BOARDS & BUREAUS: Life in the Goldfish Bowl


When Stuart Symington took over as sole boss of the Reconstruction Finance Corp. last month, he announced that RFC affairs would henceforth be conducted in a goldfish bowl. Last week Stu Symington flipped two prize fish clear out of the RFC bowl and left them gasping on the rug.

The smaller fish was E. Merwyn Rowlands, 50, onetime Wisconsin politico and head of the RFC's Minneapolis branch. The charge: in 1949, Rowlands had picked up an inside tip that the Commodity Credit Corp. was looking for storage space, and told a friend. The friend, one Jule Marachowsky, thereupon leased...

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