Word: staked
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Dates: during 1950-1959
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...getting into the social news with his stable of racers and steeplechasers, his polo playing, his first marriage to Mary Elizabeth ("Liz") Altemus, and his second to Betsey Gushing Roosevelt, he was combining business and the arts by backing some 30 Broadway plays, e.g., Life With Father, and helping stake Hollywood Producer David O. Selznick in such highly profitable productions as Rebecca and Gone With the Wind...
Translating the importance of NATO's future into business terms, retiring NATO General Alfred M. Gruenther told the businessmen: "What is at stake in the world today is the free-enterprise system. The Soviets realize that if this system can prevail, their system is doomed to failure." To meet Communist competition, said World Bank President Eugene R. Black, U.S. business must use "energy and imagination," to expand into the underdeveloped areas of the world...
With the Bathwater. In Longxuyen, Viet Nam, cops arrested Sorcerer Nguyen Van Do for murder, got an explanation: with his professional reputation at stake after he had failed to cure an addled old farmer of his insanity, Van Do had resorted to a surefire cure, dunked the patient in boiling water...
...Egypt suddenly made clear the dismaying fact that when the chips were down, not only Russia but "respectable" major powers as well were willing to take the law into their own hands, breaking their U.N. pledge to renounce force, when they conceived their vital national interests to be at stake...
...research whose outcome, years distant, can seldom be gauged in terms of dollar returns. More than ever, the businessman must rely on scientists and economists and be ready to gamble on their projections. Says Pittsburgh Plate Glass Co. Vice President Leland Hazard: "Too many people and facilities are at stake for management to be timid, cautious, slow, antiquated." General Electric Co. President Ralph Cordiner estimates that up to 90% of his time is spent on projects that will not come to fruition until after he has retired. The business leader, in the words of George S. Dively, president of Cleveland...