Word: connely
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cities as Denver (19%) and Hartford, Conn. (20%). In South Florida, nearly a million Hispanics (78% Cuban) have spread so rapidly beyond Miami (64% Hispanic) that they sometimes refer to the entire 25-mile-or-so stretch from Miami to the Everglades as Calle Ocho (Eighth Street), after the main drag of Miami's Little Havana...
...decision upheld the so-called New England Compact, which allows mergers across state lines by banks in the region. With the court's verdict, Bank of Boston (1984 assets: $22.1 billion), New England's No. 1 lender, will now acquire Colonial Bancorp of Waterbury, Conn. (assets $1.5 billion), and RIHT Financial Corp. (assets $2.3 billion) of Providence for about $200 million. Said a disappointed Hans Angermueller, vice chairman of Citicorp (assets $150.1 billion), which led the legal fight against the regional pact: "Banking is the only industry that still enjoys local protection...
...season of notably tough-minded women commencement speakers, Northern Ireland's Betty Williams, co-winner of the 1976 Nobel Peace Prize, told graduating seniors at Quinnipiac College in Hamden, Conn., "Men have made enough mess of the world, and it's about time they moved over." At Texas A& M, Democratic Senator Lloyd Bentsen was more ecumenical in his exhortation: "You are our best hope for the future," he said. "Don't blow it." A sampling of the season's other commencement addresses...
...family of five in Greenwich, Conn., with an income of $120,000. They are paying $7,249 in state and local taxes plus $28,000 in interest on a mortgage and various loans. In order to pay for one child's college education, they are selling some stock. The profit is currently taxed at 20% but that would decline to 17.5% under the Reagan plan. The couple's Individual Retirement Account deduction would go from $2,250 to $4,000 under Reagan's program...
...fine was $676,283.30, ten times the amount of gratuities that the company gave Admiral Hyman Rickover, 85. For three decades, Rickover was the boss of the Navy's nuclear submarine-building program, a large part of which was carried out at General Dynamics' Electric Boat Division in Groton, Conn. Lehman also took two Navy contracts worth $22.5 million away from the company, and will reopen them to competitive bidding. Finally, the Navy announced that it would hold up several General Dynamics contracts, including one for construction of the next Trident submarine, until it is satisfied that the company...