Word: chicago
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Dates: during 1980-1989
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...problems, particularly financial ones. TIME's correspondents who reported this week's cover stories on the fortunes of Jim and Tammy Bakker and their fellow televangelists faced constant reminders that their subjects are as widely noted for their business acumen as for their spiritual charisma. "To some critics," observes Chicago- based Correspondent Barbara Dolan, "these people appear to be almost comical with their emotional appeals. But that faith-healing showmanship can hide the mind of a Wall Street banker...
...bulls can be seen any day with their drug-dealer owners on the corner of Ninth and Butler streets in North Philadelphia. The dogs, with names like Murder, Hitler and Scarface, wear metal-studded collars concealing crack and cocaine and the day's proceeds. They are equally visible on Chicago's West and South sides, where teenage boys have taken to brandishing their fierce pit bulls just as they would a switchblade or a gun. "It's a macho thing, like carrying a weapon," says Jane Alvaro of the Anti-Cruelty Society...
...high-tech stock trading. The company has spent more than $30 million to become computerized, and plans to lay out an additional $100 million for advanced equipment, including satellite links between headquarters and the branch offices, over the next four years. Jones has expanded cautiously into the suburbs of Chicago and Kansas City, but the firm still primarily looks for homes where the buffalo could roam. Says Jones Managing Partner John Bachmann: "We're not going to fiddle with the formula that has proved successful...
Nearly every investor develops a personal method or specialty. Investor Tedd Determan of Chicago, who puts most of his $1.4 million portfolio into small, fast-growing stocks, often invests in companies whose products he appreciates as a consumer. A confessed "popcorn freak," he savored the brand made by Golden Valley Microwave Foods, and so he bought the company's stock. It has gone up nearly 70% in value during the past year. In another instance, Determan was so impressed with the service at Jiffy Lube International, a franchised auto-service chain, that he bought 3,000 shares...
...David Halevy, Jerry Hannifin, Steven Holmes, Neil MacNeil, Barrett Seaman, Elaine Shannon, Alessandra Stanley, Dick Thompson, Nancy Traver, Bruce van Voorst New York: Bonnie Angelo, Joseph N. Boyce, Sandra Burton, Mary Cronin, Jennifer Hull, Thomas McCarroll, Jeanne McDowell, Raji Samghabadi Boston: Robert Ajemian, Joelle Attinger, Melissa Ludtke, Lawrence Malkin Chicago: Barbara Dolan, Lee Griggs, Harry Kelly, J. Madeleine Nash, Elizabeth Taylor Detroit: B. Russell Leavitt Atlanta: Joseph J. Kane, Don Winbush Houston: Richard Woodbury Miami: Marcia Gauger Los Angeles: Dan Goodgame, Jonathan Beaty, Elaine Dutka, Jon D. Hull, Michael Riley, James Willwerth, Denise Worrell San Francisco: Paul A. Witteman, Cristina...