Word: ranald
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Dates: during 1960-1969
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Better Motivated. The organization got started in 1949 when Mrs. Ranald H. Macdonald, wife of a New York investment banker, and a small group of volunteers began recording textbooks for G.l.s blinded in World War II. The Korean war casualty list sharply increased the need for help, and in 1951 Recording for the Blind was incorporated. Now, at the New York headquarters and 15 other recording units from Miami to Los Angeles, teams of readers and monitors (who check the spoken word against the text) spend hours inside soundproof booths to build up a catalogue of titles that stands...
...have some problems. How can they get their eggs out of the one big basket, spreading the risk by putting their money into a number of stocks, without paying the 25% federal capital-gains tax? To help investors out of this gilt-edged dilemma, two young Denver bankers, Ranald H. Macdonald, 36, and William M. B. Berger, 35, launched a new mutual fund that permits diversification without selling and paying taxes...