Word: buffalo
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...most aggressive thrift institutions is Goldome, known as the Buffalo Savings Bank until last February. In a three-month period ending in March 1982, its assets surged from $3 billion to $9 billion, making it the second biggest savings bank in the U.S. Architect of the expansion is Ross Kenzie, a former Merrill Lynch executive vice president who became president of the Buffalo Savings Bank in 1979. Says Kenzie: "At this bank, there is a bias toward action." Goldome's acquisitions include three failing thrifts that the Federal Deposit Insurance Corp., the Government's watchdog for the banking...
Because the turnover in the old Big Five is so low, America's crop of young, conservatory-trained symphonic players-by common consent the best in the world-have flooded the ranks of the second-tier orchestras. A noteworthy result is that groups like the Buffalo Philharmonic, the Denver Symphony or the Utah Symphony often can play contemporary music better than some of the top-ranked ensembles; what these musicians may lack in individual instrumental richness they more than make up for in their ability to sight-read the most fearsome modern score with ease...
While patrician orchestras such as Boston, Cleveland and Philadelphia, with their large subscriber lists and potent fund-raising capabilities, continue to operate without a financial loss, others are almost perennially troubled. The Buffalo Philharmonic, nearly $1 million in debt, scaled back its season last year from 48 to 40 weeks; the Detroit Symphony, suffering along with its city from the recession, has an accumulated deficit of nearly $2.7 million. Despite Rostropovich's name value, the National Symphony showed a $2.2 million loss last year...
Boston 3. Buffalo 2 (Boston with series...
Boston 9, Buffalo 0 (Boston leads series...