Word: witter
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Dates: during 1970-1979
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...until she was 35, a mother of two, an executive feminist who wears black dresses and pearls, and head of her own Manhattan public relations firm, Letitia Baldrige Enterprises, Inc. At 51 she serves on the board of directors of three companies (the New York Bank for Savings, Dean Witter Reynolds Inc., and Outlet Co. of Providence) and writes a weekly column, "Contemporary Living," which is syndicated in some 40 newspapers by the Los Angeles Times...
...programs already in place." He adds: "The auto game in the '70s and the '80s will be fuel efficiency, space efficiency, ease of assembly-and none of those are Iacocca's strong points." But others disagree. Says Michael Ward, vice president of Dean Witter Reynolds: "Chrysler's only problem is volume. Iacocca can help; he's a super marketing...
...being watched closely by the New York Stock Exchange lest they fall below minimum capital requirements. So far this year 221 other brokerages have disappeared through mergers or simply closed their doors. Most galling of all, perhaps, stock in such well-known securities firms as Merrill Lynch, Dean Witter, Bache & Co. and Reynolds Securities are all selling at about half their 1972 highs...
Died. Jean C. Witter, 80, honorary board chairman and co-founder in 1924 of Dean Witter & Co., now the fourth largest investment banking firm in the U.S.; in Piedmont, Calif...
...early June, will represent 13% of the firm's equity. The move could well start a rush by other Wall Street firms to market some of their closely held shares to the public. Among the next likely to do so are Bache & Co., Reynolds & Co., Dean Witter & Co., Walston & Co. and F.I. du Pont, Glore Forgan...