Word: staid
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During the takeover struggle, Steinberg remained in the background while the British Rothschilds, who acted as Leasco's advisers in the bid, rounded up the crucial 15% of Pergamon's stock that is controlled by staid bankers in London's City. That stock, added to Leasco's 38% holding in the company, put Steinberg over...
...Minister of Communications, Olof Palme helped steer the country from left-to right-hand traffic in 1967. According to his critics, that was the only time Olof has moved away from the left since he started shaving. Conservatives in his own country call him a renegade from his class. Staid politicians elsewhere in Scandinavia consider him too impulsive. Many Americans resent his bitter criticism of the Viet Nam war. Now all will be hearing a lot more of the outspoken, provocative Palme. Last week, at the age of 42, Palme was named to succeed veteran Prime Minister Tage Erlander...
...prizes are given. Over half of the 23 films presented this year at Lincoln Center will show up in regular theaters soon (in some cases only days) after their festival screening. Begun seven years ago as a showcase for the choice of the European festivals, New York's staid and sometimes pompous affair has thus each year become more and more a distributors' proving ground. Oddly enough, the attitude of the festival's sponsors doesn't seem to affect the quality of the films. A few are first-rate; many more are mannered mediocrities indicative...
...Orleans militant group called Thugs United has won financial aid from the city's staid Chamber of Commerce for black self-help programs. Milwaukee has a "Summerfest" of rock festivals and fashion shows. In Cincinnati, Richard Bedgood's black Checkmates group organized a series of summer leisure programs in the ghetto. Says Bedgood: "Everyone was real happy. Like man, they brought jazz groups in, they brought the symphony in, we had plays, we had rock groups. Practically every night they had something going. There was just no time to riot." Leon Atchison, assistant to Detroit's able...
...many years, U.S. Trust had a staid image because its investments rose less rapidly than those of small mutual funds, whose young managers hopped from fad to fad, making quick gains on chicken franchises or computer-leasing companies. These smaller investment funds, which rose rapidly in the highly speculative markets of 1967 and 1968, have fallen sharply in the recent market slide. This year, U.S. Trust has done much better than most of the newer, smaller investment institutions. It has-as it usually does-outperformed the market averages by about...