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...Lower East Side. This menacing tangle of burned-out buildings, clammy tenements and garbage-strewn vacant lots is one of the country's most notorious drug marketplaces. Dealers crowd the blighted 15-by four-block "town" 24 hours a day, dispensing cocaine, heroin, amphetamines, angel dust and an array of other drugs. The Captain, in his 40s, is a white, affluent tradesman from Brooklyn. He got his nickname because he once owned a yacht. He and his girlfriend, a pink-sugar blond he calls Snowdrop, come into this mostly Hispanic neighborhood every Sunday to buy cocaine...
Against all these evaders, the IRS is wielding an array of new weapons. Last summer's Tax Equity and Fiscal Responsibility Act (TEFRA) empowered it to prosecute tax shelters that it considers "abusive" rather than waiting to check on individual returns that use such shelters. The act authorized the withholding of 10% in taxes on all interest and stock dividends, though the banks have mounted a noisy lobbying campaign to repeal that provision...
...leaving Harvard either full or shared responsibility for the admission, instruction, housing, athletics, and discipline of Radcliffe students, Radcliffe still seeks to provide a focal point for women who might at times feel understandably lost at this historically male university. To this end. Radcliffe offers an impressive array of programs designed to aid and interest women, from the academic or career-oriented to the extracurricular or purely social. Yet few undergraduates seem to know about these programs and even fewer take advantage of them. One wonders...
...ruled that state as well as federal courts were bound by the rule. About half the states had not previously adopted it; they hurriedly set up programs to school patrolmen on the ins and outs of the new requirements. The specifics changed almost monthly as courts grappled with an array of new defense challenges...
...along too. Both Hertz, the No. 1 rental-car company, and National, No. 3, have been "dragged kicking and screaming," as Olson puts it, into a gigantic giveaway game started by No. 2, Avis, last September. The giants of the rental-car business are courting customers with a growing array of gifts, from toy koala bears to vacations at resort hotels. This costly contest comes at a time when the industry's profits, pounded by a recession that has cut into travel budgets, have plunged from more than $250 million in 1979 to less than $50 million last year...