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...Foreign investment in the U.S. Cheaper dollars have led European investors, particularly West Germans, to buy American properties at bargain rates. Says Zurich Real Estate Broker Richard Ufer: "Ten years ago every German millionaire wanted to own a jet. Now the status symbol is a farm in America." But as the dollar's value sinks, some foreign investors are having second thoughts; profits on their U.S. investments are earned in dollars that are worth a declining number of marks and Swiss francs. The possibility is growing that foreign investors will pull much of their capital...

Author: /time Magazine | Title: Business: Some Reasons for Worry | 1/16/1978 | See Source »

...week, Tony is a nobody in a dull job with an unrewarding family life. Yet once he enters the 2001 he becomes an object of respect, of admiration, of attention. As he and his friends walk in, the crowd parts. People's heads begin turning, just like a "My broker is E.F. Hutton..." commercial set to music. Beautiful women come to Tony's table to ask him to dance, or to be allowed to wipe off his sweaty forehead. And Manero can really dance...

Author: By Eric B. Fried, | Title: Only a Slight 'Fever' | 1/9/1978 | See Source »

...stirred diplomatic movement in a useful way and led Sadat to know that the U.S., too, had a leader willing to consider new approaches. Secretary of State Cyrus Vance, another new figure in the equation, served as a stabilizing influence by impressing both Arabs and Israelis as an honest broker...

Author: /time Magazine | Title: Man Of The Year: Anwar Sadat: Architect of a New Mideast | 1/2/1978 | See Source »

Vance too helped create a political environment conducive to new initiatives by the Middle Eastern leaders. In his trips to the area and in his home-front version of shuttle diplomacy between Washington and the United Nations, he established himself as an honest broker, trusted by both sides. In his methodical, patient, lawyerly fashion, he led his Arab and Israeli counterparts through a hard-headed analysis of the political and territorial issues dividing them. The result was a clearer appreciation that traditional confrontation tactics, combined with a reliance on outside mediators, had run their course, and that the time...

Author: /time Magazine | Title: The World: Carter Too Played a Part | 12/5/1977 | See Source »

...requires enterprising detective work-and luck. The U.S. Attorney for western Pennsylvania, Blair Griffith, for example, has won 20 arson convictions based on the federal crime of mail fraud. Griffith relied on an arsonist turned informant: Merrill H. Klein, 53, a self-styled "business consultant" who worked as a "broker" for landlords eager to torch their property. After pleading guilty in 1974 to helping burn down a hotel in Bedford, Pa., Klein agreed to testify for the Government in three other arson cases he was also connected with, hoping his five-year sentence would not be increased (it wasn...

Author: /time Magazine | Title: The Nation: Arson for Hate and Profit | 10/31/1977 | See Source »

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