Word: shortly
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Dates: during 1940-1949
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...fast-dealing week for AVCO and a turning point in its short (17 years), fantastic, often odorous history. Germinated by the wild enthusiasm for anything with wings that followed Lindbergh's transatlantic flight, AVCO sprouted from gilt-edged seed (Lehman Brothers; Brown Bros., Harriman and Co., etc.) in March 1929, as a holding company for all branches of aviation. For a time it flew high, controlling 81 corporations. But soon it crashed into such a welter of squabbles, proxy fights and plain bad management that Wall Street quipped: "AVCO was begotten in sin and carried on in seduction...
...touch & go to keep ATCO breathing. One example: AMCO ran short of cash to keep its subsidiaries operating, so it borrowed $1,400,000 from AVCO. AVCO, in turn, ran short, so it borrowed $500,000 from ATCO. ATCO then sold its interest in Checker Cab Manufacturing Corp., and later some new stock and was then able to help out AVCO, which was then better able to help AMCO...
...British might have to take a whopping loss on the rubber already bought for 23½ ?. To Wall Streeters the moral was plain: if the price of crude rubber, once among the scarcest of commodities, could drop so quickly, how long would the sky-high prices of other "short" commodities stay...
...sweltering day in early July, 25 students from colleges all over the country met in New York City. As the American delegation to the International Students Congress taking place in Prague during the latter part of August, this group had allotted itself one short week before sailing to work out a program representative of American student opinion. A week of bombastic sessions lasting late into the nights proved that this was no easy assignment...
...chair. The continued presence of AYD members within the framework of the Liberal Union is more than a case of whether the Liberal Union is to be considered as a genuinely democratic organization. Failure to work alongside the Communists, or the AYD, or what you will, on limited short-term objectives on which all happen to agree can only serve to weaken and finally split the liberal movement in America...