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...built around medium-size properties near big cities to capture the day trippers and weekenders who account for nearly half the ski business. He bought back his old meatpacking operation in 1994 and added adornments such as a barge business in the Pacific Northwest and a group of golf courses in Montana. Have the bankers lost their marbles again? Yes and no. Sure, Gillett went bust by taking on too much debt, but he was a proven operator who increased Vail's yearly profits from $5 million in 1985 to more than $45 million in 1991--still not enough...

Author: /time Magazine | Title: SKI MOGUL GEORGE GILLETT: KING OF THE HILL | 12/29/1997 | See Source »

...VOLKSWAGEN: "SUNDAY AFTERNOON" Most car ads talk about the car or the life-style of its owner. VW's infectious spot does neither. Instead, it shows two slacker twentysomethings cruising aimlessly around a desolate stretch of Los Angeles in their VW Golf to the monotonous ditty Da Da Da. They retrieve an abandoned chair from the street, only to discard it minutes later after detecting its stench, then drive off, leaving viewers with this message about the car: "It fits your life or the complete lack thereof." The spot breathed new life into its sound-track song, a 1982 release...

Author: /time Magazine | Title: THE BEST ADVERTISEMENTS OF 1997 | 12/29/1997 | See Source »

...special events sponsored by the city of Conyers; she takes voice and piano lessons, and performs with a kids' musical group. (Her dream is to be the next Bette Midler.) A freshman at Salem High School, she has joined a literary club and is trying out for the golf team. On top of all this, there is the Sock It to Me campaign...

Author: /time Magazine | Title: KIDS WHO CARE | 12/15/1997 | See Source »

Still to be decided is what will happen to the mile upon mile of manicured lawns, handsome red-roofed houses, schools, supermarkets, golf courses and offices to be vacated in the Canal Zone and U.S. military bases and known collectively as the "reverted areas." Though what was returned before 1994 is generally derelict, the government has elaborate plans for the rest, including the creation of export manufacturing zones, hotels and eco-tourism. A few contracts have been signed...

Author: /time Magazine | Title: THE CANAL CRONIES | 12/15/1997 | See Source »

...difficult to have common ground," she said, when the socializing that goes on between her company and its Fortune 500 clients is dominated by sports-related conversation and golf games...

Author: By Erika L. Guckenberger, CONTRIBUTING WRITER | Title: Panel Discusses Obstacles to Women in Business | 12/9/1997 | See Source »

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