Best of Boston

1988 Best Example of Feeding the Hand That Bites You

Thomas Phillips

The Raytheon chief exec proved that he was no relation to the Phillips plastics brood by investing in son Tom Junior’s Spy magazine, which satirizes corporadoes, socialites, and others with too much money on their hands. The shrewd elder Phillips knows that it is better to endure the slings and arrows of outrageous offspring than to bring them into the family business.