text:
THE nDERBIRD
THE THUnDERBIRD
is the quarterly alumni publication of American
Graduate School of International Management.
Contributing Writers:
Special Correspondent:
Dawn Wardle-Corley
Donna Cleland
Victoria Baird' 67
Theodore Troy '57
Professor Helmut Roessler
Randi Steinberg
Pat Kenny
Sincere thanks to: Steve Orr, '79, Tom Brennan, '79,
Debasish Banerjee, '80, Professor Shoshana Tancer and Dr.
Parry Dixon.
Full cover: Harvesting wheat fields in Kansas. Courtesy of the
Audiovisual Department of Farmland Industries, Inc. Center
photographs: Left: Maturing wheat. Courtesy of the Audiovisual
Department of Farmland Industries, Inc. Center: Crops from the Andes
mountains in Peru which are believed to be ·the wild predecessors to the
hybrid corn and potatoes we eat today. Photo by George B. Carver, '80.
Right: North Dakota sunflowers. Photo by Mike Paulson.
Focus on the Americas
An assessment of the grain markets by
Thunderbird alumni and other sources.
Special Report
New York based group trains Mexico's
A Thunderbird Campus professor sees
German investments on the rise.
Items of interest on campus and in the
Alumni gatherings across the country and
around the world.
Campus speakers
Vistors to campus who have enhanced the
T -Bird experience.
T -Birds volunteer in human resources
Thunderbird Fund '79
Resource Person/Alumni Association
Class notes on T-Birds around the world.
The theme for this issue of the
Thunderbird Magazine is the Americas,
both North and South. It is particularly
fitting because as most of you know,
American Graduate School of International
Management started out 33
years ago as the American Institute of
Foreign Trade and focused exclusively
on Latin America. Since then, we have
expanded to encompass the entire
world, while teaching eight different
languages. In spite of this and after all
these years, Spanish is still the most
popular language. We offer Portugese
and even though it is the language of
only a few countries like Brazil, it still
has a loyal following of student
This past Fall, about 26 percent of
the student body were from foreign
countries. This includes 14 from Brazil,
nine from Venezuela, eight from
Mexico, three from Chile, two each
from Peru, Bolivia and Nicaragua and
one each from Argentina and Colombia.
Because of our 33 years of concentration
on Latin America, we havE
more of our graduates there than in
any other region of the world, except
the United States and Canada. For
instance, there are 142 Thunderbirds
in Brazil, seven of them with Caterpillar
Tractor Company and 106 in
Venezuela, five are with Publicidad
Siboney. Mexico has 129 Thunderbirds,
five with Citibank.
We had over 240 company visits to
the campus this past year recruiting our
graduates and it's amazing how many
of them have major operations in Latin
America. Invariably they are optimistic
about the economic .potential of many
of the countries in that region.
William Voris
The soybean fields of Iowa.
Courtesy of the Audiovisual Department
of Farmland Industries, Inc.
Focus on the Americas
Shifting the alliance to COlnlnodities
by Dawn Wardle-Corley
(Editor's note: We wrote to a number of
Thunderbird alumni contacts in the
Americas, asking their opinions regarding
the cash commodities market. Because we
are limited by space, not all the T-Bird
responses we received can be included. To
ali, we wish to express our sincere thanks
for their assistance.)
This rapidly growing industry
provides investors with a cheap, safe
source for their money in lieu of an
unstable stock market. While a recession
looms ahead, cash commodities,
particularly the grain markets, are a
brightening light amidst an uncertain
economic future.
Consumer demand for better, high
protein diets is continually on the rise.
Many developing nations are actively
seeking grain for their hog and poultry
populations. Buyers are looking primarily
to the United States' industries
as inexpensive suppliers of grain and
grain derivatives.
New grain markets are responding
to needs for low cholesterol, high
protein linoleic oils as alternatives to
wheat and corn. For instance, Canada
has financed the production of rape
seed because of its high (40 percent) oil
content. Another item to watch is
sunflowers. Said George Douglas, '76,
a merchandiser for Continental Grain
Company, "Sunflowers lend themselves
to being grown here. Within the
next five years, sunflowers will be as
important as corn and soybeans." He
added that there is a move afoot to
develop a sunflower futures contract in
Minneapolis, Minnesota. Although
this scheme is still in the thinking
stages, it does indicate confidence in
sunflowers as a considerable money
Tom Brennan, '79, a program
coordinator of marketing development
with American Soybean Association
and Paul Fribourg, merchandiser in
charge of U.S. wheat exports and
Wheat harvest in Kansas. Courtesy of the Audiovisual Department of Farmland Industries, Inc.
An older combine. Courtesy of the
Ross Industries Department of Cargill, Inc.
wheat commodities futures for
Continental Grain Company agree.
"The demand for sunflowers is
increasing because it is more price
competitive," said Brennan. Rapid
development of grain substitutes is just
one trend in the commodities industry.
While U.S. grain companies possess a
vast majority of the world grain
market, South American nations have
emerged as competitors. Both Brazil
and Argentina are becoming aggressive
exporters of soybeans and soybean
Craig Starkey, '60, vice president and
director of economic research for First
Federal Savings and Loan Association
stresses the importance of the Soviet
Union as a buyer of U.s. grain. Yet, one
new development according to Paul
Fribourg is the "emergence of the Far
East as a major buyer of commodities,
in particular, Korea, Japan, Taiwan
and China. This really has been
booming in the past years and probably
will continue to do so." Many
Latin American countries continue to
buy great quantities of grain.
At the same time, Japanese companies
have shown interest in
obtaining the middleman's profits by
going to the source. "Japan has started
investing directly in grain export
facilities in the U.S.," said Fribourg.
For instance, he noted the recent
Mitsui purchase of Cooke Industries
elevators in New Orleans, Louisiana.
Another Japanese company, Zeno, has
announced plans to build a grain
elevator in New Orleans. As a U.S.
co-op, Zeno is just one example of a
trend toward the expansion of a
cooperative system in the U.s.
Still, dominance in all the grain
markets remains with the U.S. "This
year was the first year that U.S.
soybean production was more than
corn or wheat. The value of the crop is
$14 to $15 billion. Of that amount, $7
billion plus will be exported on a
country by country basis mostly to
Japan and Europe. The Soviet Union is
purchasing large quantities of soybean
and soybean meal. India is one of the
largest importers of soybean meal,"
noted Len Brockman, '75, American
Soybean Association's division
manager for Latin America.
Said Paul Fribourg, "The U.S. is the
major corn producing country in the
world and will maintain dominance in
the corn market while Latin America
increases soybean production."
In response to inquiries as to
whether commodities cartels could be
successful, our sources were skeptical.
George Douglas indicated that commodities
must have captive markets in
order to be profitable. Len Brockman
responded, "No, unless it's a product
like petroleum which has a low price
elasticity of demand." Brockman noted
that too many countries grow wheat
for a cartel to be successful. "Only in
years of drought or famine might it
work, because demand is larger than
supply. In years of large surpluses you
can't operate a cartel because it's
cheaper to dump on the market at a
lesser price than to keep in storage."
Commodities cartels might work in
the short run, according to Craig
Starkey, but as time wears on, he said
they would fail.
For different reasons, Paul Fribourg
is doubtful about cartels. He said,
"Even OPEC is having major problems.
In a cartel you've got two ways it
can fall apart. Either people inside will
break it up or those outside will. It
won't last because it isn't an efficient
In contrast to the stock market, some
commodities could do comparatively
well during the upcoming recession.
Len Brockman indicated prices will
first rise as the recession comes on, but
U.s. export prices will drop again later.
Brockman expects a shift away from
foreign imports of feed grains and a
relatively constant demand for high
protein feeds.
Commodity markets will suffer just
as any other market, but Craig Starkey
observes "Basic commodities in
demand will not suffer as much as
marginal commodities."
However, Paul Fribourg was less
optimistic about the effect of recession
on commodities. In the last two weeks
of October, interest rates jumped,
while wheat and corn prices dropped.
He believes this will continue to
happen during a recession because
"It's very expensive to finance
commodities with interest rates above
15 percent." As an example, he noted,
"Poland had a very poor harvest this
year and can't afford to buy grain
unless they get financing from foreign
governments." With interest rates
high, Poland risks a serious debt.
Courtesy of the Port Authority of New York.
As the dollar continues to devalue,
investors are shifting their alignment
from the dollar to precious metals and
the grain markets. "You've got to find
something else to set value to commodities,"
said Fribourg. "This does put the
U.S. in a more competitive position in
terms of price." Similarly, Craig
Starkey noted, "Some commodities
will cost more, depending on what side
of the fence you're on." Imports will
cost more, while exports cost less.
George Douglas calls the scramble
toward the gold market a "fad," but
admits that many people are analyzing
the price of commodities to gold. "The
price of soybeans in relation to gold
has made our commodities cheap. It's
done nothing but bring people into the
commodities market," he indicated. In
accordance, Len Brockman observed,
"Two days ago (Oct. 31) an ounce of
gold at $378 could buy 21 barrels of
Saudi Arabian light crude and that
ounce of gold can buy 57 vessels of
soybeans. This compares to 19 barrels
of light crude and 30 vessels of
soybeans at the price of $243 per ounce
a year ago."
The grain industry is one of the
fastest growing markets in the U.S.
today. In terms of world trade, it is
clearly at the top. An expanding
international industry means more
jobs for T -Birds and, in light of the
numerous visits to Thunderbird by
recruiters last Fall, this is proving true.
During Fall of 1979, six major U.S.
grain corporations sent job recruiters
to the Thunderbird Campus, showing
their confidence in the quality of our
graduates. By comparison, during the
Fall of 1978, three grain corporations
sent recruiters to the school.
Continued success of the grain
markets is up to the men and women
in international management of this
industry, to serve as the competant
guides and knowledgeable economists
who work toward stability in uncertain
times ... individuals like our
A grain elevator in Kansas. Courtesy of the Ross Industries Department of Cargill, Inc.
~~Centre de Mexico" trains managers
for tomorrow's growth
(Editor's note: American Graduate
School of International Management is
affiliated with the American Management
Association. We believe the following
article, which was forwarded to us from the
New York office of the AMA is in keeping
with this issue's Americas theme.)
by Randi Steinberg
As little as three years ago, Mexico
was barely weathering a severe
economic depression coupled with a
devastating 80 percent devaluation of
the peso. Perhaps Mexico has to hit
rock bottom before reaching for the
new highs experts now predict the
country will attain. In fact, Mexico is
now on a growth path that may
parallel Japan's post World War II
industrial explosion.
This optimistic outlook on Mexico's
future was, of course, triggered by
substantial new oil and natural gas
finds. These discoveries raised the
country's proven reserves from six
billion barrels to 40 billion barrels. In
addition, Mexico's potential reserves
are an overwhelming 200 billion
barrels, which puts the country in the
same oil league as Saudi Arabia.
However, Mexico is not interested in
becoming another Saudi Arabia.
Despite pressure frpm an insatiable oil
and gas consuming United States,
President Jose Lopez Portillo is not
tempted by a financial bandaid
solution to the country's serious
economic troubles. Mexico will export
enough oil to buy what they needfood
and equipment. In short, they will
buy whatever is necessary to finance
development of their industrial and
human resources, thus deploying their
manpower and natural resources to
developing industries, particularly
steel, machinery, electric motors and
the already strong tourist and hotel
All this activity is creating new jobs,
some 460,000 last year and 700,000
projected this year. Mexico hopes to
have created 12.6 million jobs by 1990.
With rapid growth of any kind, gaps
in resources necessary for expansion
are bound to occur and not sur-prisingly,
Mexico has pressing needs
for talented managers to guide growth
plans to fruition.
Although men and women running
Mexican companies are for the most
part, university educated, they were
not all trained in the techniques of
good management. Rather, they hold
degrees in engineering, the sciences
and law.
Since 1966, American Management
Association/International has been
serving the managerial training needs
of Mexico's business sector through its
"Management Centre de Mexico,
A. C. " Located in Mexico City, the
Centre has tripled in size since 1977.
Using Management Centre de Mexico
as a base, AMA/International also runs
a number of meetings in Central
America, Colombia and Ecuador.
The Centre holds public seminars on
a wide range of managerial topics
reflecting the disciplines of finance,
manufacturing, general management,
insurance, marketing, systems,
research and development and human
resources management. These
seminars are designed to help the full
range of managers from first-line
supervisors to chief executive officers.
Other services of the Centre include incompany
training, the Management
Course for Presidents, Assessmant
Centers, the Team Planning Process
and multi-media training aids.
The Centre runs 30 to 35 meetings
each month in various locations.
General Manager Raul Penalosa reports
an increased interest in technical
areas such as plant management,
reflecting, no doubt, the priorities
Mexico has placed on industrialization.
Although intent on establishing selfsufficiency,
this growth boom in
Mexico has created some lucrative new
markets for American companies. To
prepare U. S. companies for mutually
advantageous trade with Mexico,
AMA/International periodically
schedules a meeting entitled, " Mexico
Update." The next session will be held
at AMA headquarters in New York
City on February 13 and 14.
According to AMA course leader
Robert Radway, an international
attorney and consultant, the greatest
export opportunities lie in the area of
capital goods. Radway explains the
economics behind Mexico's preferential
import treatment of capital
goods. With the country's foreign
exchange earnings at an all time high
because of oil exports, Mexico risks
inflation by exchanging earnings into
their currency. Instead, they will use
this" oil money" to purchase the
capital goods Mexico needs for
industrial growth.
Through the New Industrial
Incentive Program, Mexico is dealing
with another problem, overcrowding
of their cities. By offering incentives,
this program encourages companies to
build their facilities in less concentrated
areas. Normally, firms build
where the lines of communication lie.
So, the Mexican government is
identifying those regions which are
near the distribution network for gas.
These companies may also earn
additional credits for providing new
John Frevalds, vice president of
marketing in the consulting firm,
Experienced, Inc., has just returned
from a visit to Mexico. He believes that
there are excellent export opportunities
in the area of agricultural
equipment. Mexico plans a 23 percent
increase in food production over the
next three years and this will take a
sizable investment to accomplish. The
spending has already begun with a
Mexican purchase of 5,000 tractors
from the U. S. last year. Apparently
agriculture is also a very big priority in
Mexico's plan of plans.
Some additional areas that the
"Mexico Update" meeting will explore
include: joint ventures with Mexican
partners, Mexican capital spending
forecasts, law and tax structure, how to
comply with the Mexican government
and how the U.S. financial community
views Mexico's growth plans.
American Management Association/
International, with centers in
the U.S., Canada, Europe, Mexico and
South America, provides for an
unusual interchange of managers
contributing to a unique teaching and
learning experience.
Germany's corporations -
expanding international investments
by Helmut Roessler
(Editor's note: Helmut Roessler is an
associate professor of German Language at
the Thunderbi rd CampusJ
During the years of 1977 and 1978,
the annual growth rate of German
capital investments in the United
States rose a phenomenal 30 percent.
Currently there are 1065 German
subsidiaries in the U.S., with many
more seeking opportunities in this
country. The names of these businesses
operating in the U.S. read like a Who's
Who in German business. For instance,
there are Bayer, Demag, Farbwerke,
Hoechst, Kloeckner, Linde, Siemans,
Thyssen, Veba and Volkswagen, to
name a few.
Over 114 of these companies established
operations in the U.S. in 1978
alone, preferring to settle in New York,
New Jersey, Illinois and California.
Their direct investment by the end of
1978 totaled Deutsche Mark (DM)
8.591 billion, or approximately $4.909
In conjunction with German investment
trends, Volkswagen has decided
to expand worldwide by about DM 5.4
billion, of which a large percentage
will be used to enlarge existing facilities
in the U.s. and Mexico. The
planned expansion will be the largest
in the history of the corporation. By
1982, the company hopes to increase
its daily production from the present
840 cars to 1020. Volkswagen representatives
are considering building a
second production facility in the U.S.
at a cost of DM 600 million.
Even more eye opening is the Hugo
Mann purchase of 68 percent of the
Fed-Mart Corporation. News sources
indicated that the Tengelman Group
spent $77 million for a portion of the
Great Atlantic & Pacific Tea Company.
The purchase amounts to about 40
percent of the tea company's stock.
Recently, Bayer Corporation purchased
Miles Laboratories. The Flick
Group owns 28 percent of W. C. Grace.
Amerika Handel magazine reports
that the Boehringer Ingelheim company
has constructed buildings in
Connecticut which have cost an
estimated $20 million.
According to recent findings
published by the German American
Chamber of Commerce (GACC), the
1978 total of DM 8.591 billion in
German investments breaks down like
Holding Companies
Metal Manufacturers
Mechanical Engineering
Iron and Steel
Real Estate
By contrast, the GACC states that
American corporations invested in the
Federal Republic of Germany the
cumulative amount of DM 19.923
billion, or $11.384 billion directly. A
breakdown of these investments
appears below.
Electrical Engineering
Mechanical Engineering
Holding Companies
Food Industry
Rubber and Asbestos
The results of a HWW A Institute
survey published in Die Zietsuggest
that German companies establish
foreign subsidiaries often because they
fear losing foreign markets unless they
are physically present. Others did so to
avoid certain trade restrictions. An
estimated five percent of the German
corporations surveyed disclosed that
they established foreign subsidiaries
because wage structures were an
advantage in those countries.
In particular, German companies
seek out investments in the U.S. because
of easier credit, access to raw
materials, technology, an available
work force, smaller annual rise in
wages, a larger market, advantageous
exchange rates and non-existing codetermination
The August 1979 issue of Capital
indicates that the u.s. is preferred for
direct investment by noting that the
U.S. has been the recipient of DM 6.7
billion, while the next closest recipient
is Luxemburg/Belguim, which possesses
a total of DM 5.2 billion in
German acquisitions.
German corporations first invested
in the U.S. early in the 20th century,
but with the onslaught of the First, and
then the Second World War, many
companies had to be sold. It wasn't
until the 1960's that German capital
even began to work its way back into
the U.S.
Until 1970, most of these companies
invested primarily in Europe. However,
according to Die Ziet, direct
investments by German companies
moved to North America at an annual
rate of ten percent between the years
1970 and 1977.
The GACC reports that these
companies now employ over 200,000
Americans. A recent survey by the
German Department of the American
Graduate School of International
Management in cooperation with the
GACC reports that an estimated 1500
management positions will open up in
these companies for the year 1979
through 1980~ Notably, results from
the survey stressed the need for
language skills amongst management
and often a higher salary accompanied
that skill.
Since the greatest number of German
firms have established themselves in
the U.S. in the past four years, the impact
on the American economy has not
yet been completely felt. Most of these
companies are enduring a period of
adjustment and have not yet reached
their full working capacity. As a result,
U.S. businessmen will find many
opportunities for employment in
addition to the possibility of business
transactions and a challenging new
corporate environment.
Sheik Ahmed Zaki Yamani addresses the
fa culty, staff and student body of the
Thunderbird Campus.
Sheik Yamani receives
honorary degree
Sheik Ahmed Zaki Yamani, Minister
of Petroleum and Mineral Resources of
Saudi Arabia, received an honorary
Doctor of International Law Degree
from the faculty and board of trustees
of the American Graduate School of
International Management (AGSIM)
last October 22.
Yamani was awarded the degree in a
ceremony held before the staff, faculty
and student body of AGSIM.
AGSIM President William Voris said
the degree was given as a special recognition
by the Thunderbird Campus
board of trustees and faculty.
"The United States and the Kingdom
of Saudi Arabia have a long history of
mutual respect," Voris said.
Voris noted the "objective, intelligent
stand on the pricing of oil and its
derivatives," by Sheik Yamani.
Yamani was educated in the U.s. and
was appointed Minister of Petroleum
and Mineral Resources in 1962. He has
served in that role ever since.
"It is a great honor for me and my
people to be awarded this degree," said
Referring to the economic problems
of Saudi Arabia, Yamani said, "Even
with the huge reserves of oil, Saudi
Arabia is a poor country." The criteria
for being wealthy is not whether a
country is rich in energy resources,
rather it is whether a country possesses
human resources, according to
The goal of his country is to
strengthen the human resources,
"We're trying to build schools in that
country, which will help us again to
contribute to mankind."
Progress in Saudi Arabia will require
further changes in the industrial
capacity, but even more so in the way
of life, Yamani noted.
He indicated that the Thunderbird
Campus is providing Saudi Arabia
with much needed managers.
Said Yamani, "This school is for the
interest of the free world, and we,
Saudi Arabia, are a part of that free
Shirley Wu given
Memorial Scholarship
The Doris Thompson Paine Memorial
Scholarship was awarded to
Shirley Wu for the Fall 1979 semester.
She received a grant for $300.
Miss Wu, 23, is a native of Hong
Kong. She holds a Bachelor of Business
Administration degree in marketing
and management from the University
of Hawaii and is fluent in English,
Mandarin and Cantonese. She is currently
maintaining a 4.0 grade point
The Doris Thompson Paine Scholarship
Fund totals $10,000 and tentative
plans have been made to offer a $300
scholarship for each Spring and Fall
semester and $200 in the Summer.
Mrs. Paine passed away last Spring.
She was the founding president of the
Friends of Thunderbird and was
responsible for organizing the first
Thunderbird Invitational Balloon
Race. Her sincere desire to enhance the
Thunderbird experience will long be
Left to Right: Dr. William Voris, president of
American Graduate School of International
Management; Mr. John F. McGillicuddy, chair
man of the board, president and ch ief executive
officer of Manufacturers Hanover Corporation
and Manfucturers Hanover Trust Company; and
Mr. G. Clarke Bean, chairman of the board of
American Graduate School and chairman of the
executive committee of The Arizona Bank.
IIInternational Executive"
award given
The "International Executive of the
Year" award was bestowed on John F.
McGillicuddy, head of Manufacturers
Hanover Trust Company, at the
American Graduate School's fourth
annual board of trustees banquet last
The banquet, a black-tie affair held at
the Phoenix Country Club, was attended
by about 200 Phoenix civic and
business leaders.
AGSIM gives the International
Executive of the Year award annually
in honor of a company executive. The
award is in recognition of their efforts
to foster international understanding
through constructive and mutually
beneficial business management.
McGillicuddy, who is president,
chairman and chief executive officer of
Manufacturers Hanover, the nations
fourth largest bank, said he should also
be given the "optimist of the year
award" because he is confident that the
United States will solve its economic
Supporting the Federal Reserve
Board's action to bring about higher
interest rates, McGillicuddy said it was
a courageous move, necessary in the
fight against inflation.
He indicated" . . . the emphasis will
shift to world trade - an international
imperative for growth and stability.
Economic interdependence is a tradeoff."
International economy and finance
will take the place of war in the future,
according to McGillicuddy.
Richard Bossert, chairman of the
Department of World Business and
Professor Duane Hall, executive
director of INTERCOM, were treated
to a charming get together with 12
Bangkok T -Birds last August 12.
Cliff Bevens, '50, and Jim Rooney,
'67, were responsible for coordinating
the cocktail and buffet party at the
Saam International Hotel.
About 35 T -Birds gathered in
Singapore, the Green Garden City, at
the home of James Echle, '72, to greet
Duane Hall, who was in the Far East
visiting alumni. A cocktail and buffet
made for an enjoyable and memorable
The lovely Hanezawa Garden
Restaurant was the site for the August
28 meeting of Tokyo Thunderbirds.
About 30 alumni gathered at the
outdoor restaurant plaza for cocktails
and a sumptuous dinner.
David Hayman, '74, the president of
the Tokyo alumni group and Nobukazu
Yamaguchi, '73, planned this
delightful evening.
Professor Duane Hall will always
remember the Tokyo T -Bird hospitality.
New York
A gathering in the Presidential Suite
of the Summit Hotel in New York City
was attended by 150 T-Birds in the
New York area last October 23.
Alumni enjoyed cocktails and hot
hor d'oeuvres while listening to brief
talks given by Berger "Mr. Thunderbird"
Erickson, vice president at the
Thunderbird Campus and Dr. Robert
Horn, director of development and
public affairs.
Erickson discussed the state of the
institution and Horn gave a progress
report on the Phonathon effort.
Richard St. Amant, '75, planned the
Interest has been expressed in
organizing a more structured New
York group.
New England
The Thunderbird Club of New
England met for its inaugural meeting
Saturday, Oct. 27, for cocktails at the
Harvard Club in Boston,
Approximately 50 guests were
present to hear short talks from
American Graduate School of
International Management Vice
President Berger "Mr. Thunderbird"
Erickson and Dr. Robert Horn, director
of development and public affairs.
The organizing committee of Steven
Hall, '69, John Wicker, '74, and Eric
Bjerke, '74, were pleased with the
turnout and the amount of interest in
the further growth of the New England
Once again proving the axiom,
"better late than never," Alan Goode,
'75, arrived just in time to enter his
name in the drawing for the Thunderbird
ring. While Goode won the men's
ring, Suzanne Remar, '79, won the
woman's ring.
Future plans for the New England
group include lunch at noon at
Hoolihans in Boston's Quincy market
on Friday, Nov. 30, and also, a cocktail
and general meeting in late January.
The New England club welcomes
everyone in participating or helping
out the club and encourages T -Birds to
pass the word about the 22-member
New England group to alumni in the
area or those traveling their way.
For details, contact Steven Hall (617)
326-3443, John Wicker (617) 868-6200
or Eric Bjerke (617) 364-2000.
Puerto Rico
T -Birds enjoyed a get-together at
John Tomlinson's, '58, Sanjuan,
Puerto Rico penthouse last September
Gloria P. Shuman, '55, reports that
about 50 people were in attendence.
Said Shuman, "It was a very good
way for us to get together."
Hong Kong
At the Hong Kong American Club
last August, 17 Thunderbirds met for a
buffet and cocktail hour.
Bill Ling, '73, hosted the fun meeting
with Professor Duane Hall attending
this party.
Voris confident in
Thunderbird's strength
and prestige
President William Voris delivered
his "State of the Institution" speech to
the Thunderbird Campus student body
last September, indicating his confidence
in the strength and prestige of
the school.
The American Graduate School "is
at the absolute peak of its prestige,
reputation and its financial condition
in the eight years I've been here," Voris
He indicated that the school does not
intend to enlarge its enrollment and
said no more than 925 full time equivalent
students will be accepted for
enrollment per year in the next five
Plans are under way for construc-lQue
Pasa?, continued
For some Thunderbirds, a grueling
test of endurance spanning a rugged
country and mountain trail of 36 miles
has become an annual reunion. The
race is called the annual "Ride & Tie"
and begins as one person mounts a
horse and rides. His teammate runs.
The partners exchange riding and
running until hours later, exhausted,
they make it over the finish line.
The marathon is held in the Deschutes
National Forest near Sunriver,
Oregon, with over 100 teams participating
for cash prizes.
Richard Decker, '76, a vice president
of United California Bank, Emmett
Ross, '70, co-founder of Fortrunners, a
chain of athletic stores and Dick, '70,
and Shelia Harding were members of a
"Ride & Tie" team that hoped to finish
in the top ten this year. Unfortunately,
because of some problems with their
horse, the team finished back in the
We wish you luck again next year!
tion of a new classroom building in
what is now the field beyond the Talley
building, according to Voris. The
building should be completed by Fall
of 1980.
The school is considering the possibility
of constructing an apartment
complex for students near the Thunderbird
Campus, and the refurbishing
of the old dorms, Voris said.
The $6 million school budget is
based on tuition, fees, board and room,
Voris noted. However, the school is
"pushing hard for corporation and
foundation support. Last year it totaled
just over $500,000," he said.
A new computer system will be
installed in the library and in the
computer center early in 1980, according
to Voris. He stated, "We will have
new equipment with at least five
terminals with all the capability we
need for instructional purposes."
Inter-American Bank
promotes trade relations
Calvin de Pass, operations officer for
the Inter-American Development
Bank, spoke to about 200 Thunderbird
Campus students last October regarding
United States - Latin American
trade relations and the role of the
Inter-American Development Bank.
The Inter-American Development
Bank is designed to facilitate trade
relations between the U.s. and Latin
America, according to de Pass. "The
Inter-American Development Bank is a
public institution to promote the
economic and social development of
Latin America," he said.
De Pass is responsible for preparing
loan and technical cooperation
proposals and for administering
operations financed with the Bank's
Since the 1960's, Canada, the
Carribbean Islands, Guyana and the
Bahamas have become members of the
institution. Beginning in 1976, the
bank opened membership to countries
out of the region and Japan and some
European countries joined.
"The institution acts as a source of
direct public investment," said de Pass.
"For 1978 through 1982, 50 percent of
the investments will go to aiding the
lower income sector."
De Pass, who assists in determining
project funding, said 54 percent of the
votes within the institution are held by
Latin American nations.
" . .. Castro will be the spokesman for the
nonaligned," said Arizona Republic Senior
Editor Frederick Marqua rdt. Photo by Enrique
Marquardt notes change in
non-aligned movement
Frederick Marquardt, senior editor
of the Arizona Republic, spoke to
about 150 Thunderbird Campus
students this past September on "Cuba
under Castro."
As a member of the press, Marquardt
attended the conference of non-aligned
nations held in Havana, Cuba, last
"The so-called non-aligned movement
will never be what it was,"
Marquardt said. "For the next three
years, Castro will be the spokesman for
the non-aligned."
After commending impressive
progress in the areas of medicine and
education, Marquardt criticized Cuban
authorities for keeping the press
separated from non-aligned nations
delegates during the conference.
However, he was pleased that the
foreign correspondents were granted
unlimited opportunities to speak to
Cuban citizens.
T -Birds volunteer professional services
by Victoria Baird, '67, and
Theodore Troy, '57
Remember those extra curricular
activities you used to get involved in?
The ones that broadened your perspective
and kept you in tune with the
Well, for most successful businessmen
and women, the pace keeps up
throughout their careers. And for over
35 Thunderbirds in New York, along
with about 800 graduates from other
business schools, a focus of their
outside interest is the Volunteer Urban
Consulting Group (VUCG).
The VUCG is a nonprofit organization
founded just ten years ago by the
Harvard Business School Club of New
York. The organization mobilizes
individuals from the private sector to
help solve business problems for
minority-owned businesses and nonprofit
Because of its role with minority
business, the VUCG is funded in part
by the United States Department of
Commerce. It also receives grants from
a number of major foundations and
corporations. This pays for VUCG
offices in New York City and a small,
but full-time staff of five program
directors. One of these directors is
Dennis Ferguson, '73.
Ferguson, who began working for
Manufacturers Hanover Trust Company
just a few months after graduation,
took two years leave of absence to
work for VUCG and found he liked it
so much that he is now officially on the
staff at VUCG.
Ferguson works with minority businesses
and nonprofit organizations by
screening their requests for assistance
and identifying the skills needed to
solve their management problems.
Once that is accomplished, he sets out
to "recruit" a qualified team of
VUCG volunteer consultants.
The next step is bringing together
Ferguson's team with the client. When
this occurs, Ferguson makes sure the
team he has assembled and the client
Sitting from left to right: Carol V. Coleman, 73, B. Theodore Troy, '57, James D. Pobanz, 70.
Standing from left to right: Mangeshwar S. Mathur, Dec. 70 Dennis Ferguson, 73,
Paolo E. Colombi, 75, Steven E. Vest, '67.
are" speaking the same language." It is
then up to the consultants to decide
who will do what and to work with the
client in the manner which seems most
appropriate from their skilled viewpoints.
The Thunderbird alumni registered
with VUCG for this pro bono" consulting
range from a member of the
first graduating class, Emily Adacusky,
, 47, to recent graduates. The types of
projects they have worked on are quite
broad and some examples follow.
Steven Vest, '67, is a consultant in
international equity markets. The
VUCG projects he has worked on
include Chinea & Associates, a startup"
employment agency specializing
in the placement of Hispanic professionals,
and the Metropolitan Music
School, a nonprofit organization. He
has been invited to be a member of the
Girls's Club of New York's Board of
Vest has particularly liked the op-
"free of charge
"the creation of a business
portunity to deal with people of very
different financial, psychological and
sociological backgrounds through
VUCG projects. He also feels that this
is a way for him to "give something
back to the community."
In addition to his position as account
executive to the Export Credit Corporation,
Jim Tubridy, '76, has worked on
two VUCG projects and is looking
forward to others.
Tubridy said one of the satisfying
aspects of his job with the VUCG is the
fact that the recipients have been so
grateful for the advise they've received.
"It's always nice to do something for
someone when you know they appreciate
it and get some value out of it."
Carol Coleman, '73, is quite occupied
with her new position in international
banking with the American Express
Company. Coleman has also worked
on VUCG projects. In particular, the
Breezy Morning Herb Company, a
minority-owned spice and tea wholesale
operation gave her a chance lito
work on cash flow projections for a
real company, in a real situation - a
far different and more meaningful
exercise than the classroom could ever
George Wolfson, '72 is manager of
marketing planning at All Trans
International, and is serving on the
advisory committee to the R. Stephen
Martin Trading Company. He is being
assisted by Robert Eichfeld, '67, who is
vice president at Citibank.
Wolfson recognizes that after many
years in business, he is able to share his
general as well as specialized skill with
VUCG clients. In addition to the
personal satisfaction he obtains from
this kind of work, Wolfson feels that as
a consultant, one also learns and is able
to "see the overview" again. "Many
times, in helping new companies, it
can actually help you to see the other
side of your business problems," he
Gary Lumsden, '73, recently joined
the Este Lauder international marketing
staff after working as project manager
for Ajax at Colgate-Palmolive.
The VUCG projects he assisted with
gave him the opportunity to apply his
marketing skills without the benefit of
a "Colgate-sized budget." Lumsden
helped develop a packaging concept
for Breezy Morning Herbs and also
worked on a market penetration plan
for Embassy Tea. Both companies are
minority owned.
All this work for the VUCG might
seem far removed from the international
trade scene in which these
and many other T -Bird graduates are
developing their careers. However,
general business experience as well as
communication skills acquired abroad
and in domestic work situations is
needed at VUCG. "In fact," says
Dennis Ferguson, "we've found the
Thunderbird graduates often relate
better to our clients than graduates
from some other business schools.
They seem to take a more down-toearth
approach that is more easily
understood by these minority and
nonprofit businesses."
The path toward progress
Thunderbird Fund ~79
In the letter I sent to alumni during
the Annual Thunderbird Fund Drive,
two questions were posed. First, "What
can you expect of AGSIM?" You may
expect the continued best effort of
Thunderbird to prepare management
talent for today's multinational world
of business. By keeping our reputation
at a high level, the value of your
diploma is enhanced. You benefit,
though you're no longer on campus.
The second question was, " What can
we expect from you?" We asked for a
meaningful commitment to which a
great many alumni responded. Many
of you received phone calls as part of
the Annual Phonothon effort, and
were asked to support the operating
and capital needs of the Thunderbird
The Annual Phonothon was
organized and supervised by Jane
From left to right: Roberta Jacobs, '80, Robert
Horn, and Jane Nagy, 7 9, reviewing statistics
sheets for the Thunderbird Fund 7 9.
Nagy, '79, and Roberta Jacobs, '80. For
six weeks, four nights per week,
groups of ten students called as many
alumni as possible from the East to the
West Coasts. Four thousand alumni
were contacted by phone and 1,990 TBirds
have sent or pledged contributions
totaling almost $110,000.
In November, Thunderbirds
overseas were contacted by a special
aerogram; at this writing, we have not
yet tabulated their response.
We expect the final results for the
1979 Annual Thunderbird Fund Drive
to be about $120,000.
Because of your support, the
$100,000 Kresge Foundation challenge
grant, for the construction of a 22-room
classroom building, is within reach.
I would like to acknowledge each
contribution, however, limited space
prevents this. Listed below are those
who have made especially generous
contributions, to whom we owe our
warmest "thanks."
Participation by Thunderbirds
toward the further success of the
school is genuinely appreciated.
Robert Horn
Director of Development and Publ ic Affairs
Robert F. Begani Lowell K. Marcus
Lucile M. Myre
Gerald F. Montague
A. Jordan Paine
William O. Pennel Jr.
Sheldon G. Pooley
Curgie W. Pratt
Patron ($25,000-)
Mrs. John W. Kieckhefer
International Associates
($1,000- $4,999)
Mr. Edward V. O'Malley
Mr. Julian M. Sobin
Dr. William Voris
Counselor's Club
G. O. Barraclough
Founder's Club ($133-$499)
John P. Ashton II
Gailian D. Bagley Jr.
Edward M. Baltrusaitis
Glenn A. Beck
Dr. Robert F. Bobo
William L. Brown Jr.
Darrel E. Carver
Harry A. Cockrell
Roger L. P. Coombs
Peter R. Cozzetto
Max J. Dickman
William D. Hacker
John E. Hamilton
Susan M. Harris
Mr. Sherman Hazeltine
William E. Henley
Alfred C. Herrmann
Paul L. Hertenstein
Lillian D. Hogenboom
G. Dean Johnson
Ralph R. Kelly
Toby R. Madison
Dr. Marvin S. Priske
William I. Reed, Jr.
James H. Riddle
Jonathon B. Runyon
John R. Ryan
John K. Seward
Tze-John Tung
Jerrold P. Turner Jr.
J. Jorge Verduzco
Timothy C. Walker
Donald W. Walter
Allan P. Welch
Resource Person/
Alumni Association
If you are visiting, job-hunting, moving or new
to their area, the T-Birds marked " RP" will help
you, If you'd like information about alumni
meetings and activities in their area, the T -Birds
marked " AA" will advise you of times and
places, Let me know if you'd like to add your
name to this distinguished list of AGSIM alumni
who are proudly serving their School and other
distinguished alumni world-wide,
Noble Blackshear (AA)
c/o Anzona Bank
101 North Frrst Avenue
PhoeniX, AZ 85303
Tel: (602) 262-2000
Ken Nelson (RP, AA)
6720 North 18th Place
PhoeniX, AZ 8501 6
Tel: (602) 265-2033
Larry O'Bnen (RP)
7228 S. 43rd Way
PhoeniX, AZ 85040
Barbara Stewart (AA)
4447 West Solano Drive
Glendale, AZ 85301
Tel: (602) 939-9585
Craig A. Starkey (RP, AA)
Box 1122
Rancho Sante Fe, CA 92067
Tel: (714) 756-2692
S. Robert August (RP)
Director of Marketing
The Ranch
11853 Pecos Street
Denver, CO 80234
Tel: (303) 469-3377
John Cullinan (AA)
c/o Valley Lab
5920 Longbow
Boulder, CO 80301
Tel: (303) 530-2300
Llnlon Kingsbury (RP)
CALIFORNIA (Northern) Klnsgbury 8. ASSOCiates
300 Garden of the Gods Rd.
Bruce Eberly (AA) SUite 208
448 Studio Circle, #3
San Mateo, CA 94401
Tel: (415) 981-6700 (0)
LOUise Ure (RP)
120 Green Street
San FranCISco, CA 94111
Roland J. Willits (AA)
4544 Via Madnd
Union City, CA 94578
Tel: (415) 471-6005
Roland Garcia (RP)
4325 West Shaw, #B
Fresno, CA 93711
Tel: (209) 442-8100
CALIFORNIA (Southern)
Jim Dale (AA)
c/o Villa Nova
3131 West Pacific Coast Hwy.
Newport Beach, CA 92660
Jeff Ruby (AA)
1342 South Tierra Siesta
Walnut, CA 91789
Tel: (213) 330-0666 (0)
W. Lawrence Schaeffer (RP, AA)
770 West Impenal Ave., Apt 30
EI Segundo, CA 90245
Tel: (213) 322-0935
Michael A. Theime (RP, AA)
Mltsu B,sh, Bank of California
800 Wilshire Boulevard
Los Angeles, CA 90017
Tel: (213) 621 -1211
(San Diego)
Ron Thomson (RP)
14805 Pnscilia SI.
San Diego, CA 92129
Tel: (714) 744-3011 (0)
Colorado Springs, CO 80907
Tel: (303) 599-9696
Timothy C. Walker (RP)
P.O. Box 54
Colorado City, CO 81019
Tel: (303) 676-3353 (O)
Ed Dombroski (RP)
Capital Ventures Inl'l
5151 Adason SI.
Orlando, FL 32804
Mark Faller (RP)
534 Orange Dnve, #27
Altamonte Spnngs, FL 32701
Tel: (305) 331-0929 (H)
Bruce Harris (RP)
2514 South Fairway Dnve
Melbourne, FL 32901
Tel: (305) 727-4000 (0)
Robert Michaud (RP)
2204 Colonial Dnve
Melbourne Beach, FL 32901
Annalee Hixson (RP)
2550 Akers Mill Road, #C20
Atlanta, GA 30339
Arthur Lucas (RP, AA)
Lucas ASSOCiates, Inc.
3379 Peachtree Road NE
SUite 350
Atlanta, GA 30326
Tel: (404) 266-2772 (0)
Rodney Taylor (RP, AA)
A. T. Kearney, Inc.
Management Consultants
223 Penmeter Center Pkwy., N.E.
Atlanta, GA 30346
Tel: (404) 393-9900 (0)
Harry Fanning (RP, AA)
44-208 Malae Place
Kaneohe, HI 96744
Tel: (808) 254-1221
Bob Johnson (RP)
R.E. Johnson Inti. Assoc.
1795 Taft Avenue
Roll1n9 Meadows, IL 60008
Tel: (312) 358-6464
Paula Messer (RP)
611 Breakers Point
Schaumburg, IL 60294
Randy Miller (AA)
3150 North Shendan, # 1 3D
Chicago, IL 60657
Tel: (312) 327-1153
Judy Purze (RP)
1560 North Sandburg, ApI. 2206
Chicago, IL 60610
Myron (Mike) Schmidt (RP)
Clticorp Leasing
SUite 346
2250 East Devon
Des Plaines, IL 60018
Tel: (312) 296-2070
Jesse Wilson (AA)
c/o Thomas H. Miner 8. Assoc.
135 South LaSalle Streel
Chicago, IL 60657
Tel : (312) 236-8745
Robin Hess (RP)
242 Monterey Avenue
Terre Haute, IN 47806
Tel: (812) 234-3376
Michael Ribolla (AA)
3220 East Jackson Boulevard
Elkhart, IN 46514
Tel: (219) 294-2967
George Hiller (RP)
77 t 2 Tomahawk Road
Praine Village, KS 66208
Keith Cromley (RP, AA)
1217 Royal
New Orleans, LA 70116
Tel: (504) 524-9834
Robert Hesson (RP, AA)
MISSISSIPPI Marketing Council
Manager, International Trade Div.
SUite 324, Internallonal Trade Mart
2 Canal Street
New Orleans, LA 70130
Tel: (504) 524-7114
K.A. (Casey) Cummings (RP)
9108 Deviation Road
Baltimore, MD 21236
Bruce Wallace (RP)
Box 155, RFD #1
Hydes, MD 21082
Tel: (301) 592-2811
Jay Donovan (RP)
12 Jones Ave.
Wilmington, MA 01887
Phillippe Deymes (RP, AA)
Morgan Manor
#50A Starwood Dnve
Lenox, MA 01240
Tel: (413) 637 -2811
Leonard J. Kistner (RP, AA)
Gen. Adm. Manager
Clark International Mktg., SA
Buchanan, MI 49107
Tel: (606) 966-4580 (0)
Diana Methven (RP, AA)
1825 Yosemite, ApI. 9
B~mlngham , MI 48008
Mary McMunn (RP, AA)
1671 Juliet Avenue, South
SI. PaUl, MN 55105
Tel: (612) 888-7223
Belmont Haydel, Jr. (RP, AA)
P.O. Box 6400
LawrenceVille, NJ 08648
Gerald Kangas (RP)
c/o Cillbank, NA
IBG Dlv. 1, Tube 57
399 Park Avenue
New York, NY 10022
Kathleen M. Kidder (RP)
226 E. 70th Street, Apt. 4·E
New York, NY 10021
Peter Martin (RP)
82 Alfred Road East
Merrick, NY 11566
William Neumann (RP)
169 Charlton Avenue
South Orange, NJ 070/9
Peter Nicholson (RP)
15 Jones Street, Apt I -A
New York, NY 10011
Tel: (212) 675-1056
Sherman J. Olson (RP,AA)
37 Dodie Drive
Parsippany, NJ 07054
Tel: (212) 964-4990
Carlos Orchard (RP)
NOSAMCO Services, Inc.
60 East 42nd Street
Lincoln BUilding
New York, NY 10036
Tel: (212) 697-6485
Richard Saint-Amant (AA)
Inl'l Banking Officer
c/o United California Bank Inl'l
630 Fifth Avenue
New York, NY 10020
Tel: (212) 977-2421
James A. Thompson (RP, AA)
21 Bnant Avenue
MOrriS Plains, NJ 07950
Gary L. Woods (AA)
500 East 77th SI., ApI. 1009
New York, NY 10021
Robert Ballinger (RP)
Assl. Professor BUSiness Div.
Siena College
Albany, NY 12211
Tel: (518) 783-2300
R. Wayne Walvoord (RP)
PreSident of Inl'l Trade
Management Company, Inc.
14 Franklin SI.
Temple Building
Rochester, NY 14604
Tel: (716) 232-5530
Tom Wong (RP, AA)
c/o The Siosman Corp.
P.O. Box 3019
Asheville, NC 28802
John Blaine (RP)
6710 Somerset Dnve
Brecksville, OH 44141
Harry Cockrell (RP)
c/o Ridge Tool Co.
400 Clark Street
Elyna, OH 44035
Tel: (216) 323-5581
Roy Daugherty (RP)
c/o Cleveland Pneumatic Co.
3781 E. 77th Street
Cleveland, OH 44105
Tel: (216) 341 -1700 (O)
Thomas G. Hackim (RP, AA)
P.O. Box 1035
Toledo, OH 43666
Tel: (419) 247-2938 (0)
Anf Hafiz (RP, AA)
c/o Ridge Tool Co.
400 Clark Street
Ely"a, OH 44035
Te1:(216) 324-3556
Allan Welch (RP)
14914 Lake Avenue
Cleveland, OH 44107
Tel: (216) 228-5194
Maurice B. McCullough (RP)
3418 S.E. Carlton
Portland, OR 97202
Tel: (503) 281 -9904
Belmont Haydel, Jr. (RP, AA)
P.O. Box 6400
Lawrenceville, NJ 00648
Emmanuel NSlen (RP)
7805 Buist Avenue
Philadelphia, PA 19153
Tel: (215) 492-9338
Donald Stanek (RP)
2862 Washington Street
Easton, PA 18042
Tel: (201l859-2151 (0)
James D. Robinson, IV (RP, AA)
Ballew, Reinhardt, 8. ASSOCiates, Inc.
5050 Poplar, SUite 1400
MemphiS, TN 38157
Tel: 454-0393
Richard Ragsdale (RP)
817 Rodney Dnve
NashVille, TN 37205
John D. Walker (RP, AA)
State of Tennessee
Inl'l Marketing DiviSion
1004 Andrew Jackson Building
NashVille, TN 37219
Tel: 1-800-251 -8595
Houston Bnggs (RP)
3519 Bremen
Dallas, TX 75206
Tel: (214) 821-5494
LOUIS Molinar (RP)
c/o Bell Helicopter
1901 Central Dnve
Bedford, TX 76021
Tel: (817) 267·8161
Dave Trolt (RP, AA)
6073 Village Glenn Dllve, #4228
Dallas, TX 75206
Tel: (214) 691 -5857 (H)
(214) 386-2388 (0)
Earl V. Dragics (RP)
10162 Haddington
Houston, TX 77043
Tel: (713) 464-9768
Bruce Blankenship (RP)
Box 5246
Lubbock, TX 79417
Chuck Hazen, Jr. (RP, AA)
17810 184th NE
Woodinville, WA 98072
Tel: (206) 788-3295
Haven Stewart (RP)
4270 Whitman Avenue N.
Seattle, WA 98103
Tom 8. June 'Pearson' Sweelser (RP)
3730 Lake Washington Blvd. S.E.
ApI. #l-D
Bellevue, WA 98006
Steven W. DeLateur (RP, AA)
1111 Army-Navy Dllve, A-308
Arlington, VA 22202
Tel: (703) 521-7646 (H)
(202) 566-8842 (0)
John Votta (RP)
1 Walter Circle
Fredericksburg, VA 22401
Tel: (703) 752-2409
Thomas J. Metcalf (RP)
The Gem Boutique
636 West Washington
Madison, WI 53703
John D. Willyard, II (RP, AA)
312 East Wabash
Waukesha, WI 53186
Bill Vaught (RP)
Nord Mining Exploration, Ltd.
P.O. Box 3676
Windhoek, South West Africa
Robert S. Malott (RP, AA)
Calcusearch, Inc.
Boite Postale (B.P.) # 119
Arzew, Algeria
Robert B. Garrison (RP)
Corrientes 441
1317 Buenos Aires, Argentina
Patricio Seidel (RP)
24 de Mayo, 166
7 Piso
Capital Federal, Argentina
Tel: 743-56010
Emory A. Morris (RP)
26 Underwood Street
Padding ton, N.S.w.
2021 Australia
Dave Wallace (RP, AA)
Lot 8, Lane Cove Road
Ingleside N.S.w. 2101
Tel: 02-992-139
Suzanne J. Black (RP, AA)
Allied Bank International
P.O. Box N-3944
Gunter H. Kohlke (RP)
P.O. Box 741
Manama, Bahrain
Joseph & Arlett Miller (RP)
P.O. Box 25029
Awali, Bahrain
Tel: 1605 (local)
750005 (outside)
John P. Kluever (RP)
c/o IBM de Bolivia S.A.
Casilla 1061
La Paz, Bolivia
Mark Abrams (RP)
Rua Carlos Millan, 22 Apto. 121
Jaidim Paulistano
Sao Paulo, Brazil
Dolph' Johnson (RP)
Rua Barao de Guaratiba 218/303
Gloria ZC-O 1
Rio de Janeiro, 20.000 Brazil
Aloysio Vasconcellos (RP, AA)
Caixa Postal 64022-ZC-07
Leme-Rio de Janeiro, Brazil
Roberto Bumagny (Paula) (RP, AA)
Rua Monte Alegre
1352 Apto. 6, Perdizes
05014, Sao Paulo, Brazil
Anthony B. da Silva (RP)
c/o Ingersoll-Rand S.A.
Centro Empresarial de Sao Paulo
Av. Maria Coelho Aguiar
Jardim Sao Luiz, Sto. Amaro, Brazil
Dennis J. Orio (AA)
Rua Itambe 96, Apto. 151
01239 Sao Paula, Brazil ESP
George E. Grimmett (RP)
Global Profits Ltd.
P.O. Box 1579 Grand Cayman
Cayman Islands
British West Indies
Tel: 9-2210 (60)
Ray M. Bruyere (RP, AA)
c/o Bank of Montreal
129 SI. James Street W.
9th Floor
Montreal, Quebec, Canada
H2Y lL6
Satjiv Chahil (RP, AA)
Hampton # 170B
322 Eglinton Ave. East
Toronto, Ontario M4P 1 L6
Norman Mcintosh (RP)
1375 Prince of Wales Drive, ApI. 1812
Ottawa, Ontario, Canada K2C 3L5
Max Krauss (RP)
c/o Triumph Int'I de Chile Ltd.
Luis Thayer Ojeda 1250
Santiago, Chile
Greg Grinnell (RP)
Security Pacific National Bank
Calle 40 #13-09
Apartado Aereo 92434
Bogota, Colombia
Tel: 2698094-2698134
Gabriel E. Cuellar (RP, AA)
Apartado Aereo 90877
Bogota, Colombia
Napolean & JoAnne (Spatz)
De Var9as (RP, AA)
Carrera 21 #51-38
Luis I. Mejia-Maya (RP)
Calle 17 #4-68, ApI. 1704
Bogota, Colombia
Jim Dahlstrom (RP, AA)
c/o Super Sercicio
Apartado 992
San Jose, Costa Rica
Tel: 22-55-44
James Stanley (RP, AA)
Apartado 5181
San Jose, Costa Rica
Bill Good (RP, AA)
Apartado 1266
San Jose, Costa Rica
Sherry Dolores Greaves (RP)
Alpartado 1411
Santo Domingo, Dominican Republic
George T. DeBakey (RP)
15 Radwan EI T abib
11th Floor
Giza, Egypt
John R. Arnold (RP, AA)
Arnold Enterprises
Box 1111
San Salvador, EI Salvador
Ashok D. Patel (RP)
Manager, Business Development
Middle East and Africa
Continental Can Int'I Corp.
1-3 Williams Street
Windsor 2L4 1 BB
Berkshire, England
Jack Taylor (RP, AA)
Diversey Ltd.
Weston Favell Centre
Northamptonshire NN3-4PD
United Kingdom
Tel: Towcester 50823
Gary T. Wuetig (RP)
International Harvester
Payline Marketing
730 London Road
Hounslow TW3 1 PH
Middlesex, England
Peter Cover (AA)
2 Rue Andre-Pascal
75775 Paris
CEDEX 16, France
Peter Dombrowski (RP)
51153, Rue des Belles Feuilles
75116 Paris, France
Alfred C. Hamburg (RP)
Barmerstr 33
Dusseldorf II, Germany
Manfred "Lo" Locher (RP, AA)
7900 ULM Do
Bessererstr 9
0731, West Germany
Axel Mees (RP)
Fuchsbau 124, Ungererstr 19
8000 Muchen 40
BMW-AG, West Germany
Tel: (089) 3895-5233
Denis Gavanas (RP)
Sanavag Assoc. GP
P.O. Box 1622, Syntagma Square
Athens 126, Greece
Dean Johnson (RP, AA)
Dragatsaniou 7
Voula, Athens, Greece
Tel: 8954323
Ethan Book (RP)
P.O. Box 2070
c/o Bank of America
Guatemala City, Guatemala
Susan Rybar (RP)
P.O. Box 491
Guatemala, Guatemala
Tel: 681602
Allan S. Cheng (RP, AA)
c/o Meyer Mfg. Co. Ltd.
330 Kwan Tong Road
Hong Kong
Bill Tak-Ming Ling (RP, AA)
c/o CCAA International Ltd.
10th Floor, Ka Wah Bank Bldg.
259-265 Des Voeux Rd., C.
Hong Kong
C. Gregg Wadas (RP, AA)
Trade Med ia Ltd.
P.O. Box K-1786
Kowloon Central P.O.
Hong Kong B.C.C.
Y.G. Dwarkanath (RP, AA)
SRI Krishna SPG & WVG Mills
Bangalore 11, India
Daniel J. Goldsmith (RP, AA)
P.T. Prodenta
P.O. Box 41 O/KBY
Jakarta Selatan
Bo Lower (RP, AA)
Marine Midland Bank
P.O. Box 2680/JKY
Jakarta, Indonesia
Ed Auble (RP)
Iran International Insurance Co.
8 Zohreh Street off Roosevelt Avenue
Tehran, Iran
Tel: 624584 (0)
Nersi Sahba (RP, AA)
Karin Khan Zand Blvd.
Behjat Abad Apts.
Block #8 #24-C
Tehran, Iran
Shaul Bakhash (RP, AA)
22 Gordon SI.
Givatayim, Israel
Barton L. Hartzell (RP, AA)
Parco Claris 2
Villa No. 31
Coppola Pinetamare 81030
Castel Voiturno
William T. Walsh (RP)
Via Dei Coronari 222
Roma, 00186, Italy
Michael B. Powell (AA)
c/o Alico Japan
C.P.O. Box 953
Tokyo 100-91, Japan
Tel: 03-212-0411
Terence M. Esmay (RP)
1-1 Nishi-Shimbashi
Tokyo, 105, Japan
Jim Walton (RP, AA)
c/o Koehring Int'I
Nairobi, Kenya
Jung-Bae Kim (RP)
Asia Cement Mfg. Co. Ltd.
7th Floor Dae Hah Bldg.
75, Seosomoon Dong
Chung-Ku, Seoul, Korea
Jae Suk Lee (RP, AA)
c/o Korea Development Bank
C.P.O. Box 28
Seoul, Korea
Riad Marei (RP, AA)
c/o Y. Alghanim & Son
P.O. Box 223
Mary Carney (RP)
P. O. Box MS 682
Maseru, Lesotho
Marvin G. Dole (RP)
Liberia Tractor & EqUipment Co.
P. O. Box 299
MonrOVIa, Liberia
Peter A. Holmshaw (RP)
c/o Energy Support Engineering
Box 2063
Tripoli, Libya
Victor Alfaro (AA)
7 vls-#l
MeXICO 7, D F Mexico
Craig Dudley (AA)
Rio Rhin #77, Penthouse
Mexico 5, D. F. Mexico
Hector Holland (RP)
1120 Sierra Paracaima
Lomas de Chapuitepec
MeXICO 10, D. F. Mexico
Joe Petryshyn (RP)
c/o Firestone el Centenario, S. A.
Mariano Escobedo No. 195
Mexico 17, D. F. Mexico
Ben M'Hamed Amraoui (RP)
267 Boulevard Mohamed V
Casablanca, Morocco
Philip R. Hanson (RP)
31, Rue Moulay Rachid
Rabal. Morocco
Alexander L. Barge (RP,AA)
c/o I Nachtegaallaan
2243 EI Wassenaar
Tel: 01751-79332 (H)
010-143777 (0)
Ian D. Campbell (RP, AA)
Blauwduifweg 8
Curacao, Netherlands Antilles
Knud Mercoll (RP)
Colbjorwewsgy 13
Oslo 2, Norway
Tel: 44-35-61
Jan Strange I (RP)
Selje Bruk A/S
6740 Selje, Norway
John Zavala (RP)
Av. Mcal. Lopez 1532
Asuncion, Paraguay
Hector Cespedes Bravo (RP, AA)
Constitucion 292
Callao, Lima, Peru
Jerome E. Firsty (RP, AA)
2150 Calli Cacique
Santurce, Puerto Rico, 00913
Tel: 726-1102
Bob & Gloria Shuman (AA)
c/o Robert Shuman & Associates
Box 1393
Hata Rey, Puerto Rico
John F. Tomlinson (RP, AA)
Caribbean Properties, Ltd.
171 De Purque
San Juan 00911, Puerto Rico
Tel: 725-7365
Marvin & Diane (Clauss) Huth (RP, AA)
Casa Amarela
Rue das Nogueiras, Torre
Cascais, Portugal
Tel: 269-41-410
James W. Echle (RP, AA)
Salsbury International, Inc.
167 A Goldhill Shopping Centre
Thomson Road
Singapore 11, Singapore
Dick & Sandy Hasenpffung (AA)
Monsanto Singapore, Ltd.
26th Floor. Clifford Centre
Raffles Place
Singapore 0104
William (Bill) Wagner (RP~
197 B. Goldhill Centre
Thomson Road
Singapore 11, Singapore
Chin Wah Ying (RP)
58 Hillcrest Road
Singapore 11, Singapore
Tel: 664668
C. Michael BenniS (RP, AA)
Pena S"io
Colonia de Mirasierra
Madrid 34, Spain
Claus T. Morch (RP)
Ekeby Skogsv 15
16265 Djursholm
Bernhard G. F. Edgar (RP, AA)
Oberhasli 3
6005 Lucerne
John R. Svalander (RP, AA)
BP Chemicals (Suisse) SA
8c, Avenue de Champel. Box 291
CH-1 211 Geneva 12
Tel: (022) 46-77-47
Continued next page
Norman Gray has retired. He and his wife, Jean,
are living in Sunriver, Oregon.
Malcolm F, Gleason is vice president and
manager of the Tokyo, Japan branch of the First
National Bank of Boston. Philip A, Toll is
controller for the human resources information
services of Mobil Corporation.
Donald K, Wilde is now working for B.F.
Goodrich in Ohio.
Charles Whitcomb has been named vice
chairman of the Barnett Bank of Miami. His
daughter Laura is currently enrolled at the
Thunderbird Campus.
Eric E. Ericsson has formed his own business
in London as an international representative for
small to medium size businesses who operate in
Europe. Mr. Ericsson is pleased with the success
of his new business. Ernest A. Parada, formerly
vice president and marketing manager at
Molinos de Puerto Rico (Con Agra), has been
appointed president-elect of the Sales and
Marketing International at the organization's
44th International Marketing Congress in Twin
Cities, Minnesota.
Theodore D. Bihuhiak is with Union Carbide
Corporation in New York City. Belmont F.
Haydel, Jr. has moved to Lawrenceville, New
Jersey to assume the responsibility for his
father's estate. Mr. Haydel's father passed away
in August.
Contacts, continued TUNISIA
Scott K. Johnson (RP)
William H. Cunningham is general manager
with Kraft Foods, SA He is living in Panama.
Dave Hansen was recently transferred from the
Cargill Grain, Inc. office at Tuscola, Illinois to the
Cargill office at Minneapolis, Minnesota.
William Hartley and Shirley Wood Hartley
are living in Miami, Florida. Mr. Hartley is export
manager with Coral Gables Int'I Sales Center of
Goulds Pumps, Inc. Stephen G, Heiner has
been elected a Fellow of the Institute of
Petroleum. He lives in Manila, Philippines. After
15 years of service with Mobil Oil Corporation,
Frederick R. Knarr will retire on January 1,
1980. Mr. Knarr and his wife, Carol, plan an
enjoyable retirement. "Between our house at
Lake Tahoe and our CT-41 sailing ketch "Carrie
Mia," based in Singapore, we hope to cruise
extensively in the South East Asian waters as a
starter," he said.
Rafael A. Velez Candelario was named
assistant vice president in the corporate
services division of the Banco de Ponce in
Puerto Rico. James McKeown, Jr., has been
named assistant manager for the Grand
Junction, Colorado office of the United States
Department of Energy.
Edward L. Frey is executive vice president with
Miles-Kyowa Co. Ltd., in Tokyo, Japan. Michael
B. Powell is regional director of mass
marketing in the Far East for American
International Group, Inc. He has been living in
Japan for five years and travels extensively in
the Far East. William S. Stout has been
promoted to manager of international markets
for Honeywell'S Residential Control Center.
David Chen and his wife, Tamiko, have moved
to EI Paso, Texas after living in Chicago, Illinois
for 15 years. They are enjoying the good
Bruce & Marsha Crumley (RP, AA)
c/o FMC Int'l
Norm Baum (RP)
House of Siam, Ltd.
63 Ave. de L'lndependence
Le Bardo, Tunis. Tunisia
Aparlado 50205
Caracas. 105. Venezuela
P. O. Box 2661
Bangkok 5. Thailand
Cliff Bevens (RP. AA)
c/o Goodyear In!'1 Corp.
Sirinee Building
51 B/4 Ploenchit Road
Bangkok, Thailand
Tel: 252-6141
Thermchal Phlnyawalana (RP)
clo Chase Manhattan Bank
G.P.O. Box 525
Bangkok. Thailand
Gregory Buchaj (AP)
c/o Chrysler de Venezuela
Aparlado 770. Valencia, Venezuela
Susy Kulsar (Sagy) (RP. AA)
Aparlado SOB 17
Caracas, 105, Venezuela
Ingrid POdbewchak (AA)
c/o IBM de Venezuela
Dplo. De Tesoreria, Aplo. 3BB
Caracas, Venezuela
Leavitt Ahrens, Jr. is working for Blue Bell, Inc.,
in Greensboro, North Carolina. Ralph W.
Callahan Jr. is residing in Greenville, South
Carolina and working for Young & Rubicam
International, Inc. M. Tammami is currently
living in Geneva, Swtizerland.
Thomas E. Cantwell, Jr. has been promoted to
regional transportation manager with American
Express in Plantation, Florida. John R. Ryan is
now employed with Bechtel Corporation in
Riyadh, Saudi Arabia.
Walter B. Barley has been named vice
president of United California Bank, London.
Henry and Maureen Batchelder are living in
Cairo, Egypt. Mr. Batchelder is working for
Citibank, N.A. Christopher Diu is a travel
consultant for VISA Travel, Inc. James
Kowalczyk is assistant to the president for
Metropolitan Savings Bank. Joe Ringer has left
Bank of America and joined Bank of the
Southwest in Houston as vice president in the
international department. William M. Robinson
is working for Chase Manhattan Bank, NA at the
World Trade Center in Hong Kong. Timothy C.
Walker was appointed to a position as vice
president of marketing for DO-RAY Lamp
Company, Inc., in Colorado City, Colorado.
John P. Barelli is senior attorney with United
Telecom Service, Inc., in Kansas City, Missouri.
H. Reed Nelson lives in Fillmore, Vermont. He is
employed with Castle & Cooke Foods.
George Lapp was recently named marketing
specialist for Uniroyal Chemical Company's
Vibraspray, Naugatuck. Joseph and Arlette
Miller are working for XAL TEX at the Bahrain
Petroleum Corp. Refinery. Mr. Miller is working as
a specialist in management and supervisory
training. Mrs. Miller is an international compensation
analyst in salary administration-employee
relations. Frank J, Schiendler, Jr. is
commercial specialist with W.H. Daum & Staff in
Newport Beach, California.
Thomas D. Duane is based in London, England
as director of marketing of Europe for the U.F.
Corporation. Philip R. Hanson works for the
State Department in Washington, D.C. Dallas L.
Hensley is managing director with Tee-Kay
Manufacturing New Zealand Ltd. Robert V.
Johnson and his family have moved to Jubail,
Saudi Arabia. Mr. Johnson works for Arabian
Bechtel Company Limited as a systems and
procedures supervisor. Nick Lazos has been
reassigned to Laing/Hellenic Aerospace Green
Program. He will be working with the program
until at least March of 1980, and will then be
reassigned elsewhere. Robert P. Mosier has
been named president and chief operating
officer of the Delta Steamboat Company.
Thomas Perantie is a program analyst for
Max J. Buxton has been named manager of
Portland international sales for Boise Caseate
Corporation's wood products marketing
operations, headquartered in Portland, Oregon.
Harry A. Cockrell is working for the National
Commercial Bank in Riyadh, Saudi Arabia. After
completing a two year leave of absence from
Manufacturers Hanover Trust Company, Dennis
Ferguson has official ly resigned. He plans to
remain on the staff at the Volunteer Urban
Consulting Group. George F. Hardy is now
employed with Shulton International American
Cyanamid Division in Wayne, New Jersey.
Jeffrey K. Ramsdell is account executive with
Marsh and McLennan, Inc., in Los Angeles,
California.Katsuhiko Ueda, who moved to
Jeddah, Saudi Arabia in December, 1978, is
solvents and paints manager with Mobil Saudi
Arabia, Inc. John Willyard is manager with the
Foreign Credit Insurance Association based in
Houston, Texas. Thomas C. Wong, Jr. has
been appointed to assistant vice president of
National Central Bank. He was formerly with the
Siosman Corporation of Asheville, North
Michael E. Bixler has been promoted to
product manager at Oscar Mayer & Company's
general office in Madison, Wisconsin. Mr. Bixler
joined the company in 1974 as a sales trainee.
Eric Bjerke recently moved to Boston,
Massachusetts and is working as manager of
international accounts receivable with Codex
Corporation. Kenneth Campbell is territory
manager for Formfit Rogers Inc. Richard
Choquette has joined Vanity Fair as a special
assistant to the president in the international
division. The company operates in New York
City. Charles A. Peterson is working for
Professional Planning Associates in Phoenix,
Arizona. Martha Anne Taber is vessel
coordinator with Cargill, Inc.
Elaine Bradson is export manager with
International Paper Company in New York.
George M. Fronske is employed with First
National Bank of Arizona in the foreign
collections department. Beth Perry is a real
estate broker with Bryant Real Estate/ERA.
Deborah Smith is now with LW. Stein
Associates, an executive search firm located in
Manhattan, New York. She jOined the firm In
September. Ron Thomson is president of PRN
Health Care Assistance in San Marcos,
California. As an employee of Upjohn Co.,
Cynthia A. Young lives in North Hollywood,
California. Nikolai Wasilewski is studying at
New York University toward a Ph.D. in
International Business.
Kathryn D. Barrios is assistant treasurer with
the Chase Manhattan Bank, NA and will be
working with George Knittel. Michael F.
Chahine is a district representative for the
eastern province of Saudi Arabia with Fiat-Allis.
Doug B. Fencl has been promoted to parts and
service sales representative to the Caribbean
Islands for Caterpillar America. He will be
residing in Miami, Florida with his wife, Janet.
Diane Clauss Huth is group brand managernew
products, for the Johnson and Johnson
marketing department. Marvin Huth is
employed as production manager for Firestone
Tire and Rubber Co. The couple reside in
Portugal. Steven R. Hering is international
banking officer with First Wisconsin
International Bank in New York City. Chris
Kroos has accepted an assignment as regional
director for the Middle East with Chrysler
International Distributor Operations. Chris and
his family will be based in London, England.
Bryan D. Manning has been transferred from
Cranston, New England to northeast England,
where he works for Elmwood Sensors, Inc. Ms.
Meryl Maxwell is product manager with
Alberto-Culver Company in Illinois. Axel Mees
joined BMW in Munich, Germany as managerlogistics
long term planning. John M. Phillips is
director of international planning and
administration with PCA International, Inc. He
resides in Clover, South Carolina. Christine
Schoen mann has been made banking officer in
the international banking department at
Continental Illinois National Bank and Trust
Company of Chicago.Christine M. Wilfer is
assistant controller with Molinos Nacionales in
Guanica, Puerto Rico.
Storage Technology Corporation has employed
Riad Aweida. Cynthia Benci is a marketing
representative for IBM. Ralph G. Bernfeld is
living in Cologne, West Germany, and is
employed with Deutsche Goodyear GMBH.
David M. Chicka is a financial analyst with
Ford Motor Co. Steven D. Clarke is currently
pricing and research manager in the Southern
Pacific division of International Harvester
Company Construction Equipment Group. Mr.
Clarke's position provides him with the
opportunity to travel. Mary Babs DeMeritt is
working for the Center for Creative Leadership
as product marketing coordi nator. She lives in
Greensboro, North Carolina. Edward English
has been promoted to legislative department
manager with Family Health Program in Long
Beach, California. Raul F. Sanchez-Elia is
product manager with R.J. Reynolds Tobacco
Company. John Garza is a production
supervisor with Weyerhaeuser Co. in Vancouver,
Washington. Vickie A. Griswell is working for
Storage Technology Corporation as a corporate
policies and procedures analyst. Robin
Gurovitsch is a market analyst for Church's
Fried Chicken in San Antonio, Texas. Richard D.
Moore is vice president and general manager of
Puerto Rico Broadcasting, Inc. As a marketing
representative for EDS Corporation, George C.
O'Keeffe lives in Richardson, Texas.
Ann E. Butler is pleased with her position as
product developer for Amway Corporation in
Ada, Michigan. Bernardo Giacometti is
currently living in Buenos Aires, Argentina. He
will res ide there until this February. Michael and
Kathleen Graham have moved to Houston,
Texas. Mary M. Hartzler is now employed as a
technical representative with Du Pont Company
in Irving, Texas. Skeet Holland is zone manager
of Mexico with Dairy Equipment Company.
Peter M. Kalil is currently employed as a staff
assistant to U.S. Senator John A. Durkin (0 -
N.H.), in his Manchester, New Hampshire office.
Mark Larsen is employed with Cochise Airlines
in Tucson, Arizona. Gerardo Machado is
regional marketing manager with Polaroid Interamerican,
SA He is living in the Colon Free
Zone of Panama. Peter Martin has accepted a
position with Mitzu-Bishi International
Corporation in New York City. He will be working
in the chemical department. George McReddie
is working in the international department of the
National Bank of Dallas. Charles Nunu is
merchandiser with Continental Grain Company
in Guntersville, Alabama. Jerome S. Sanzo is
an international department trajnee with Chase
Manhatten Bank. Robert F. Simpson is a
financia l analyst with Ray Midland Bank.
Barbara L. Armour works for AM Telephone &
Telegraph in Virginia Beach, Virginia.
Mohammed A. Azab is in charge of the shares
and bonds department of the Jordan Arab
Finance Corporation. He is currently training in
paris and London. Paul Milo is working for
Corning Glass in Wheaton, Illinois. Martha
Navar is a credit analyst with Mercantile
National Bank in Dallas, Texas. Steve Orr is
working in the foreign exchange division of
Chemical Bank in New Yor.k City. Peter H.
Spielmann is with GTE in Caracas, Venezuela.
Barbara Ann Stone has been appointed
marketing analyst in the market response
division of Management Decision Systems, Inc.
in Waltham, Massachusetts. Greg Topp
accepted a position with Accuride as a
production manager. The company
manufactures precision slides in Los Angeles,
California. Irvin S. Varkonyi has been
appointed regional cargo sales representative
for northern New Jersey and New York State
with KLM Royal Dutch Airlines.
Kenneth Lambert, '77, and Mary
Kolehmainen, '77, are engaged. Mary
Francis Secunda, '72, is engaged to Douglas
James Fencl.
Scott Douglas, '78, married Sara Ann Earon
last October 6. The ceremony was held at the
Grace Episcopal Church in Lockport, New York.
Mr. Douglas' best man was John Garza, '77.
Nancy Fuhrman, '79, and Peter Martin, '79,
married in November. They both thank
"Thunderbird, Berger 'M r. T -Bird' Erickson, Dr.
Voris and everyone else out there for bringing us
together. We plan to live happily ever after."
Caroline M. Greerlings, '78, married Peter de
Wolff on May 1 6, 1979. Moira Gomez, '77,
recently married Peter Madonia, '77. Elaine
C. Wason, '77, recently married a fellow
classma te, Paul B. Christiansen, '77. They
reside in Dunwoody, Georgia.
A boy, Alan Tyler, born to Penny and S. Robert
August, '75, on July 4, 1979. A boy, Craig
Richard, born to Marian and Richard King, '72,
on September 16, 1979. A boy, Jonathan Mayo,
born to Gertrud and John M. Phill ips, '76, on
August 13, 1979.
Paul M. Barnes, '49 has passed away. He is
survived by his wife, Betty. Mr. y. Mackie
Cornwall, '62, has passed away.
Estate Planning - a financial alternative
(Editor's note: The introduction to the
following article is fictionalized)
Fred Carsten was prepared to retire
after a successful executive career. He
had acquired considerable real estate
over the years and among his properties
was a large ranch. Carsten
considered selling the ranch and
investing the profit in order to provide
himself with extra retirement income.
But soon, he discovered that if he did
so, he would be subject to a large
capital gains tax.
A friend suggested that Carsten
contact his almfl mater, the Thunderbird
Campus, and as a result he
transferred the ranch to the school,
which sold it for a good price. Carsten
avoided having to pay the capital gains
tax and he and his family will receive
income on the total amount as long as
anyone of them lives. Carsten's heirs
will save on estate and probate costs.
.. .. ..
Marie and George Spivens were both
graduates of Thunderbird who had
studied under the cross cultural
communications program. The
Spivens had hoped to contribute
$10,000 to the program, but also
needed the income on that money.
American Graduate School of
International Management (AGSIM)
was able to provide the answer. The
Spivens donated the money to the
school, and now they receive quarterly
income checks and will continue to as
long as either one lives. Thereafter, the
principle on the money will be used in
the cross cultural communication
.. .. ..
I wish more information on estate planning.
Careful planning has resulted in
many financial advantages for the
Carstens and Spivens because they
supported the Thunderbird Campus, a
nonprofit institution. This practice is
commonly known as estate planning.
Many people believe estate planning
is only for the wealthy, but everyone
who owns property or has a bank
account has acquired an estate.
Though state and federal regulations
require tax levies on certain estates,
only individuals may decide what to
do with their property. By investing in
AGSIM, the lowest possible tax liability
can be obtained.
In order to plan an estate, preparation
of a will is vital. Unfortunately,
many people don't plan a will. As a
result, estates are divided according to
state laws.
It is advised that everyone prepare a
will. Accordingly, people who had
wills prepared years ago should have
them reviewed by their attorneys
because new laws adopted by Congress
have resulted in changes concerning
marital deductions, capital gains tax,
Those wishing more information
should contact their attorney or return
the coupon below to: American
Graduate School of International
Management, Thunderbird Campus,
Glendale, AZ 85306, Attn: Dr. Robert
________________________________________________________________ __
City, State, Zip Code: ______________________ ..;.....;._..;.....;. _
Phone: ____________________________ ___
Addresses Unknown
Class of '47
Jack Abrahams
Herbert H. Adams
Whitman K. Alger
Robert Ernest Anderson
Cecil C. Bacheller
Edmund F. Barnes Jr.
Fred E. Beggs
Edwin S. Belknap
Elsie C. Bell
Francis B. Bennett
Robert E. Black
George H. Blake
R. Edwin Blakeley
Gerald Blanton
Mark S. Blutman
Joe K. Bolin
Joseph A. Bono
Irving B. Bricken
John D. Bridge Jr.
Roger J. Brothers
Kendell E. Brown
Eugene F. Buck
George W. Bynum
William J. Carter Jr.
Russell D. Carver
Henry J. Ciesla
Joe L. Cochran
John C. Cochran
Joseph P. Cole Jr.
William D. Cole
Thomas W. Cooley If.
Charles F. Cooley
Nicholas J. DAnna
William M. Davis
James M. Deason
Marcel A. Delugo
Paul J. Doran
Aubert Durnell
John J. Eggert
William S. Ellis Jr.
Glenn M. Englund
Abraham A. Farber
Norman E. Farr
Alexander Feig
E. Bruce Ferguson
Robert P. Fortune
John P. Garriott
Frederick P. Gee
Robert C. Glendinning
Frank W. Greer
Manuel Guevarr
Wade Hampton
James L. Hannah
Melvin Hansen
Joseph A. Harlin
William L. HarSington
John D. Harris Jr.
Benjamin J. Holt
Joseph S. Horan
John L. Hunnicutt
Sam A. Ilitzky
Robert S. Jewett
Leonard K. Johnson
Lee S. Johnston
Joe H. Jolly
William B. Joy Jr.
Warner L. Kennon
Warwick W. Kintz
Richard T. Klas
Truman A. Klungnes
Meta Willis Korez
Stanley E. Krantz
James A. La Gasa
Edwin J. Lamb
Oscar W. Langston
William J. Lasarow
Robert E. Leckie
Fred A. Leisering
Robert A. Ley
Charles F. Linn
Name and Mailing address
Business affiliation
William D. Lowe
Oscar B. Lynott
Lester J. Maasch
Milton Marsh
John B. Mateer
Roscoe M. McCanne
James S. McCormack Jr.
John F. McCor ick
Frank S. McDol\lald
Ed ara B. McGettrick
Brian-J. McKier an
AlblO H. McLe Ian
Robert F. McMahon
Carl Meadows
John E. Meier
Owen . Mercer
Elwin I. erri1l
Robert E. Mol5erly
Duane K. Mong
Walter M. Moore Jr.
William C. Moore
Euge e Morgan
Wad HMorro
Gerald H Mullan~y
Robert F. Neff
Howard S. Nelson
Leroy B. Nelson
Lloyd H Nelson
1 hn F. Nielsen
ndrew Nisbet
Ben C. Novoa Flr;..;. ___•
John Oconnell
Maurice D. Oconner
Thomas P. Oconnor
Sidney E. Painter Jr.
Charles O. Ritter
Charles N. Roberts
Clarence W. Robinson Jr.
James E. Ryan
William R. Ryan
Business phone _________ Home phone
James W. Sandifer
Alta Warner Saunders
Stanley L. Scharf
Robert J. Schiffhouer
William W. Schuette
Lex C. Scott
Jack T. Sergent
Coleman H. Shaunty
Edward Slovick
Herbert Slovick
John A. Stelzer
John C. Strouse
James if. Taylor
Frank M. Thatcher
Richard A. Thornburg
Edmund E. Tomlinson
Lloyd Valdez
Richard W. Van Atta
Chester J. Voloshik
Lester H Wakefield
Woodrow W. Wallis
Mrs. Alta J. Warner
Robert C. Welch
Glenn W. White
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an member on AT said the auction will take place Sept. 1st.
an member on AT said the auction will take place Sept. 1st.
2012 Rytera Nemesis - Sword Twilight Hunter Sight - QAD HD Bone Collector Drop Away - WindJammer 7" Stabilizer - 438 Grain Beman ICS Hunter Elites - G5 T3's & QAD Exodus Swept Back Version
bank will only goes auction as the last resort or last choice.
before going auction, many things can be done
1. restructuring the repayment?
2. additional Fix Assets to as subsitute the outstanding?
3. refinance to other financial institution?
Auction will cost a lot time, paper work, and money to the bank, and usually auction will end up in a lower price, thus still a cost involves for bank to follow up with the outstanding balance.
Auction???? unless the situation is real bad.
just my 2 cent opinion as a banker
Last edited by daiwateampenn; 08-13-2013 at 10:52 PM. Reason: typo error
2014 Alien Nitro , Sureloc Challenger + Viper Scope, Trophy Ridge Revolution, Easton Carbon One 500, Doinker Elite Supreme, Carter 2 Special.
Spiker, I think he was praising him. "From his cougar to mine". I believe he shot a cougar with a Martin Cougar. Just saying.
2013 PANTERA w/ cloaked cams, PINK Meta peep, PINK/BROWN BSD strings, PINK/BROWN BowJax, Truglo Range Rover Pendulum Site, Shockwave Stabilizer
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nice shooting Otis !!!!
I've noticed some adds on eBay stating 1 year warranty on new bows. My manual says lifetime if I remember correctly. Glad my limbs are on the way.
Everyone is assuming that an auction is a bank controlled thing, and a piecemeal liquidation of equipment, inventory, property, etc. Not necessarily so. If you own it, you can sell it at, and an auction is one way to do it. In the context of a corporation with multiple lines of business, it may be a means to bring multiple potential buyers together, and/or weed out the lurkers who are not really serious about buying and potentially wasting the seller's time.
For example, Buyer A says they want the compound bow line, but not the traditional, Buyer B wants the traditional only, and Buyers C & D say they want them both, Buyer C says they won't buy just one or the other, but Buyer D says they will. Perhaps there is more than one potential buyer in more than one of the categories.
A seller can go nuts (and bankrupt) waiting out the offer/counteroffer, "let me check on financing", etc. process with multiple potential buyers. So an auction is one means to establish a deadline. Does not necessarily mean thatthe gates will be opened up and individuals will be invited to bid one by one on forklifts, lathes, and other equipment.
Business is business, and Martin is a name with some value in the archery industry. I hope that any buyer is going to pick things up, polish them up, and return the company to the type of innovation and customer service Martin has been known for, including honoring existing warranties, maintaining stock of parts for older models, etc.
Only time will tell.
Martin Silver Staff Shooter (hopefully still) - current arsenal 2013 Martin Nemesis 35; 2011 Rytera Alien Z, converted to NitrousX C cams; 2007 Martin Pantera NitrousX C cams; 2005 Martin Cougar 3 Elite NitrousX B cams; 1999 Martin Fury (2) with 2005 14" Magnum limbs and NitrousX C cams; 1999 Martin Rage Twin Limb XRG with NitrousX cams; my kids shoot Martin Tigers, 1969 Wing Chaparral Recurve
Good point , dg. Could be that whoever was interested in the company just couldn't strike a deal with the bank. Afterall, there is the matter of $1.6 mil of debt that hangs over the company. Maybe some potential buyers are sitting back and waiting to bid at auction. Just have to wait and see.
Oh, I was also told that the local newspaper in Walla Walla doesn't inform it's readers about these type of things. Nothing listed so far about Martin. Probably the same type of ideology that keeps the mainstream media from reporting the scandals that plague our govt. agencies.
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Wow, this is a sad day and I can't believe these things keep following me. My 2012 Bengal was the first new bow since my 1997 Golden Eagle Litespeed. If I'm correct that company was also out of business a few short years after. I'm not having great luck.
"I love animals....they're delicious!!"
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Hey Andy,
Don't feel like a lightning rod.....this kind of thing is all too common in todays business world....at least it is in America. There are a number of factors in this method of "closing the doors" that are advantageous to a company, but this isn't the forum to discuss that. Lets just all hope that some well intentioned buyer picks up Martin with the intention of maintaining their ability to innovate and their incredible heritage in archery.
Take care, and enjoy that Bengal. No matter what, it's still a great bow....I've still got my '08 Bengal and it's good as new (better than the Martins that followed, actually).
Thanks for the updates. I know that we were all hoping for some good news, but at least we know what is happening to a company that many of us, apparently, have some sort of attachment to. I know that we all share a love of archery....guess that Martin embodied much of that heritage with an American flavor. And who can forget the amazingly beautiful Martin bows of the past that were truly the bow of the aficienado.


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Posted by Mike McCaffrey on Aug 10, 2009
The fundraiser for Cyclone Nargis rebuilding in Myanmar last Saturday was a great success. I am very excited to have been a part of the event and I am honored that my closest friends and family were able to celebrate my 21st birthday while supporting a cause about which I am deeply passionate. The cyclone in Myanmar created so much destruction, much of which has yet to have been rebuilt. It was important to me to celebrate my birthday in a way that would contribute to the work that I have been doing with Architecture for Humanity.
Posted by sandhya on Aug 6, 2009
AIASF is hosting its sixth annual Architecture and the City festival, this year's festival promises several new and exciting ways to engage in conversation about our city. The festival theme Everyday, Design celebrates the many smart, ingenious and unexpected ways design impacts our daily lives, unveiling the unseen hand of the designer in everything from civic and institutional works to landscaping and residential design. Programs promise to explore the nuanced ways architects and designers thoughtfully impact our communities and reflect ever-important issues of sustainability.
The complete program listing is available here.
Posted by Cameron on Aug 4, 2009
One of our amazing design fellows started his first day dealing with Cyclone Nargis as it hit Burma. We began working on the ground with an incredible team and they are currently working to restore civic buildings and build health and educational facilities.
This weekend Anand turns 21 and for his big bash all his friends are raising funds to build a health clinic for 2000+ people in Burma. We need to raise $10,000, so help celebrate Anands' big day by donating $10 or more to help bring life saving health care to those how need it most.
Last week we traveled with Yele Haiti down to Haiti to see if we could help to provide professional design and building services for a couple of projects on the ground. What I found was a country very different from what was reported in the media or gleaned from You Tube. However, it is still a world away from the three and a half hour plane ride from New York City.
Posted by Cameron on Jul 24, 2009
Today Architecture for Humanity co-founders joined designers, teachers and administration officials at a luncheon at the White House to honor the 2009 National Design Award winners and finalists. Our organization had received the Patron Award in 2008 but we had been notified after the 2008 White House event and invited this year to be recognized. The award is a great honor and we hope that it helps to push more socially responsible and collaborative design into the mainstream.
Click here to view video of the speech by first lady Michelle Obama.
Posted by on Jul 16, 2009
Anand's Surprise Birthday/Myanmar Clinic Fundraiser
Saturday, August 8, 2009
Velo Rouge Cafe
798 Arguello St (@ McAllister)
This is the first fund raising drive of this cause since 2008 - Let's build a clinic for Burmese villagers.
Architecture for Humanity is one of the few groups currently working in Myanmar. Our talented design team has been restoring and rebuilding coastal villages affected by last years' cyclone.
Anand Sheth, one of our SF design fellows, worked on our post-Cyclone Nargis campaign last year. On August 8th, his friends are holding a surprise 21st birthday party and have asked everyone coming to bring donations for this project, instead of presents.
The ultimate goal of this fundraiser is to raise $10,000 and we can build a safe medical clinic for 2000 people. Read more at: http://www.openarchitecturenetwork.org/myanmar
Posted by on Jul 15, 2009
Change doesn't happen by chance, it happens by design.
Social Designer strives to spark new thinking about the issues that matter most by encouraging the design community to create fun, socially-relevant graphics for tees, totes and other goods. We do this both by holding weekly design competitions to create products that support meaningful causes — all winning designs are available for purchase — and by selling goods with a strong social or environmental value.
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Posted by on Jul 6, 2009
Dear Architecture For Humanity,
I first met Kate Stohr in one of the early planning meetings for the Open Architecture Network (OAN). That was October 2006. I was in my first semester at Presidio School of Management studying sustainable business, while also working at Sun Microsystems as an Architect (not the licensed kind that designs buildings, but the virtual geeky kind that works on Internet systems designs). It was through Sun's support of Cameron's 2006 TED Prize wish that I got connected to this project and Kate was my first contact with AFH. It was immediately clear to me that Kate and the rest of AFH were doing something relevant, unique, and valuable, so I was excited to help in any way I could.
Posted by Cameron on Jun 19, 2009
There is less than two weeks until the final round of the jury and After Ed TV has released the third and final episode of School Redesign. Check it out.
Posted by kstohr on Jun 17, 2009
Laura Allen of Greywater Guerrilas stopped by today to give us the lowdown on recycling greywater and the new draft permitting rules on the table in California to encourage rainwater harvesting and catchment systems. She offered some practical advice on installing residential greywater systems (three-way valve, anyone?) and some background on commercial systems. We'll never look at a toilet or washing machine the same way again.
Interested in installing your own greywater system or want to learn more, visit:
Check out their book: Dam Nation: Dispatches from the Water Underground


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You don't have to watch much reality television to understand that these days, many cable networks are trying to capitalize on the drama caused by little girls and their overbearing stage mothers. Take, for example, TLC's Toddlers & Tiaras, a show that that gives viewers an inside look at the often controversial world of children's beauty pageants. Apparently the resultant mother and daughter tantrums were just too good to keep off the airwaves.
But in late 2011, viewers expressed outrage over the pageant industry's tendency to sexualize children. After all, with mothers dressing their daughters like surgically-enhanced country singers, fake breasts and all, or hookers with hearts of gold, how could viewers be anything but horrified? In all honesty, some of these little girls — the ones who don't aspire to be tax lawyers, at least — look like complete prosti-tots (see above).
This backdrop brings us to today's Lawsuit of the Day, where the mother of one of these tiara-toting toddlers alleges that a well-known celebrity gossip site had a hand in scandalizing her daughter….
Continue reading "Mother of 'Toddlers & Tiaras' Star Sues for Millions After Daughter Is 'Sexualized' on the Web"


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Holly is a 1-year-old female chow mix who gets along well with other dogs.
Tracy Animal Shelter also has several cats and kittens waiting to be adopted. The staff requests donations of canned and dry food for cats, toys and treats.
The shelter, 370 Arbor Road, is open from noon to 5:30 p.m. Tuesdays through Saturdays. For information: 831-6364 or www.facebook.com/pages/City-of-Tracy-Animal-Services/111907492220255.
Animal Rescue of Tracy: Joyful Jasper
This energetic 10-month-old German shepherd mix has a golden coat and possibly some chow ancestry, according to Animal Rescue of Tracy volunteers. Jasper is a quick learner but needs a patient teacher — and plenty of treats — to help him to catch up on his training. He is learning how to walk on a leash and sit on command. A good outdoor dog, he sleeps in a crate at night and prefers to play all day.
Animal Rescue of Tracy is a nonprofit, all-volunteer rescue group that has pet adoption fairs for dogs and cats from 11 a.m. to 4 p.m. Saturdays and noon to 4 p.m. Sundays at the West Valley Mall. Members will also make arrangements to show animals in rescue during the week. For information: 642-4324 or www.animalrescuetracy.org.
People for Pets: Rocky the runner
Rocky, a pointer-Labrador mix, is a gentle, quiet pet and an excellent running partner, according to People for Pets volunteers. He is 18 months old and has been neutered, microchipped and kept current on his shots. Rocky gets along well with cats, though he can be shy around men.
People for Pets also has several other dogs ready for adoption and hosts adoption fairs between 11 a.m. and 2 p.m. Saturdays at PetSmart, 2477 N. Naglee Road. For information: 933-6274 or firstname.lastname@example.com.