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...developed such an effective system of hedges in playing the market that when the 1929 crash came a few months later he emerged with a kitty of $35,000 while more seasoned men went under. Simon was solvent in a promising buyer's market, and for $7,000 he bought a small, bankrupt Fullerton orange-juice plant. He renamed it Val Vita Products Inc., switched from bottles to cheaper cans, cut costs, undersold competitors and eventually switched the plant from orange juice to tomatoes. At that time, he was 25. In the next ten years, he raised Val Vita...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

...yourself resurrection. Rejecting Legge's death sentence, Philharmonia members enlisted a sympathetic lawyer to help them over the legal shoals (even their name was owned by Legge), reorganized as a cooperative. By scrambling for TV concerts and recording engagements, the New Philharmonia has managed to stay solvent by a semiquaver, even manages to provide its members with 25 hours of work a week, about as much as they averaged in the old days...

Author: /time Magazine | Title: Orchestras: Up from the Grave | 1/22/1965 | See Source »

...fiscally solvent, there is no reason not to give to the Combined Charities drive. A few inveterate gradgrinds may try to justify their parsimony by insisting that the Combined Charities Committee selected the wrong charities for its recommend list. A quick perusal of this list should, however convince even the most tight-walleted that the Committee's fault, if any, was one of omission, not of commission. And the Drive leaders not only permit, encourage students to "write-in" their choice if it is not on the list. This good advice should be taken by all, as should the Drive...

Author: NO WRITER ATTRIBUTED | Title: The Combined Charities Drive | 11/9/1964 | See Source »

Michigan's unusual statute sets no standard for judging which cons are rich enough to pay as they stay; the law says that an inmate who "appears" solvent enough is subject to being charged the daily $4 to $9 that it costs the state to keep him in jail. Few actually get into this fix; the state has collected only $30,000 from paying prisoners in the past nine years. But the possibilities are clear from the record of Lifer Roman Olezniczak (murder, bank robbery), the state's top paying con. While earning $5 a month...

Author: /time Magazine | Title: Criminal Justice: Pay as You Stay | 10/16/1964 | See Source »

...director of the London Times he was early nudged toward the diplomatic corps. At 16, he interrupted Sunday dinner to announce himself an actor. His half-Dutch father shouted half-Dutch expletives, finally conceded that the boy could have two years to get solvent as an actor, but no more. So Derek Jules Gaspard Ulric Niven Van den Bogaerde went down to London...

Author: /time Magazine | Title: Actors: An Unpublic Life | 4/3/1964 | See Source »

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