Word: summa
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...helicopter manufacturer to casinos in Las Vegas, Reno and the Bahamas, ranches in Nevada, a magazine (Football Today), a television station (Las Vegas' KLAS-TV), mines in Nevada and vast amounts of undeveloped land. Most of the interests were grouped together in the Las Vegas-based Summa Corp., which, Lummis concluded, was run by a group of Hughes lieutenants of dubious ability and honesty. These included Chester C. Davis, Summa's general counsel; Frank William Gay, a onetime errand boy who became a board director; and Nadine Henley, once Hughes' stenographer...
After studying Summa's hard-to-find financial records, Merrill Lynch estimated that between 1970 and 1976 the corporation had lost $131.7 million. The company, for example, spent about $50 million to maintain the legendary Spruce Goose, the huge, 400,000-lb. wooden flying boat with a 320-ft. wingspan that Hughes had piloted once for a distance of a mile in 1947 and then stored away in a Long Beach, Calif., hangar. Other losses flowed from the hotels that Summa owned but managed haphazardly, a company formed to promote blood-analysis devices, Football Today, and a worldwide fleet...
...Severn is THE Columbia man," the newspaper said of the new president, who graduated summa cum laude from the college in 1952. He was first in his class at the law school three years later and became the youngest full professor in Columbia's history...
...regardless of whether his project is a summa or not, someday, Fletcher says, he would like to play the role of director again--but in front of an orchestra. After a year or two as a music and theater teacher at Andover, Fletcher wants to apply to conservatories in order to study conducting, he says...
When he graduated summa cum laude from Harvard College in 1959, Marglin was a neoclassical economist who believed the economy could be successfully managed by adjusting economic tools. He is now convinced that a "fundamental change" in society's structure is needed to bring about a more meaningful work, commumity and family experience. Workers, he believes, need to have more control over what is produced and which technologies are used. "We need worker participation in all levels of the production process, including real changes on the shop floor," he says...