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...foundation to channel money into cancer research. Much of his estate will go to the foundation. Characteristically, he has made his arrangements without fanfare, and with attention to legal nuance. In concentrating on detail, however, he seems to have missed one major item: the selection of a successor to steer one of the largest and last personal financial empires...

Author: /time Magazine | Title: Business: Twilight of a Tycoon | 11/30/1970 | See Source »

...calf is a bum steer...

Author: /time Magazine | Title: Letters: Oct. 12, 1970 | 10/12/1970 | See Source »

...private, studious, moderate jurist of 61, Blackmun could emerge as the court's pivotal figure. He may have the deciding vote in many important cases. With Republican appointees in the majority, suggests University of Chicago Law Professor Philip Kurland, a leading court watcher, the Burger Court may steer slightly away from the Warren Court's judicial activism-but hardly toward the conservatism that "Vice President Agnew and Attorney General Mitchell are seeking to create...

Author: /time Magazine | Title: The Law: Blackmun's Baptism | 10/5/1970 | See Source »

...problem is space. Just 15 years ago, the average steer in the U.S. had about 86,000 sq. ft. of open range to roam in. The land could absorb excretion; natural processes converted it to fertilizer. Today the steer is likely to be crowded into outdoor feed lots with only 200 sq. ft. of living space. Feed lots, where livestock is scientifically bred and fattened for slaughter, were rare in the early 1950s. Now there are 256,000 for cattle alone, and a single facility containing 50,000 head is not uncommon. Since these feed lots are concentrated near cities...

Author: /time Magazine | Title: Environment: Animal Polluters | 9/14/1970 | See Source »

...that time, The Dreyfus Fund was a midget, with assets of only $2,300,000. Stein earned a reputation as a shrewd stock analyst, helping to steer the fund into rapid risers, including Polaroid. Within a few years he was chief assistant to Jack Dreyfus Jr., founder of the fund. In 1962, at 35, Stein suffered a mild stroke, but recovered with no aftereffects. When Jack Dreyfus retired five years ago to enjoy his multimillions, he turned control of the business over to his protege, the ex-violinist...

Author: /time Magazine | Title: Business: Change and Turmoil on Wall Street | 8/24/1970 | See Source »

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