Word: sold
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Dates: during 1960-1969
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...Congratulations. Says Salzberg: "It wasn't just a front. We sold pictures, and the boys who worked for me didn't even know about the FBI. It was just that I was a functionary and the FBI sort of coaxed me-got me involved in publications I didn't know about or suggested I ought to cover this or that demonstration." For his "services," Salzberg (code name: "Winston") received $6,700, all in cash, plus another $2,300 for expenses, delivered in high cloak-and-dagger style in parking lots, parks, street corners and zoos. He protests...
Dear Not So Interested: The press run of our first issue was 375,000, and we sold 71% of that. We expect to prosper because Bob Guccione can make a go of anything. Though basically an artist (he draws some of our cartoons). Bob once made a splash in British dry cleaning, introducing a 24-hour delivery service. And he's proved what he can do with magazines. He now has two others besides Penthouse in Britain, and is opening a Penthouse Club in London this month...
Teacher and Publisher. Almost half of the earnings came from casualty, life and property insurance, mostly sold by companies that Amexco had recently acquired. Amexco has become a force in the mutual-fund business. Last year it took over the Commonwealth Group of four funds, and this spring it started two more, including an "offshore" fund for foreigners. The acquisition of W. H. Morton & Co. and Equitable Securities has given Amexco a strong position in stock and bond underwriting. The company is a major factor in international currency transactions. Every working day the American Express International Banking Corp. buys...
Unlike some executives who take a paternal pride in diversification moves. Clark has not hesitated to shed businesses as well-including some that made money but not as much as he would have liked. Amexco acquired the Uni-card credit business in 1965 and expanded it, but sold it last January-for a $16.6 million profit. Early last month, it agreed to sell its freight operations to Pacific Intermountain Express...
...angry helplessness of living in a jungle of machines you can't understand and of mass-produced ideas that are flung at you like cat-calls. Gather the feeling more closely about you; you can find pleasure in all the things that can't be processed, marketed or sold, you can find your own reasons for enjoying the things that...