Repairman

Out of a job last autumn after leaving the Securities & Exchange Commission, Joseph Patrick Kennedy went to Europe to rest. Shortly after his return he sat down to write a recapitalization plan for Radio Corp. of America, receiving a fee of $150,000 for his pains (TIME, Feb. 10). Last week Joe Kennedy got another repair job on another cranky bit of corporate machinery.

Paramount Pictures, Inc. retained him to "survey" its practices, problems and policies. Though Paramount emerged from a 77B reorganization last year, the company still has its troubles. Since much of both his fortune and experience was derived from cinema companies and their stocks, Joe Kennedy was as logical a choice for this overhaul as he had been for RCA's. Said Repairman Kennedy: "How long the engagement will be is undecided."

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