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...Sodom. Many outsiders who begin as shareholders eventually move into actual property ownership by buying a Rassco enterprise and letting Rassco manage it for a fee. Nazareth's new buildings, for example, are largely owned by Memphis, Tenn., investors. With Rassco, several British millionaires, including Sir Isaac Wolfson and Charles Clore, jointly own G.U.S.-Rassco Ltd., a company affiliate that sets up small industries. Stern is happy to sell off enterprises quickly; sales give foreign investors material and emotional ties to Israel and, more importantly in a capital-short nation, provide funds for further enterprises. Already, although...

Author: /time Magazine | Title: Israel: The Reach of Rassco | 12/27/1963 | See Source »

Numismatists (from nomisma, Greek for anything sanctioned by usage, the current coin) include such diverse types as the late business wheeler-dealer Samuel Wolfson, ex-King Farouk (who sold his collection for about $3,000,000), Jayne Mansfield and Cardinal Spellman. But most collectors are children; these days they can even begin their numismatic careers at Woolworth's, which has installed coin departments' in several of its stores...

Author: /time Magazine | Title: Hobbies: It's Not Just Money | 8/23/1963 | See Source »

...collectively put up pieces of their personal fortunes and are liable for losses down to their last collar button. Membership is prestigious and highly prized. Among the current insiders are four Cabinet ministers (Hailsham, Maudling, Sandys, Thorneycroft), 52 M.P.s (predominantly Tory), Tycoons Charles Clore and Sir Isaac Wolfson, Actor Kenneth More and five dukes, eight marquesses, 39 earls, 90 knights and 113 baronets...

Author: /time Magazine | Title: Britain: Taking the Big Risks | 8/16/1963 | See Source »

...biggest maker of toothpaste tubes, from a floating desk in the pool of his Greenwich, Conn., home until the pool became too small to contain his world. They make an unlikely trio, but together they have set out to be corporate conquerors in the style of Louis Wolfson and the late Robert Young. Last week the trio completed a major coup by taking control of ailing Lionel Corp. from Attorney Roy Cohn, bumping him down to chairman of the executive committee. That coup expands the assets of their growing empire to $140 million...

Author: /time Magazine | Title: High Finance: Three for a Pyramid | 5/17/1963 | See Source »

...stuck with the stamps." They haven't seen anything yet. The U.S.'s MacDonald Stamp Co. (Plaid Stamps) is exploring the British market, and giant Sperry & Hutchinson (Green Stamps) will launch an assault this summer. More immediately. Great Universal Stores' Sir Isaac Wolfson now owns five small stamp companies, and is expected to begin issuing stamps in his 2.600 retail outlets...

Author: /time Magazine | Title: Britain: Stamp War | 5/17/1963 | See Source »

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