Word: accountants
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Dates: during 1980-1989
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...came from an anonymous donor who wanted to clear his conscience with "the IRS and with God." The largest deposit -- $50,000 from a man who gave no reason for sending the money -- helped to set a new record for contributions to the Federal Government's "conscience fund," the account made up of donations from guilt-ridden citizens. In 1986 the fund tallied $380,929.49 -- greater than any year since the fund was established in 1811, when an anonymous donor sent...
...everyone sings the blues. Former Governor Walter Hickel, who has seen the occupancy rate in his 600-room Captain Cook Hotel drop 7 points, to 62%, in the past twelve months, says resolutely, "We have to be enthusiastic." Indeed, the state's savings account, the Permanent Fund, continues to grow and now tops $8.1 billion. That is a healthy reserve, even if the principal cannot be tapped to help solve the current crisis. Harold Heinze, the president of Arco Alaska, looks at the modest rebound in the world price of oil and says, "It feels good to have a mild...
...someone forget to inform Robert Townsend that a Hollywood picture costs serious money, like $15 million? Why else would anyone have the nerve to launch a movie on a savings account of just $20,000? For Townsend, the film's director and star, a strong entrepreneurial urge overcame weak financing. When the director's cash ran out, he simply started using his two credit cards. Then he applied for twelve more of them to pay for film, costumes, rental equipment and food. He even paid his actors by filling up their gas tanks and charging it. His artful dodging finally...
...lesson learned by the porn industry is that traditional female repugnance to porn can melt when the product is cleaned up a bit and presented at home, where the woman can feel safe and treat the movie as a prelude to lovemaking. Women account for perhaps 40% of the estimated 100 million rentals of X-rated tapes each year. "The VCR put porno where it belongs: in people's bedrooms," says an executive vice president for one porn house, Essex Productions of Chatsworth, Calif. "I never felt it belonged in theaters. People feel that in the comfort of their...
...competition in the lodging industry been more fierce. As construction of new hotels has outstripped demand for rooms, average occupancy rates have dropped, from 70% in 1981 to a basement-level 65% last year. In | that tough climate, innkeepers are going all out to woo the customers who account for more than 70% of all hotel stays: business travelers. Many of the major hotel chains are giving corporate clients an office away from the office by providing all sorts of executive services, from stenography and photocopying to personal computers and the Dow Jones news wire...