Word: buildering
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...Pines' loans shot as high as 16%, and the company found itself seriously overextended. During its last two fiscal years, Sea Pines Co. has suffered losses conservatively estimated at $35 million (figures are not yet complete for the twelve months ended Feb. 29). Once a master builder, Fraser has been furiously pruning his company in hopes of avoiding bankruptcy. Even so, he admits that there is "a 25% chance" that Sea Pines will have to seek a court-ordered reorganization by year...
...year career as a master builder, Finland's Alvar Aalto won architectural award after award, and became perhaps his small nation's most famous figure-in effect, a national monument. When he died last week, at 78, Finland-and indeed the entire world of architecture-mourned his loss...
...constructing a mansion: "Bob, please go ahead and buy the two lots in the name of H.T. [Hughes Tool] Co., and please proceed to build likewise at the company's expense. I think we might get the building job done more economically if the architect and the builder think it is for you at your expense. Many thanks. Howard...
...late Joseph C. Wilson, builder of Xerox Corp., was fond of observing that if his company continued to grow at the meteoric rates of the 1960s, its sales would soon exceed the U.S. gross national product. The implication of that self-evident absurdity: Xerox's growth would have to slow; and it has now come true. Last year the company posted record revenues of $4 billion, but its profits suffered their first decline -a gossamer 1.8% before write-offs, to $342 million-since 1951, when Xerox was a small photographic-paper maker, known as the Haloid Co., in Rochester...
...reader doubts the wisdom of France's aperçu let him examine these stark entries. Albert Speer, author of the bestseller Inside the Third Reich, has unique credentials for speculation on the nature of evil and culpability. The architect was literally the Master Builder of the Third Reich and Hitler's Minister of Armaments and War Production. It was in his ministerial capacity that Speer employed some 5 million slave laborers; it was for that role that he was sentenced at the Nuremberg trials to long imprisonment...