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Eugene G. Kraetzer Jr. '29, who worked on the agreement as an assistant secretary to the Corporation, confirmed that Harvard had received offers of over $1 million. Although Kraetzer said last week that Cohn "never followed up on the thing," in a 1971 letter to Cohn's real estate broker he wrote that former treasurer of the Corporation George F. Bennett'33 was disappointed with Cohn's offer...

Author: By Natalie Wexler, | Title: University Sells Property; Vineyard Residents Angry | 12/2/1974 | See Source »

...papers. Protesting his innocence, Cruse shot back in righteous anger: "You'll see, I'll be the Nixon of Bordeaux." That prediction turned out to be more accurate than he could have possibly wished. Last week, in a criminal court, Cruse, his cousin Yvan, a freewheeling wine broker named Pierre Bert and 15 lesser merchants were on trial, charged with falsifying labels, tampering with official documents, and trying to sell doctored wine...

Author: /time Magazine | Title: FRANCE: Is Bordeaux Blushing? | 11/18/1974 | See Source »

According to a bill of particulars filed by four inspectors, the scandal began when Broker Bert bought up huge quantities of cheap red wine from the Midi in 1973, when prices for Bordeaux reds had soared in a speculative binge. He also bought quantities of Bordeaux whites, whose prices were not rising. One odd loophole in the government's appellation controlée regulations was that official papers for wines were marked by region of origin but not by color. Bert was accused of switching the papers for the two batches of wines by stamping blanc on the Midi...

Author: /time Magazine | Title: FRANCE: Is Bordeaux Blushing? | 11/18/1974 | See Source »

Shaffer took time deciding to make the theater his career. Born in 1926, he and his twin Anthony (who wrote Sleuth) grew up in Liverpool. Their father, an Orthodox Jew, was a successful real estate broker. In 1944, both sons were conscripted to work in the mines. Under the Bevin plan, depleted mines were beefed up by youngsters chosen by ballot. "It was wicked work," recalls Shaffer. Later he went to Cambridge, where he toyed with the idea of writing, and then he and Anthony teamed up to turn out three detective novels, long since out of print. Peter drifted...

Author: /time Magazine | Title: Show Business: Showman Shaffer | 11/11/1974 | See Source »

...Houston Police Lieutenant Joe Gamino, 37, father of two small children, tried to buy a new house several months ago but could not meet the $34,000 price. After two pay raises and a promotion within six months, Gamino went back to his real estate broker, only to learn that the same house now costs $38,000 and thus is still out of his reach. The Gaminos will stay in the small, cramped house that they already have...

Author: /time Magazine | Title: HOUSING: The Year That the Building Stopped | 10/28/1974 | See Source »

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