Word: housing
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...conservative moneymen of Europe for years treated Bernard Cornfeld, the Brooklyn-bred magnate of mutual funds, as though he had financial halitosis. Many prophesied an early demise for his Investors Overseas Services, which flouted tradition and aggressively sold mutual funds to investors abroad, much as Fuller Brush men peddle house hold wares in the U.S. Now that the raff ish upstart has built I.O.S. assets to $1.8 billion, he has become too rich and powerful to deride. Investment hous es seek Cornfeld's favor, and continental bankers have begun imitating his sales methods. Last week I.O.S. brought...
Five of the reservation's neediest families were chosen at random for the hous es. Once selected, however, the families had to be talked into accepting the new homes. One reason for their reluctance was that the relatively luxurious housing is bound to cause jealousy and antagonism on the part of the other 45 families. Besides, without electricity and with a constant firewood shortage, the dwellings will be impossible to heat...
Mann and Taylor discovered the existence of this quirk by spending a sum mer month questioning people waiting in lines at sporting events or movie hous es. With uncanny precision, the research ers found, the mood of the queuers changed at the mysterious but universally recognizable dividing point. Ahead of it, people estimated the length of the line and their chances of success quite accurately; often they would over estimate the number of people ahead of them as a pessimistic cushion against being disappointed. But just behind the point, people consistently underestimated the size of the crowd ahead of them...
...cret proceedings underscored the hierarchy's attempt to establish a more open and democratic style. Some of the bishops visited the Houston Space Center, and on the eve of the conference, a dozen of them made an even more extraordinary gesture toward modernity. Journeying across town to Hous ton's All Saints Church, they met for two hours with 200 Catholic priests, nuns and laymen, many of them identified with dissident causes...
...Atlanta, a preacher who had al ready looted a sackful of Bibles was trailed to a grocery, where he tried to make off with a dozen steaks. In Hous ton, an irate father brought his two daughters back to a department store, to gether with the $460 worth of clothes they had shoplifted. In San Francisco, a family of 1 5 - including mother, broth ers, sisters and cousins - swept through a department store and collected hundreds of dollars worth of goods. Detectives who trailed them found that the father was waiting outside in the family car with the motor running...