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CM December DECEMBER 2018

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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FROM THE<br />

ARCHIVE<br />

Credit Management<br />

magazine from 46 years ago.19<br />

72<br />

In November 1972 Republican Richard Nixon defeated Democrat<br />

George McGovern in a landslide, although the election has<br />

the lowest voter turnout since 1948 with only 55 percent of the<br />

electorate voting. The last executions took place in Paris – the<br />

President Georges Pompidou upheld both death sentences despite<br />

public opinion. Atari released the arcade version of Pong which<br />

became the first generation of video game to achieve commercial<br />

success. In <strong>December</strong> 1972 Apollo 17 became the last manned<br />

moon mission when the ‘Blue Marble’ picture of Earth was taken.<br />

THE INSTITUTE’S<br />

ANNUAL DINNER<br />

Robert Head, Financial Correspondent<br />

for the Daily Mirror entertained the<br />

crowd at the Crypt of the Guildhall<br />

as one of the guest speakers.<br />

Chairman of Council, Owen Mayo<br />

summarised the year’s progress with<br />

representations to the Department<br />

of Trade and Industry, and a meeting<br />

with the Conservative Credit and<br />

Insurance Trade Committee.<br />

THE COMPUTER – AN AID TO CREDIT MANAGEMENT<br />

Following the Annual Conference of the Institute of Credit Management at the Royal<br />

Garden Hotel on 25 October 1972, AJ Thomas outlines where a computer could assist<br />

credit managers perform tasks such as reviewing credit limits and debt collecting.<br />

The Recognised Standard / www.cicm.com / <strong>December</strong> <strong>2018</strong> / PAGE 67

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