Word: resorting
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Flash is not a part of Smith's business style. He prefers plain buttons to gold cuff links, quiet fishing trips to showy vacations in St.-Tropez. Last week in a lakeside resort in Salzburg, Austria, where he was attending a meeting of his European board of advisers, Smith wore the trademark pinstripe suit. Making no attempt at being suave, he cultivates a deceptive aw-shucks manner and punctuates conversation with his favorite expression: "Holy Toledo...
...thousand or so, from dozens of countries, on big theater screens and hotel-room cassettes -- as part of the 38th International Film Festival. But this was truly, as the trade paper Variety headlined it, "The Year of the Yank." A battalion of them landed at this Riviera beach resort, and before you could say "cultural imperialism" had convinced the assembled film world that they owned...
With so much attention directed at the FSLIC as the rescuer of last resort, many experts have begun wondering whether that fund is adequate. The increasing number of federal rescue missions has shrunk the FSLIC's reserve pool from a longtime average of 1.2% of all deposits to just .76%, or about $6 billion. As a result, the FSLIC has asked Congress for permission to begin charging higher insurance premiums to thrifts that get into risky investments. That would create a larger reserve pool and provide an incentive for sound management...
...become as circumspect as Swiss bankers. So it went with the merger between Allied and Signal, announced last week. Edward Hennessy Jr., Allied's chairman, along with Forrest Shumway and Michael Dingman, Signal's chairman and president, met March 5 at Marriott's Camelback Inn, a plush Scottsdale, Ariz., resort with two 18-hole golf courses, two swimming pools and ten tennis courts. Hennessy and Dingman registered under the last name of Dingman's secretary. Although the executives are fond of sports, they seldom left their rooms. When discussing the firms, they called Allied "East" and Signal "West...
...were dirty looking, scroungy . . . He grabbed me by both wrists." Tall, tan Kari Swenson, 23, a member of the U.S. biathlon team, was testifying about what happened to her when she encountered two strange men last July while on a training run not too far from the Big Sky resort in Montana. "The old man said they just wanted to talk for a while. He said, 'We don't get many women up in the mountains that we can talk...