Word: localization
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Dates: during 1990-1990
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...than generate new deposits by telephone solicitation. He advertised market- breaking high interest rates called the Silverado Prime. But paying those rates meant Silverado had to get a higher return on loans. To do this, Wise and Metz gradually moved Silverado out of the home-loan market, abandoning small local builders and buyers in favor of big depositors and even bigger developers...
...were the real estate honchos who were part of the Silverado juggernaut: Walters, Good and Mizel. Walters had his own bank and a high profile as an extravagant political contributor. Mizel and his M.D.C. Holdings dominated the Denver housing market. He reinforced his clout with hefty political contributions to local, state and national politicians. In 1986 he was host at a luncheon attended by President Reagan and raised $1 million for the Republican Party...
...Beverly Hills police department must dread having to haul local teenage millionaires off to jail for a grisly crime: the tabloids swarm, the rumors fly, the suspects hire the best defense lawyers money can buy -- and all those involved (even the minor players) act as if they are characters in the first draft of a convoluted screenplay desperately in need of a rewrite. Thus it has been several miserable months for the prosecutors in charge of the Menendez murder investigation; they are fielding two young millionaires, charges of patricide, disputed psychotherapy records and flamboyant defense attorneys claiming that vital evidence...
Oziel did what any local celebrity would do: he called a press conference. Protesting that he was bound by professional ethics not to discuss the case, he proceeded to lash out at Smyth for making "totally false, bizarre and defamatory allegations." He did not deny that Smyth was his lover but insisted that she was never his patient and added that she could not have eavesdropped on any confessions because of the layout of his office. None of that explained why shortly after those sessions, he allowed Smyth to move into his home (with his wife and daughters) to calm...
...these loud noises signal mass execution of incumbents this fall? Or were they merely firecrackers set off by local heat waves? David Carney, head of the White House political office, took the expansive view: "People are sick of incumbents. They're absolutely fed up." Howard Schloss, speaking for the Democratic Congressional Campaign Committee, insists that incumbency is still a huge asset. "The ballot box is sending one message, and the theorists another." In fact, the results seem to highlight an odd disjuncture in the American political system: Carney is right about the voters' damn-all- politicia ns resentments, but Schloss...