Word: golfed
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Dates: during 1980-1989
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...arrive at such a sorry state? Traditionally, running a thrift was a relatively tranquil business. S & L managers used to follow what was known as the 3-6-3 rule: pay depositors 3%, lend money at 6% and tee up at the golf course by 3 p.m. When interest rates remained stable, the strategy worked well. But by the late 1970s, thrifts began steadily losing depositors to the new money-market funds, which were not covered by deposit insurance and paid higher interest rates...
Wellfleet and Truro are next to each other and about 20 minutes from Provincetown. Wellfleet has a drive-in movie theater (as well as an indoor one), a miniature golf course and a town center with antique shops, clothing stores and a couple of small, mediocre restaurants. But even in these places, like everywhere on the Cape, you can always get a good bowl of clam chowder. The Lighthouse, a restaurant in the center of Wellfleet, is worth a visit, though mostly for its friendly service and delicious blueberry pancakes...
...drive to Vail from Denver, the mountain town will come upon you as a surprise. You've been driving for an hour-and-a-half, the golf course on your left seems endless, when suddenly the red topped roofs and neat rows of town houses, condominiums and shops appears...
...table again. "This time it's for real," says Thayer H. Cabot Jr., director of the Anti-Union Relations Hit Squad, which replaced the former personnel office after the April 1 incident. T. H. Cabot lays out the University's new benefit package--privileges on the Villa I Tatti golf course in Florence, Italy and reduced health care costs at University Health Services...
Seiji Tsutsumi, 61, is the dapper, soft-spoken head of the Seibu Saison Group (1987 sales: $28 billion), a conglomerate of department stores, supermarkets and service organizations. Yoshiaki Tsutsumi, 54, square jawed and hard driving, owns the Seibu Railway group, which operates $400 billion worth of railways, hotels, golf courses and ski resorts. The two are half brothers and have long been locked in intense competition. Last fall the conflict broke into the open when Seiji's Seibu Saison Group acquired the Inter-Continental hotel chain for nearly $2.2 billion, a challenge to Yoshiaki's hotel domain...