Books: Paying the Pied Piper

LING by STANLEY H. BROWN 308 pages. Atheneum. $7.95.

With his nimble mind and ability to manipulate numbers, he might have become a nuclear physicist or a chess master. Instead, James Joseph Ling became the quintessential conglomerator. In the roaring '60s he created a company that eventually ran up sales of $3.75 billion a year from products as diverse as jet planes and hamburgers. By 1969, Ling-Temco-Vought of Dallas was the 14th largest industrial enterprise in the U.S. In 1970, with LTV stock crashing and bankers hounding him for huge debts, Ling's own...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!