Word: trusts
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Dates: during 1960-1969
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President Kennedy's death has made it clearer than ever that the vice-President must be equipped to take over instantly as chief executive, retaining the trust of his predecessor's advisers and supporters--in short, he must himself be of Presidential calibre. Yet men of great abilities will continue to turn down the vice-Presidency if it remains the job it is today. The man who is theoretically the nation's second highest-ranking official earns his pay simply by presiding over the Senate once in a while, by attending Cabinet and National Security Council meetings, and by doing...
...stand stark naked on the street in broad daylight in the heart of Manhattan's financial district? Detective Joseph Leahy thought so the Sunday he saw green-eyed Actress Jan Tice (5 ft. 10 in., 37-25-37) posing nude in front of the Morgan Guaranty Trust Building while Writer John Wilcock held her coat and Photographer Jean Kirkland took pictures-for a book on New York monuments, they explained. It takes proof of lewdness as well as nudeness to make a case of indecent exposure, but this problem did not arise; photographer, writer and model were all charged...
...billion rail and financial empire, those who did not know him well thought that he might retire to his 27-room mansion and clip coupons. After all, Kirby, now 71, was already worth at least $250 million through major holdings in Woolworth, I.T. & T., Phillips Petroleum, Manufacturers Hanover Trust and the New York Central Railroad. But Kirby is as stubborn as he is rich. He began a battle to regain control of Alleghany from the men who had wrested it from him, Texas Millionaire Brothers John Murchison, 41, and Clint...
Missing Oil. The number of people and companies caught up in the commodity scandal seemed to grow almost daily. Four major New York banks Chase Manhattan, First National City, Manufacturers Hanover Trust, Morgan Guaranty-and 14 other banks are stuck with more than $24 million in bad loans to Haupt, have agreed not to try to collect until customers who lost their stock because Haupt used it to get loans are paid off. Haupt's bankrupt commodity customer, Allied Crude Vegetable Oil Refining Corp., wove such a web of tangled credit deals (offering as collateral for loans stocks...
...Chihuahua, of which Trouyet is co-founder and 8% owner, is in the midst of a $15 million expansion that will double its annual production of pulp to 110,000 tons. At the same time, Trouyet is putting the finishing touches on a deal to start a Mexican investment trust company, with assets...