Word: sinclairs
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Dates: during 1950-1959
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Moderated by Bentrand Fox, the panel will debate "The Businessman's Growing Political Responsibilities" with Sinclair Weeks '14, and also Harold Putman...
...Kingan went into the red the last two quarters of 1951. The "palace guard" charged that Willkie was throwing money away. Willkie denied any extravagance, said that 1951's ratio of selling and administrative expenses to sales was .042% less than in the previous year. Retorted the Sinclair faction: manufacturing expenses rose about 19% during...
Last December, Sinclair decided that Willkie would spend no more money, sent him on a leave of absence. An "Independent Committee" of stockholders who were loyal Willkie men prepared to fight to the finish, even though the Kingan and Sinclair families owned 227,000 shares, or 29% of the stock outstanding...
...weeks ago Fred Willkie was fired. Last week, at the annual stockholders' meeting of the company, the showdown between Sinclair and Willkie factions came. The Willkie men tried to put in their own slate of directors and were soundly licked...
...victorious 67-year-old President Sinclair once again bossed Kingan, he recalled: "I started as a meat cutter . . . at ten shillings a week. I didn't like that kind of work, so I figured if I had to be in business, I might as well be boss...