Word: honolulu
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...blizzard of paperwork has sent millions more people than usual scurrying for tax help. Ordinarily, about 40% of all taxpayers require professional assistance. This year that figure is expected to reach 60%. Says Jack Brownrigg, an accountant in Honolulu: "I'm getting a flood of calls from people I never heard from before." Proponents of tax reform contend that the confusion will recede as taxpayers learn the new rules. "We are in the transition part," says Robert McIntyre of Citizens for Tax Justice, a Washington lobbying group. "The system will get simpler as things like consumer-interest deductions are phased...
...short stories to appear in Goodman's book were published in Commentary, a magazine published by the American Jewish Committee. Two plays by Goodman, "Oral History" and "The Wave," were performed at Leverett House last semester. She has also published poetry in the New England Sampler and the Honolulu Quarterly...
...dusted off a couple of past incarnations with a new play, Slam the Door Softly, that was characteristically full of tart one-liners ("I don't want alimony; I want severance pay"). A year later she held a reception for President Richard Nixon at her oceanfront estate in Honolulu before he met with Prime Minister Kakuei Tanaka of Japan. Luce held no position, official or otherwise, with the magazines her late husband founded, but she did not hesitate to let their editors know when she disagreed with them. In 1974, rallying behind an embattled Nixon, she castigated TIME...
...months WSGP has bought up five financial institutions, including Honolulu Federal Savings & Loan (assets: $1.7 billion), Southern California Savings ($1.5 billion) and World Trade Bancorp ($100 million), all for $119 million. The group's method is to look for bargains among sinking thrifts that also possess attractive real estate holdings. Then WSGP strips the institutions of problem loans and injects them with fresh capital, with the aim of selling out at big profits...
Last year, for example, WSGP took over Honolulu Federal in return for $17 million in new capital and $40 million in bonds. The group slashed the marketing budget and cut back operating hours; they also discounted $100 million in bad assets. Now the thrift could fetch as much as $150 million if sold...