Word: sharing
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Dates: during 1960-1969
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...past, a large share of the smuggling traffic-most of which moves down through Laos-has bought immunity from trouble by paying off gangs of former Nationalist Chinese soldiers...
...large U.S. companies are conglomerates; U.S. Steel, for example, not only turns out metals but also builds bridges and sells cement. However, in Wall Street parlance, conglomerates are generally those companies that have adopted a diversification-by-merger philosophy as a way of corporate life-and most of them share Harold Geneen's distaste for the term. After all, says Ralph Ablon, who has built his Ogden Corp. into a far-reaching (shipbuilding, metals, processed foods) conglomerate, the word connotes a company with "no unity, no purpose and no design."* To most image-conscious companies, the real conglomerates...
...Pick a Target. Beyond the major demands, there are thousands of trivial, and often ridiculous, issues to be settled. One local, for example, is asking for both free lunches and a share in the company cafeteria's profits. Another now wants magazine racks installed on the John doors...
Last week Levin headed toward the nearest exit. "I was in the position," he explained, "where I could only move sideways or backwards." Therefore, he and his associates sold their 720,000 shares of MGM. Of that total, 420,000 were bought at $59 a share by the youthful (38) president of Joseph E. Seagram & Sons, Ltd., Edgar M. Bronfman, in a personal transaction. The remaining 300,000 shares were acquired, at the same price, by Time...
...guillotine or watches an associate shot down before his eyes. But even the disappearance of his closest cronies, who drop out or die one by one, does not subdue his larcenous spirit. Finally, he has everything: riches, an elegant home and the beautiful cousin, who rejoins him to share his life. He still cannot quit. In the camera's last view he has completed his heist, and is sitting on a train with satchels full of loot. Before the viewer's eyes he slips from youth to middle age, a pathetic pariah whose luxurious tastes cannot disguise...