Word: salant
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Dates: during 1970-1979
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...between California school-building securities and San Jose city notes, and $326,560 in stocks, at market value. Among them were investments in two bank holding companies, $132,000 in Continental Illinois Corp. of Chicago and $111,000 in First Union, Inc. of St. Louis, and $42,432 in Salant Corp., a New York-based clothing manufacturer...
...scoop of the year. He threatened network employees with violence if he did not get his way, and emphasized his seriousness of purpose with a demonstration of karate-style kicks. "He's the most terrifying guy I've ever seen," said CBS News President Richard Salant...
...been widely criticized earlier this year for paying as much as $100,000 for an interview with former Nixon Aide H.R. Haldeman. This time, Salant decided to hire O'Keefe as a "consultant," pay him $1,000 to tape an interview with Medlin, and give him $9,000 for the pair to lead a network crew to Hoffa's body, which Medlin insisted lay encased in concrete in 12 ft. of water 2½miles off Key West, Fla. The network stresses that it did not pay any money to Medlin, but O'Keefe says that...
...money for safekeeping. En route, he persuaded O'Keefe to stay overnight in Tampa. They checked into a motel, and at 4 a.m. Medlin walked out with the cash. For days a diver hired by CBS searched off Key West-in vain. Admitted a philosophical Salant: "We've been had before...
Richard S. Salant President, CBS News New York City...