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183:. In 1923, Odlum, a friend, and their wives pooled a total of $ 39,600 and formed the United States Company to speculate in purchases of utilities and general securities. Within two years, the company's net assets had increased 17 fold to nearly $ 700,000. In 1928, Odlum incorporated Atlas Utilities Company to take over the common stock of his other company.
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could not continue much longer, and he sold one half of Atlas's holdings, as well as $ 9 million in new securities to investors. He had $ 14 million in cash and short term notes when the stock market crashed. During the next few years, Atlas
Utilities bought up stock in less fortunate investment
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was inaugurated
President of the United States, Odlum shifted gears, selling off utilities before stronger regulation set in, and switching to large-scale financing. By 1933, Odlum was one of the 10 wealthiest men in the United States. Besides
167:(March 30, 1892 – June 17, 1976) was an American lawyer and industrialist. He has been described as "possibly the only man in the United States who made a great fortune out of the Depression".
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283:, and the Odlums were financial backers of Earhart's flying activities. They developed the Cochran-Odlum (C-O) Ranch in
375:"Cutting Koerners: Floyd Odlum, the Atlas Corporation and the Dismissal of Orson Welles from RKO", Vincent L. Barnett,
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179:, Odlum received an offer of a job at a New York firm, and in 1921 became vice-president of his primary client,
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Odlum died in 1976 at the age of 84. His wife Jackie
Cochran died four years later on August 9, 1980.
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During the summer of 1929, Odlum was one of the few industrial moguls to believe that the boom on
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Odlum along with business associate L. Boyd Hatch also purchased and developed
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220:. Odlum's association with Armsby provided a link to Armsby and
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317:. He was presented alongside his wife, fellow honoree
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In 1964, Odlum received the Golden Plate Award of the
234:. Odlum was an investor in the 1954 production of the
402:. Greenwich: Fawcett Publications, Inc. p. 235.
412:"Goldman Sachs : The Culture of Success" by
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191:companies at Depression-reduced prices. After
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388:"The Power Elite" C. Wright Mills, Alan Wolfe
306:. In 2006, Pine Glenn Cove was placed on the
175:After struggling as a corporate attorney in
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275:. Odlum and Cochran were close friends of
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639:University of Colorado Law School alumni
379:, Volume 22, Number 2, 2010, pp. 182–198
579:American energy industry businesspeople
452:"Longines Chronoscope with Floyd Odlum"
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377:Film History: An International Journal
294:, also known as St. Ann's Retreat, or
629:20th-century American philanthropists
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267:Odlum was first married, in 1915, to
634:20th-century American businesspeople
398:Dietrich, Noah; Thomas, Bob (1972).
308:National Register of Historic Places
226:Transcontinental Air Transport, Inc.
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287:where they lived after the 1950s.
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619:People from Union City, Michigan
454:is available for viewing at the
341:Current Biography 1941, pp629-31
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609:Businesspeople from Los Angeles
584:American film studio executives
434:American Academy of Achievement
315:American Academy of Achievement
181:Electric Bond and Share Company
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98:Electric Bond and Share Company
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400:Howard, The Amazing Mr. Hughes
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624:People from Indio, California
589:20th-century American lawyers
614:Businesspeople from Michigan
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230:In 1948, Odlum sold RKO to
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511:Franklin Simon & Co.
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364:Current Biography 1941
352:Current Biography 1941
244:—during which actress
193:Franklin D. Roosevelt
89:Lawyer, industrialist
218:George Newell Armsby
165:Floyd Bostwick Odlum
128: 1915;
59:Union City, Michigan
45:Floyd Bostwick Odlum
430:www.achievement.org
264:to invest as well.
222:John Cheever Cowdin
269:Hortense McQuarrie
250:Paramount Pictures
248:was discovered by
210:Northeast Airlines
114:Hortense McQuarrie
35:Odlum c. mid 1940s
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319:Jackie Cochran
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499:Subsidiaries
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72:(1976-06-17)
604:RKO General
599:1976 deaths
594:1892 births
537:Floyd Odlum
354:, pp 629–31
202:RKO Studios
188:Wall Street
94:Employer(s)
23:Floyd Odlum
573:Categories
254:Hal Wallis
51:1892-03-30
252:producer
260:'s head
236:Broadway
551:Related
206:Convair
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105:Spouses
530:People
366:, p630
212:, and
80:, U.S.
61:, U.S.
328:Notes
238:show
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304:Utah
130:div.
67:Died
41:Born
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49:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
