Word: texarkana
(lookup in dictionary)
(lookup stats)
Dates: during 1992-1992
Sort By: most recent first
(reverse)
Throughout his career, Perot has endeared himself to Main Street America partly by the enemies he has chosen. The son of a small-town cotton broker in Texarkana, Texas, Perot attended the U.S. Naval Academy, spent four years in the Navy and then in 1957 joined the white-shirted brigades of IBM as a computer salesman. The Perot myth was born when he broke with the rigid corporate culture and inflexible commission system of IBM in 1962 to found EDS -- and became a just-folks billionaire seven years later, shortly after he took his company public. During the 1970s, Perot...
Texas billionaire H. Ross Perot has a habit of defying the odds. Born in humble circumstances in Texarkana, Texas, he graduated from the U.S. Naval Academy, spent four years at sea, then went to work briefly for IBM. In 1962 he struck out on his own, launching Dallas-based Electronic Data Systems with $1,000 in savings. He sold it to General Motors 22 years later for $2.5 billion. Along the way, Perot has displayed a willingness to use his wealth for heroic purposes -- and a thirst for publicity. In 1969 he tried to deliver two planeloads of medicine, clothing...