MANAGEMENT: How to Make a Buck

Every businessman knows that it is hard to make a fortune in these days of high income taxes. Last week American Motors President George Romney gave chapter and verse on how hard it is even for the high-salaried executive with stock options in a front-running corporation whose stock has soared.

When word was let out by the SEC that Romney had sold 10,000 shares of American Motors in January at $90 a share, the stock was caught in a flurry of selling; American Motors lost 9½ points in two days before holding at...

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