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Blunted Lead. Civilian businessmen sometimes find that competing against companies in which OYAK has an interest is like standing in the way of a cavalry charge. Last year, for example, a plant near Istanbul that is owned jointly by Italy's Fiat Motor Co. and Turkish Tycoon Vehbi Koc began producing cars for the Turkish market. Construction of an auto plant owned jointly by France's Renault and OYAK was well behind schedule, and it seemed that Fiat cars would gain a long sales lead-until the fund swung into action. After arranging the specifications so that other...

Author: /time Magazine | Title: TURKEY: The Army Conglomerate | 9/11/1972 | See Source »

What the Republicans need, according to Jazz Vibraharpist Lionel Hampton, is a campaign song. Collaborating with Elizabeth Firestone, daughter of Tire Tycoon Harvey Firestone, Hampton has whipped up a 32-bar opus called We Need Nixon. Its conclusion: "In him and God we place our trust. Our man is Nixon, he's right on! Fixin' a better world for all of us." During performances with the Hampton Jazz Inner Circle, the composer passes out singles of his new ditty while the boys play Hampton specialties. What happens when Democrats disapprove of his offering? "Oh," says Hampton...

Author: /time Magazine | Title: People, Aug. 21, 1972 | 8/21/1972 | See Source »

Pint-sized Jeno Paulucci is a blend of tough tycoon and softhearted humanitarian. Twice in the past 25 years he has built multimillion-dollar enterprises in the turbulent food-packaging business. At the same time he has taken pride in hiring and training the handicapped and others usually considered unemployable, many of them eligible for welfare payments. More than half of Paulucci's employees in Duluth, Minn., are missing fingers, must wear neck or leg braces, or are deaf mutes, mentally retarded, partially blind, alcoholics or ex-prisoners. As a result, the President's Committee on Employment...

Author: /time Magazine | Title: EXECUTIVES: Jeno's Hearty Menu | 8/7/1972 | See Source »

...helps that this is one of Shaw's finer plays. While Barbara Undershaft (Jane Alexander), who does the Christian God's goodly work among the poor, owns the play's title, it is her munitions tycoon of a father, Andrew (Lee Richardson), wielding the twin thunderbolts of "money and gunpowder," who is the capitalistic Zeus. Shaw himself had a Caesar complex. He was fascinated by absolute power and that explained his deplorable temporary enthusiasms for Hitler and Stalin. But his Undershaft is of another breed. This merchant of death is also an apostle of life...

Author: /time Magazine | Title: The Theater: Apostle of Life | 7/24/1972 | See Source »

...does Lewis Hoaglund, the conglomerate tycoon who likes to fire people as brutally as possible, have a huge machine in his backyard that has no function except to clank and sputter...

Author: /time Magazine | Title: Books: Mad World! Mad Kings! | 7/3/1972 | See Source »

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