Science Fair Projects Ideas - John J. Raskob

All Science Fair Projects

      

Science Fair Project Encyclopedia for Schools!

  Search    Browse    Forum  Coach    Links    Editor    Help    Tell-a-Friend    Encyclopedia    Dictionary     

Science Fair Project Encyclopedia

For information on any area of science that interests you,
enter a keyword (eg. scientific method, molecule, cloud, carbohydrate etc.).
Or else, you can start by choosing any of the categories below.

John J. Raskob

John Jakob Raskob (1879-1950) was a financial executive and businessman who became chairman of the Democratic National Committee and a key supporter of Franklin Delano Roosevelt's candidacy for President of the United States.

He was initially hired by Pierre DuPont as a bookkeeper, and became DuPont's private secretary and assistant. In 1911 he became assistant treasurer of DuPont, in 1914 treasurer, and in 1918 vice-president of finance for both DuPont and General Motors (at the time DuPont owned 43% of GM, purchased from the finacially troubled William C. Durant.

While with GM, he led the creation of General Motors Acceptance Corporation, the corporation that allowed GM dealers to offer installment credit directly to customers. He also promoted the use of standard financial statistics to measure the performance of different operations within a diversified company, primarily through his associate Donaldson Brown.

Raskob held the head financial job at both firms until 1928, when he resigned from GM in a dispute with chairman Alfred P. Sloan. Raskob had supported Democratic presidential candidate Al Smith in the 1928 election, and Smith invited Raskob to become chairman of the Democratic National Committee. Sloan, a supporter of Herbert Hoover, insisted that Raskob resign either from GM or the DNC. Raskob left GM after the board supported Sloan, sold his GM stock, and used the proceeds to build the Empire State Building. Raskob served as chairman of the DNC through 1932 and was a key supporter of Roosevelt. However, he remained with DuPont until his retirement in 1946.

Raskob and his wife lost their son to an auto accident at the age of 20, and established a charitable foundation in his honor which survives today.

10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
Science kits, science lessons, science toys, maths toys, hobby kits, science games and books - these are some of many products that can help give your kid an edge in their science fair projects, and develop a tremendous interest in the study of science. When shopping for a science kit or other supplies, make sure that you carefully review the features and quality of the products. Compare prices by going to several online stores. Read product reviews online or refer to magazines.

Start by looking for your science kit review or science toy review. Compare prices but remember, Price $ is not everything. Quality does matter.
Science Fair Coach
What do science fair judges look out for?
ScienceHound
Science Fair Projects for students of all ages
All Science Fair Projects.com Site
All Science Fair Projects Homepage
Search | Browse | Links | From-our-Editor | Books | Help | Contact | Privacy | Disclaimer | Copyright Notice