Word: suburbanization
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Merrill Lynch was bullish on Alan Schlesinger as a prospective customer, but the company's brokers pushed him a little too far. Five years ago, the suburban Boston lawyer began an epic campaign to stop Merrill Lynch's brokers, as well as numerous rival callers, from peppering him with phone pitches. First he wrote a polite letter asking the company to desist, but still the calls came. Then he wrote a more threatening note, and still the calls came...
Hwang had not always been so sensitive, so ready to take offense. Although his parents were immigrants and he visited relatives in Manila and Taipei, this self-described "Chinese-Filipino-American, born-again-Christian kid from suburban Los Angeles" felt "scarcely more connection than the average white" between Asian life and his own. "I read Pearl Buck in high school and didn't see anything wrong. I still like Charlie Chan movies. The whole thing about being of Chinese descent seemed an interesting detail, as if I had red hair. But not everyone saw it that way." So Hwang embarked...
...Indianapolis listened to arguments over whether four 6th century mosaics bought in Switzerland by an American art dealer had actually been stolen from Cyprus after the island was invaded by Turkish soldiers in 1974. Last week Judge James E. Noland announced his decision: the Byzantine religious works that suburban Indianapolis art dealer Peg Goldberg purchased for $1.2 million last year and tried to sell to the Getty Museum in California, are legally the property of the Autocephalous Orthodox Church of Cyprus and must be returned...
Whyte has detected what may be a selfish motive behind the suburban corporate shift. He tracked 38 companies that left New York City over a ten- year period and discovered that 31 of them had relocated to within eight miles of the home of their chief executive officer. "I take that at face value," he says deadpan...
...technique used by police to pressure a suspect by letting him know he is being watched. The FBI's investigation of Felix Bloch, the American diplomat suspected of espionage, by last week had mushroomed beyond hostility into full-blown hysteria. When Bloch and his daughter drove from suburban Chappaqua, N.Y., into Manhattan, they were followed by a posse of federal officers, news reporters, camera crews and, said Government sources, a carload of KGB agents...