Word: beachfront
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Dates: during 1980-1989
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...equities are becoming a little bit like land, which Will Rogers once said was his favorite investment "because they ain't making it anymore." But at current stock prices, a whiff of recession or a flare-up of inflation and interest rates could make stocks about as popular as beachfront property in hurricane season...
Lear discreetly sidesteps rumors of a boyfriend, but she says, "For older women, like older men, money is a plus when it comes to attracting the opposite sex." Except for weekly dinners with her two daughters, entertainment means magazine business. Parties are held at her Southampton beachfront mansion or cavernous Fifth Avenue apartment with its giant de Koonings, vast Persian rugs and a paralyzing view of Central Park. The service is formal but the tone relaxed. At a recent dinner for potential advertisers, Georgette Mosbacher, flame-haired CEO of La Prairie skin-care company and wife of the Secretary...
...years, Israel and Egypt have wrangled over ownership of a mere 250 acres of beachfront on the Gulf of Aqaba. To Egypt, Taba was an integral part of the Sinai, retrieved in 1982 under the terms of the Egyptian-Israeli peace treaty. To Israel, it was a popular resort that draws tens of thousands of vacationers a year. Last week an international arbitration panel effectively awarded sovereignty to Egypt...
...notorious hobo jungle in Santa Barbara, Calif., near Ronald and Nancy Reagan's vacation home. On a tour sponsored by International Peace Walk, Inc., a Washington organization, ten Soviets accepted an invitation last week to lunch at a scruffy bivouac tucked between Santa Barbara's railroad yards and beachfront...
Ready for a change from the urban music scene? Check out the Jazz Ball at Crane's Castle in Ipswich, Ma. tonight. Kick back and listen to the Ritz play on the expansive lawn of plumbing magnate Thomas Crane's beachfront estate on the North Shore. Tickets are $20 and $25 for reserved seating. Call 358-7774 for more details...