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Robin L. Hornstein Plantation, Fla...
Some bankers were unhappy about he bidding battles. Said one Massachuetts S and L executive: "There is no doubt hat some institutions have reacted in an undignified manner." Edward Melcher, enior vice president of Atlantic Federal Savings & Loan Association in Fort Lauderdale, Fla., which did not join the fray, said it reminded him of a price...
...crocodiles flourish elsewhere in the Middle East, but not in Israel. Guy Ben-Moshe, who is developing a tourist attraction near the southern Golan Heights, offered to pay up to $1,000 per alligator to further his own resettlement scheme. Joel Smith, who runs an alligator farm near Gainesville, Fla., packed 120 of the reptiles, from 1 ft. to 10 ft. long, into burlap-lined wooden crates and sent them off on an El Al jet. After arriving, one nosed its way out of its crate in a truck en route to the Golan Heights and fell onto the road...
Some GM dealers say that the interest-rate publicity is helping sales in a normally slow period. Dick Shirley, general manager of Don Mealey Chevrolet in Orlando, Fla., reports that the program boosted his sales by 67% during the first half of August over the same period in July. Other dealers are angry because they are partially paying for the loan scheme; GM has cut the commission it pays to dealers for steering customers to GMAC. Yet after two years of a dismally poor car market, salesmen are happy to back any plan that helps to move autos...
DIED. Joseph Curran, 75, booming-voiced founder and longtime president of the National Maritime Union of America; of cancer; in Boca Raton, Fla. Curran took to the sea at 16, got fired for leading his first strike in 1936 and founded the seamen's union the next year. A rough-and-tumble organizer, he ruled the union from 1937 to 1973, building membership to 100,000 after World War II. Fewer than 20,000 active seamen are members today...