Word: rfc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Sterling Foster, ex-chief of the RFC's loans operations division, to the presidency of South Carolina's Plywood Plastic Co., which has $3,000,000 in RFC loans...
...Shallit, RFC engineer who recommended a $200,000 loan to Alaska's Usibelli Coal Mines Inc., to assistant manager of the company...
...RFC's Merl Young, an $18,000 vice-presidency at Ohio's Lustron Co., which has a $34.5 million RFC loan...
When a $10,000-a-year official of the RFC, John Hagerty, took over the $30,000-a-year presidency of Waltham Watch Co. (TIME, May 9), many a congressional temper flared. For Hagerty, as the RFC's Boston manager, had recommended the $9,000,000 loan (later cut to $6,000,000) that enabled Waltham to reorganize. A Senate committee began digging into the RFC's records, found that the RFC had been an open door to high-salaried jobs in other companies which it had bailed out. In 4½-years, 20 RFC employees had joined...
...long was RFC going to keep pouring millions into Lustron? Gunderson didn't know, but he thought RFC should keep on until everyone was satisfied that Lustron was either a success or a flop. So far, it had been far from a success...