Word: holderness
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...green light goes on, you're not thinking about anything else." The formula appeals equally to love-troubled teen-agers and businessmen with the blahs. One Malibu regular is an 86-year-old retiree; another is a prominent psychiatrist who drives up in his own Shelby G.T. The holder of the Northridge speed record is Joe Granatelli, 23, nephew of the great Andy and son of ex-Driver Vince Granatelli. Says he: "My father asked me not to go into real racing. This way I can race safely. I'll come out here and race maybe...
...Yakult Swallows, First Baseman Sadaharu Oh, 37, blasted a low, inside pitch into the rightfield stands 377 ft. away. It was his 756th career home run-one more than the American major league record set in 1976 by Hank Aaron. Declared Oh, who was promptly named first holder of a National Hero Honors Order by the government: "I have finally put down an unbearable burden." Aaron hailed the slugger's achievement, cabling that "Japan has much to be proud of." (For another broken record, see SPORT...
...raised their prime lending rates. Lance became the Carter Administration's leading critic of the policy. Yet many of Lance's bank loans had interest rates tied directly to the prime rate. When it rose, so did his interest charges. On the other hand, as a major holder of banking stock at the N.B.G., Lance stood to gain-as bank profitability gained-from hikes in the prime...
...Chicago, 92 charged with mail fraud and giving false statements to welfare officials have bilked the public out of nearly $1 million. On the average, they were said to be on the take for more than three years. The purported record holder was a man who had illegally been on welfare for a decade. The Government claims one individual swindled $17,500 during a two-year period, but the mean grab for the 92 was put at $210 a month, or slightly more than $2,500 a year...
...concealed their incomes from the Internal Revenue Service as well. Now TIME has learned that the IRS has launched a broad investigation of amateur athletes, seeking payment of taxes on such concealed income. The Government has started at the top. Dwight Stones, the tall-talking, tall-leaping world-record holder in the high jump, has been under scrutiny by the IRS for several months...