Word: tycooning
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...Chicago Philanthropist Julius Rosenwald, board chairman of Sears Roebuck Co. guaranteed the margin accounts of all his employes. Two days later Chicago's public utility tycoon and opera promoter Samuel Insull announced that he would do the same thing. And so did Samuel W. Reyburn, president of Manhattan's department store Lord & Taylor. But the climax came when the wizened little man who lives in the fortressed home in Pocantico Hills, N. Y., said: "My son and I have for some days past been purchasing sound common stock." In memory of many a trader in Wall Street, John D. Rockefeller...
...shot came a few minutes before banks were due to open. That morning the doors of Plum's comparatively small Folkebank (capital $1,600,000) remained locked. Cousin Bretteville Plum, the bank's Managing Director, scouted the police theory that Tycoon Plum had intended to commit suicide. Stock of the Folkebank dropped only 15 points. Hours dragged by, with Plum the Great unconscious...
...raiders found, but no directors. "BIGGEST DRY RAID" blared press headlines the next morning. A picked detachment of raiders invaded the field headquarters of the syndicate, an isolated 20-room mansion high on a New Jersey headland, onetime country house of the late Oscar Hammerstein, black cigar & light opera tycoon. Oriental rugs, costly new furniture adorned the living rooms. Beneath the house were labyrinthine tunnels where boatloads of liquor could be stored. On the roof was a lookout post and a searchlight for flashing messages out to sea. Conveniently placed was a well-stocked arsenal. Warlike trenches zigzagged about...
However poor Fox Theatres may appear to some people on a strictly investment basis, the greatest asset the company has, and one that should appeal to Fox patrons, is the management of William Fox.* Famed are the legends of his rise from Hungarian Jew newsboy to Long Island tycoon. Most significant of the factors in his story is that the Fox accomplishment has been singlehanded. Blustering, driving, he makes his own decisions, rapidly follows them out. Scorning most social customs, he enjoys golf despite a Kaiser-like arm, has thrice holed...
...invidious asked why Mr. Eastman gave the clinic to Rome instead of to some U. S. city and pointed to Murry Guggenheim, copper tycoon, as a paragon. Mr. Guggenheim and his wife Leonie jointly gave $4,000,000 last summer to build free dental clinics in Manhattan (TIME, July 1). Last week Mr. & Mrs. Guggenheim purchased land for the Manhattan project...