Word: sellout
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Dates: during 1960-1969
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Swindler's Sellout. Founded by Swedish Tinkerer Lars Magnus Ericsson 86 years ago, Ericsson Telephone has had a troubled history: Super-Swindler Ivar Krueger, who got control of the company in the late 1920s, sold off his interest in 1931 to Ericsson's archrival, the U.S.'s International Telephone & Telegraph Co. This evoked patriotic outcries in Sweden and led to the intervention of the brothers Marcus and Jacob Wallenberg, who between them head the boards of 24 Swedish companies with combined sales of $1.6 billion. Aided by a law that prohibits foreign control of Swedish firms, Marcus...
...wanted them to think of fine arts and culture. This cost him a down payment of $187,500 before the singer would set foot on board ship. But his investment paid off in cash if not in permanent dignity, as Jenny Lind made a 12,000-mile, 165-concert sellout tour during which a single seat went for $653; another time, 1,000 standing-room tickets were sold in 15 minutes...
...breathily awaited Lolita, which brought him to the U.S. last week for a promotion tour. New Sellers films open, it seems, about as frequently as cuckoo clocks; he has made more than two dozen in the last twelve years. Only Two Can Play is playing to sellout audiences in London and New York. He is Jean Anouilh's lecherous old general in Waltz of the Toreadors, which won superlative reviews when it opened fortnight ago in London...
...shows America to be -as angry young British Playwright John Osborne puts it -"as sex-obsessed as a medieval monastery." Yet Tennessee Williams fills foreign playhouses from Athens to Tokyo, and his current play, The Night of the Iguana, though it shuns obsession with sex, is a box-office sellout and much the best new American play of the season...
Fallout or Sellout--Choose...