Word: assets
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This is a communiqué from the Gotham front: propaganda ease the long taxpaying days ahead - and a warning to the boonies that New Yorkers have not lost their greatest asset - gallows humor. The trio of Renny Temple, Patti Perkins and Len Gochman are so charming however that their hardest blow is gentlest satire. There is a visit to Cold Cash, New York's First Passionate Bank, and a chat with an ancient on a park bench who used to bet with his late wife - "Whoever goes first loses." Norman Mailer crosses the Hud son as the city-nation...
...awards for the designers, rather than the managers. This year's Christmas ornaments consist of strands of orange bulbs separated by reflecting squares of aluminum sheet, hanging over Massachusetts Ave. The Association has already planted some trees, which look kind of scrawny, but I guess their height is an asset. Smith says hopefully that the trees "make it look as though humanity can exist around here." Central Square, he explains, has a reputation as a "tough" neighborhood. The bars are one sort of rallying point for the community he's not so sure about promoting...
...surveys indicate that Betty Ford could be an asset to Ford in his campaign. "I'll travel with him when I can, and I'll fill in when he can't be there," she says. "But I'm not going to talk issues. I can only say what I think−and sometimes my ideas may be at variance with his." Mrs. Ford would not have taken his hard line on New York City's financial crisis. She also feels strongly that a woman should be on the Supreme Court. As a lobbyist, Betty Ford...
...Asset Stripping. With a personal stake of $120,000-accumulated by playing the stock market-and some borrowed capital, he bought his first such company in 1964. He quickly sold its principal asset (an office building) for a profit-a practice known as asset stripping-and used the money to finance his next acquisition. By 1968 the Slater, Walker pyramid had grown to 500 firms and Slater's personal fortune had risen to an estimated $10 million. He bought a lavish manor in Surrey and spent long weekends there indulging his passion for chess. In 1972 he provided...
With riches from six North Sea fields either landing or scheduled to appear on its shores, Scotland's most important liquid asset these days is not whisky but oil. From the Shetland Islands (noted for knitwear and shaggy ponies) in the north, to Peterhead, Edinburgh and Glasgow, oil is becoming Scotland's biggest industry. Already it is creating jobs, money and humor. One joke about the high pay of Scottish oil workers: "Did you hear that one of the welders married a commoner...