Word: ramo
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...corporation called GeoTek, of which Chandler is a director. For his services, Chandler in 1965 collected $109,200 in cash "finder's fees," which he returned to a Burke company this year after the first evidence surfaced of a possible scandal. The list of prominent investors includes Simon Ramo, a director of the Times parent company and a founder of the huge electronics-aerospace firm TRW Inc., who also lent his name as a GeoTek director. Hollywood celebs who took fliers on Burke's oil funds include Kirk Douglas, Natalie Wood and Nancy Sinatra...
...system goes by the cumbersome name of NASDAQ, for National Association of Security Dealers Automated Quotations. It was developed at a cost of $23 million by Bunker-Ramo Corp., and gives instant readings on 2,374 of the most actively traded stocks on the over-the-counter market. Another 200 will be added this month, and eventually as many as 20,000 of the approximately 50,000 over-the-counter stocks will be included. At present, NASDAQ lists only companies that have at least $1,000,000 in assets, 500 stockholders and a stock that sells for $3 a share...
...tend to argue against anyone making one." He disagrees with the contention that it is cheaper and easier for the offense to stay ahead of the defense. Defensive technology has reached the point, Brennan maintains, where it requires equal effort for the offense to keep pace. To this, Simon Ramo, vice chairman of the billion-dollar-a-year TRW electronics company, replies that with "one-tenth of the budget of ABM, thick or thin, I could wreck the system...
...Goodbody & Co. took a trailblazing step toward the obvious remedy: more automation. It put into operation a new electronic system to speed the reporting of buy and sell orders from the floor of the Big Board and the American Exchange to its own back offices. Manufactured by the Bunker-Ramo Corp., the new equipment resembles a miniature television receiver mounted on a small adding machine. It enables floor clerks to send the details of every transaction to the offices at a rate of 110 characters per second, more than ten times faster than the tele typewriter it replaces...
...inexorable attack on long-neglected urban problems comes, the cost will be staggering. Alcoa Chairman Frederick J. Close last week ventured a price tag of $100 billion to clean U.S. skies and rivers, rebuild cities, unsnarl traffic, educate the young and re-educate the old. Vice Chairman Simon Ramo of TRW Inc. puts the cost ten times higher, or $1 trillion...