Word: entrepreneurs
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Dates: during 1960-1969
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...observed that scheme after scheme to beautify America's topsy-built cities failed because the true client was the real estate entrepreneur rather than the aesthetician. Pei signed on with Manhattan Realtor William Zeckendorf to see if a creative balance could be struck between big deals and good design. The working relationship produced Manhattan's Kips Bay Plaza apartments, Montreal's Place Ville Marie and Denver's Mile High Center. But a decade ago, Pei decided it was time to begin striking out on his own: he became a U.S. citizen...
Paying Off. Instead of looking for experienced partners, who might have dissuaded him. Detroit's journalistic entrepreneur talked three buddies into joining him. Instead of appealing for funds to bankers, who would probably have turned him down, he appealed to Irving Hershman, a softhearted cousin with means. Jimmy Hoffa's perennially hungry teamsters helped out by agreeing to deliver Dworkin's nonexistent daily on a cash-and-carry basis. Detroit's job printers, who first sneered at Dworkin's proffered business, soon accepted it gratefully. From abruptly laid-off newspaper salesmen, the neophyte publisher...
...flanks of a hundred other U.S. cities. But even to some of the inhabitants, Darien seemed wilder than most. In the weekly Darien Review, Episcopal Rector William C. Bartlett described the town as a place "where ninth-graders drink vodka on the school bus." Early this year an entrepreneur opened a teen-age nightclub that had dancing but only soft drinks. It failed. "The kids around here just won't go to a place where they can't drink," complained the owner. Where do they go? Either to private parties or across the line to New York, where...
Divorced. Billy Rose, 65, bantam Broadway entrepreneur and biggest single A.T. &T. stockholder (160,000 shares worth $11 million); by Doris Warner Vidor, 48, heiress to Hollywood's Warner Bros, fortune; on grounds of mental cruelty; after six months of marriage (his fifth); in Reno...
...When Entrepreneur John Bloom, then only 30, offered 500,000 shares of his Rolls Razor Ltd. on the London Exchange two years ago, investors grabbed them at $3.50 a share. On Bloom's rising reputation and Rolls's rising washing-machine sales, the hot stock doubled. In recent weeks, however, London's City has buzzed about troubles at Rolls, and the price of the company's stock has fluttered wildly. Last week, just two years and 51 days after John Bloom's stock was listed, it fell with a mighty crash. Nine minutes before...