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...five days, nobody did anything. The San Francisco papers passed up the story, while Freddie (real name Robert Lawson Preston, 44) tried to bluster it through. "Some of it's true," Preston conceded airily, "and some...

Author: /time Magazine | Title: The Press: Exit Blushing | 2/7/1949 | See Source »

Finance. When stockholders brought a bankruptcy suit against the Tucker Corp., President Preston Tucker won 60 days to produce financial backing from an unnamed "angel." Last week Tucker reported that the backer had backed out. But, he said, five others-including "an Eastern syndicate, a West Coast syndicate, two big companies and an internationally known banker"-were interested. Chicago's Federal Judge Michael L. Igoe said he didn't "have the least bit of confidence in [Tucker's] statements," but he gave him until March 3 to put up the cash or close down his shop...

Author: /time Magazine | Title: STATE OF BUSINESS: Facts & Figures, Feb. 7, 1949 | 2/7/1949 | See Source »

...smaller roles, Edna Preston bustles as the perpetual Cockney maid is expected to, and Mary Mace is proper and prim as Sir John's secretary. Maxine Sheppard looks natural in the cynical, sophisticated--and bitchy--role of Lady Fletcher...

Author: By Rafael M. Steinberg, | Title: O Mistress Mine | 1/17/1949 | See Source »

...flop of the year was Preston Tucker; he spent over $20 million turning out 39 handmade cars, and at year's end was sadly muttering: "All I need is money." If there was a Businessman of the Year it was Automaker Paul G. Hoffman, who left his job as president of Studebaker and climbed into the driver's seat of ECA, the biggest politico-business enterprise in world history. He got it running with a minimum of gear clashing, and Congress found little need for back-seat driving...

Author: /time Magazine | Title: Business: The New Frontiers | 1/10/1949 | See Source »

...states which the G.O.P. carried-they were Republicans. New York's electors, who also posed for an official photograph, got a free lunch, free fountain pens and a chance to meet Governor Thomas E. Dewey.* In Democratic Tennessee there was a mild flurry of excitement. An elector named Preston Parks carried out a vow-and exercised his constitutional right-to vote for the Dixiecrats' J. Strom Thurmond instead of Harry Truman...

Author: /time Magazine | Title: POLITICAL NOTES: The Middlemen | 12/27/1948 | See Source »

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