Word: brainchild
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AMREX is the brainchild of Gerald Jackson, 43, a former real estate agent and farmer. He developed the concept of AMREX while teaching real estate at the University of California at Berkeley. In the course of his research he discovered that local ownership of a random sample of prime property in the Los Angeles area had dropped from 90% in 1945 to close to 40% by 1965. Deciding that such absentee buying could be better handled through a central exchange of sorts, Jackson started a West Coast exchange in 1968 with a local real estate firm. Though business was uneven...
...natural way to benefit his two favorite institutions: the University of Southern California, which he serves as chairman of the board of trustees, and the Fluor Corp., an international construction firm he heads that last year did $272 million worth of business in Saudi Arabia alone. Fluor's brainchild was a $22 million research institute at U.S.C. to be called the Middle East Center and funded by American corporations, including his own, with a stake in the Middle East. After all, some 20% of U.S.C.'s enrollment is foreign (one of the nation's highest ratios...
About one year after House committees decided to send delegates to a convention to reform student government at Harvard, the convention's brainchild--Harvard's new Student Assembly--took its first few faltering steps...
Today National Lampoon, the brainchild of Douglas Kenney, Henry Beard and Robert Hoffman, is a show-biz empire of comedy. Not only has the magazine been a huge success (circ. 600,000), but it has also launched popular spinoffs: books, records (three Grammy Award nominations), stage revues, a radio show. Better still, the Lampoon has nurtured a new generation of comic talent. Many of the creators of NBC's Saturday Night Live, including Michael O'Donoghue, the Chief Writer, are Lampoon alumni. That show's Not-Ready-for-Prime-Time-Players Chevy Chase, John Belushi, Gilda Radner...
Indeed, the important decisions at Bremen appeared to stem directly from German initiative and French endorsement. The centerpiece of the discussions was the new European monetary system, a Schmidt brainchild first brought up at a Community summit at Copenhagen last April and approved in principle by Giscard at a meeting with the West German leader in Hamburg two weeks...