Word: sharing
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Dates: during 1960-1969
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...TIME'S story on "Black vs. Jew: A Tragic Confrontation" [Jan. 31] was excellent. Both the Jews and the Negroes share a history of oppression. Both share a history of ghetto existence. But one thing was in favor of the Jew: his skin is white...
Different as they are in conversation, background and life style, Farrow and Hoffman remain peculiarly identical in their view of films and their down-look on Hollywood. For the moment at least, they share a professional bond as foremost symbols of a freshening in American cinema: They are even valid sex symbols: the man with the postgraduate face, the mixed-up, half-hippie woman with fear in her eyes...
...rather unusual for a company to declare a $55-per-share dividend. When the payout is voted by a board filled with newcomers from another company that has just acquired control, eyebrows go up all around. Last week they were raised when Manhattan-based Great American Insurance Co. decided to dip into its $300 million surplus to distribute a total of about $171 million in securities. Reason: National General Corp., a Los Angeles-based moviemaker and would-be conglomerate, recently picked up 75% control of Great American Holding Corp., the fire and casualty insurance firm's parent holding company...
...National General, voting itself the fat dividend looked like a smart move. The company waged a bitter proxy fight to get its 75%, and has offered to buy the remaining 25% at $45 per share. Before the offer was made, the stock had been selling for about half that amount. Great American certainly looked ripe for plucking. It had been losing money on insurance for at least a decade, mainly because it concentrated on personal fire and casualty policies, a competitive area plagued by rising losses. Like many other hard-pressed insurance concerns, Great American concentrated on making profits...
...consider, what enforcement tactics to use, what information to withhold from the public. Appointed in 1960 by Kennedy as a Southern political debt, Dixon has driven, says the report, most Republicans out of high-level positions, and has staffed the agency with cronies, political appointees, and Southerners who share little of the interest of some low-grade attorneys in vigorous industry regulation. Dixon's self-declared admiration for an imagined high level of business ethics which he divines in each manufacturer leads him to waste the mandatory enforcement procedures available to the F.T.C. in favor of the ineffective voluntary procedures...