Word: hunt
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...inflation roared above 10%, and Volcker was forced to slow money growth, boost interest rates and send the economy back into recession. Now that the money supply is rising rapidly again, some economists fear the Federal Reserve is making the same mistake it did in 1980. Says Lacy Hunt, chief economist with the Carroll McEntee & McGinley investment firm in New York City: "What everyone wanted was a nice, controlled, slow recovery. What we're getting is a fast, potentially disorderly recovery." Stanford Economist Michael Boskin is concerned that if excessive money growth continues too long, Volcker will have...
...while the public is seeing lots of David Mahoney, it may soon see much less of his company. Mahoney last week proposed to make Norton Simon (Hunt's ketchup, Max Factor cosmetics, Johnnie Walker Scotch) a private corporation. He and a group of Norton Simon executives and other investors offered to buy all the firm's outstanding stock for about $725 million. If company shareholders and directors accept the plan, Norton Simon will apparently be the largest company ever to have moved from the New York Stock Exchange into private hands...
...Lion and longtime crusader for conservation of wildlife; of a heart attack; in Mato Grosso state, Brazil, where he was scouting locations for a new television series. A 1939 immigrant from Hungary, Tors eventually broke into TV and movies by producing science fiction films and 156 episodes of Sea Hunt (1957-61). During the '60s, with profits from his productions, he co-founded and ran Africa, U.S.A., a 250-acre animal training center where he practiced what he called "affection training" for his beloved stars...
...screened a list of 200 potential candidates before coming up with the honorees. One rule is that hall members may not be actively involved in their businesses on a day-to-day basis. That excluded two of the state's richest and best-known businessmen: Bunker and Herbert Hunt...
...worth of $30 million or more each. Debrett's aristocrats are selected by Georgia Author Hugh Best (Red Hot & Blue). The largest landholders of this pride of peers, the King-Kleberg clan, at one point owned 13 million acres around the world, though, as Nelson Bunker Hunt observed, "a billion dollars isn't what it used to be." Among other renowned Texas aristocrats: Fort Worth's Perry Richardson Bass and Son Sid, and Houston's Roy Cullen III, oilmen; and Dallas' William Walter Caruth and Fort Worth's Anne Windfohr Phillips, landowners...