Word: horwath
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Dates: during 1950-1959
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...clubs; they went up as much as 120% in Detroit alone last year, almost 20% in Los Angeles in the past few months. The villain is the cost spiral that hits country clubs so hard that only the biggest operate in the black. The average club, according to accountants Horwath & Horwath, comptrollers general of the country club set, suffered a 7% operating loss last year...