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...since. The introduction of a sporty new sedan, orchestrated by Iacocca, typified the wonderful wantonness. In 1966 he sailed dozens of Lincoln-Mercury dealers to the Virgin Islands, where after a meal on a beach at sunset, an amphibious landing craft thrashed ashore. Out onto the sand popped a brand-new white Cougar driven by Singer Vic Damone, who proceeded to croon...

Author: /time Magazine | Title: A Spunky Tycoon Turned Superstar | 4/1/1985 | See Source »

...welfare will not cover the cost of a New York apartment, the city absurdly winds up spending as much as $1,470 a month to put up the homeless in flea-bitten welfare hotels. Buffalo, by contrast, has 450 beds for 300 homeless, including Robert ("Pastor Bob") Timberlake's brand-new $2.2 million, 153-bed mission, all paid for by private donations. Baltimore has no city-owned shelters; 100 street dwellers are turned away every night from jam-packed private missions. The city is helping private agencies raise money for the homeless by staging a Valentine's Day "Love Boat...

Author: /time Magazine | Title: Coming in From the Cold | 2/4/1985 | See Source »

...When you are put into a brand-new situation, it takes a while to get accustomed, to know what is expected of you, and as you know, the first year was a terrible year. That year is almost wiped out for me. Now I have more self-confidence. It doesn't mean you change as a person. It means you have grown...

Author: /time Magazine | Title: A Talk with Nancy Reagan | 1/14/1985 | See Source »

...This is not some old company refurbishing itself, it's a brand-new idea in brand-new clothes," says Burr. "This is not a social experiment. It's a hard-driving capitalist business. We want to maximize profits, and we want to do very well at that. But we can find a better way to do it, a way that is more friendly and more conducive to people getting out of life what the hell they're trying to get out of it. You don't just want to make a buck. You want people to become better people...

Author: /time Magazine | Title: Man of the Year | 1/7/1985 | See Source »

...firms in the community. "In rural Minnesota, many banks lend money on a handshake," says Daryl Erdman, the Minnesota supermarket owner. "Even if a guy's financial statement is a mess, the banker knows he's good for it. What happens if Chase Manhattan puts a brand-new East Coast M.B. A. in here...

Author: /time Magazine | Title: Banking Takes a Beating | 12/3/1984 | See Source »

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