Word: clevelandism
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Denver 128, Cleveland...
Phoenix 113, Cleveland...
Chicago 108, Cleveland...
...confounded owners of the 52 existing dealerships, each of whom has spent about $2 million in start-up costs. "I've got 45 deposits from customers for new cars, but I've received only six cars," laments Karen Tibus, president of a Plymouth, Mich., franchise. A dealer in Cleveland says he's lost 20 sales because of the delays. Saturn officials are reportedly considering ways to compensate dealers for the business they have lost...
...hard to imagine what the owners of Cleveland's abandoned 76-room TraveLodge motel must have thought when Sister Loretta and Sister Donna announced that they wanted to buy what they called a "notorious cathouse." "Sister Donna and I had about $1.98 between us," recalls Sister Loretta. But the two nuns of the Sisters of St. Joseph had other assets, acquired during years of working to help the poor against heavy odds, that they leveraged into a remarkable deal. They managed to raise the $270,000 purchase price from banks, churches, government organizations and James Rouse's Enterprise Foundation -- plus...