Word: trusts
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Dates: during 1950-1959
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While making the investment decisions and voting the shares, Cabot rarely sees a security. "We only see them," he says, "when a man comes in to give some." Even then, the donor is hustled over to the New England Trust Co.--perhaps by subway or taxi depending upon the size of the gift...
...University has a special contract with the Trust Co., which keeps Harvard's securities in its vaults as well as collecting dividends and clipping coupons for the busy Treasurer. The latter job, by the way, undoubtedly involves countless man-hours, for the current market value of the school's bond portfolio approximates...
Floyd Odlum likes to keep plenty of cash in Atlas Corp., his big investment trust, to be able to step quickly into "special situations." Last week Atlas got into some very special situations in widely scattered parts of the world. In Albuquerque, the finishing touches were being put on a deal to put Atlas solidly into a new field-uranium mining-by taking over the Lisbon Uranium Co. (TIME. May 3). In Buenos Aires, Odlum emerged from a two-hour conference with President Juan Perón to announce that "an agreement in principle" had been reached...
Automatic Excitement. What to do? Whom to trust? In Bogart the harried producer can find comfort. Bogie may bait and bully his betters, but he can act, and he is reliable. His name pulls at the box office. After his years in gangster parts, his appearance on the screen automatically seems to lend a story impact and excitement. Movie fans do not care a whit if he (unlike Jimmy Stewart and Gregory Peck) is killed during the course of a picture. Cab drivers, burglars and women admire him. And on top of all this, as an Academy-Award winner...
...whisky: "I never drink when I work. I get loaded now and then. I don't trust anyone who doesn't drink...