Word: worthlessness
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...firms, none is more discreet than Manhattan's Van Cleef & Arpels. The firm's customers and what they buy are private matters. But four months ago, the firm complained publicly about a customer in a way that shook café society and Hollywood; it had received a worthless check from Playboy Robert Schlesinger (TIME, Feb. 21), whose mother is Countess Mona Bismarck, remarried widow of Utilities Tycoon Harrison Williams, and whose father is Henry J. Schlesinger, retired Milwaukee industrialist. Said Van Cleef & Arpels : Schlesinger had given Cinemactress Linda Christian, estranged wife of Cinemactor Tyrone Power, jewels worth...
...makers must use one of three preservatives. (Some omitted them after Merthiolate, used last year, was shown to have made much of the vaccine worthless...
...stock but dodge SEC by keeping their issues under $300,000, the cutoff point for SEC regulation of any kind. Further, SEC, the State Department and the Canadian government should join forces to prevent confidence men north of the border from selling "ten to 50 millions of dollars" in worthless securities every year in the U.S. The report also laid out the committee's future work; a subcommittee is now investigating the way proxy fights have been run, while the committee will probe the effects on the stock market of heavy security purchases by institutional investors, e.g., banks, pension...
...shortened tribute to Great-Uncle Jesse Knight, a multimillionaire mine owner, and one of early Utah's most colorful citizens. One night in a dream, Uncle Jesse received instructions through a "manifestation" (a Mormon expression for a message from on high) to stake a claim at the supposedly worthless Humbug property. He struck gold, silver and lead, made $30 million, then gave most of it away to the church and various charities, was known for the rest of his life as "The Dream Man of Utah...
...Fund handed out money to every deserving cause without a guiding policy, it would soon find its vast resources dissipated in the final analysis on worthless projects. The Foundation, therefore, has chosen to allocate its resources to five areas in a definite pattern...