Word: weinberg
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Catherine Bauer Wurster, of the University of California, will talk on "Megapolis" at 11 a.m. Friday in Emerson D. At 2:30 p.m. Robert C. Weinberg '23 will discuss "Three Contemporary Projects"--Reston, Va.; Orange County, Calif.; and Action Housing, Pittsburgh...
Money Makes Money. Born in Austria and raised in Baltimore, Weinberg quit school in sixth grade to help out in his father's auto repair shop. This left him short on the niceties of syntax (for ex ample, he says of former Fifth Avenue Coach Chairman Howard Cullman: "He was entrusted of these stockholders with their money and he done as chairman a very bad job"). But Weinberg is a near genius at numbers...
...Weinberg halved the payroll and chopped services, but Scranton Transit now rides in the black, and a union man says grudgingly, "That guy kept 125 jobs that might have been lost." Then he bought control of Honolulu Transit, used Honolulu Transit assets to buy Dallas Transit, and Dallas Transit money to buy control of Fifth Avenue Coach...
Down with Riders. Weinberg's swashbuckling tactics can hardly be regarded as a responsible answer to the woes of transit companies. He sets up no depreciation fund to buy new equipment, and the number of riders on his buses is skidding fast. His critics, who are many, charge that he intends to eventually liquidate his bus lines and keep only the valuable real estate holdings of his companies. Weinberg insists that he believes in providing only as much bus service as people are willing to pay for, a simple proposition that infuriates politicians who may be anxious to keep...
Last week it looked as if New York's Bob Wagner would win the power to buy out Fifth Avenue Coach at a court-determined price and turn its runs over to other local lines. Even so, Wheeler-Dealer Weinberg stood to gain. Attorney Roy Cohn looked forward to a "bonanza." The company's book asset value is $50 million; if the court orders the city to pay only half that much under condemnation proceedings, Weinberg will get $36 apiece for shares that cost him $18. He wants more. "I think $120 million is a fair price...