Word: acapulco
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Dates: during 1970-1970
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This year the conference was held in the relaxed atmosphere of a resort near Acapulco, Mexico. Among the Government officials attending were George Romney, Secretary of Housing and Urban Development; Daniel Patrick Moynihan, Counsellor to the President; Charles Walker, Under Secretary of the Treasury; Preston Martin, chairman of the Federal Home Loan Bank Board; and Allan Oakley Hunter, president of the Federal National Mortgage Association. They were joined by 80 leaders from every sector of the housing industry. That is quite an increase since the first meeting at Pebble Beach, Calif., when the presidents of the National Association of Home...
Some flights between New York and Europe take 14 bumpy hours, and all stop at Reykjavik, nobody's Acapulco. Aloft, a party air pervades the aircraft as young people wander the aisle in search of companionship or add to the graffiti on the backs of seats. Lunch and dinner consist of simple food like chicken and peas...
Making Waves in Acapulco. Troy V. Post, the Dallas insurance millionaire and longtime patron of Ling's, also resigned as vice chairman and chairman of the executive committee in order to devote more time to his investments. Besides his LTV holdings. Post is worried about an Acapulco resort project, which Cornfeld's I.O.S. reportedly backed out of financing...
...were talking about pollution, and he said, 'Well, it's a worldwide problem, no question about that. The Danube is the dirtiest damn river I ever saw. The rivers in Europe are all like that. The Mediterranean is filthy. And nobody wants to go to Acapulco. You can't swim in the bay any more. It's a worldwide problem!' " The speaker was Henry Ford II, and his listener was Detroit Bureau Chief Peter Vanderwicken, who was in the process of reporting this week's cover story on Ford and the new philosophy...
Bernard Cornfeld, the Midas of mutual funds, recently jetted to Acapulco for a summit conference with Hugh Hefner. Naturally, both were accompanied by aides, mostly female. While Hefner's playmates competed with Bernie's bunnies for poolside attention, the two middle-aged millionaires discussed the possibility of combining on a business venture, perhaps to build a hotel in Acapulco. The trouble is that Cornfeld's fortunes have lately fallen into a spin...