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...first rule of business is to know your customer, the second should be to know your board of directors. In an ironic admission for an industry that has embraced customer background checks, the parent company of Smith & Wesson, the second-biggest handgun maker in the U.S., last week acknowledged it recently named James Minder, 74, chairman of the board without knowing he had spent 15 years in Michigan prisons for a string of armed robberies and an attempted prison break. Although his days as a sawed-off-shotgun-toting college student are long gone--he has had a clean record...

Author: /time Magazine | Title: It's 2004. Do You Know Who Your Chairman Is? | 3/8/2004 | See Source »

Minder, who described himself to the Arizona Republic as "the epitome of rehabilitated," in 1976 founded a nonprofit group to help delinquent youths, which now has a multimillion-dollar budget. Last week, amid a barrage of criticism, he resigned as chairman but will stay on Smith & Wesson's board. Anti-gun lobbyists hope this embarrassment will help them defeat a bill in Congress that would shield gunmakers from crime-victim lawsuits. Says Mike Barnes, head of the Brady Center to Prevent Gun Violence: "Only in the N.R.A.'s America can a company chaired by a onetime violent hoodlum...

Author: /time Magazine | Title: It's 2004. Do You Know Who Your Chairman Is? | 3/8/2004 | See Source »

...Loaded Questions The newly-appointed chairman of gunmaker Smith & Wesson's holding company resigned after newspaper reports that he served time in jail for armed robbery...

Author: /time Magazine | Title: Biz Watch | 2/29/2004 | See Source »

...None of the metal detectors, security guards or NYPD officers patrolling City Hall could help James Davis, 41, when a political rival identified by police as Othniel Askew, 31, pulled out a .40-caliber silver Smith & Wesson and opened fire...

Author: /time Magazine | Title: A Killing At City Hall | 7/23/2003 | See Source »

...Smith & Wesson reckons that if you want to shoot straight on the golf course, you should give its new clubs a try. Widely known for making high-quality firearms, the company will release a full line of golf clubs next year. Smith & Wesson, based in Springfield, Mass., says the clubs are a natural extension of its brand. "The guy who buys a Smith & Wesson handgun is in many ways in the same demographic as the guy who buys golf clubs," says John Steele, who is in charge of the company's licensing agreements. The clubs will be produced in collaboration...

Author: /time Magazine | Title: Global Briefing: Global Briefing: Dec. 23, 2002 | 12/23/2002 | See Source »

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