Word: investors
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Dates: during 1980-1989
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...schemes have sprung up in California, where prices are generally highest. To buy a $244,000, three-bedroom house last year in suburban Orange County, Elise and Rick Petree, engineers with a combined annual salary of $70,000, used an increasingly popular technique known as equity sharing. A private investor put up $22,950 for their down payment, and a local firm called CoEquity, which pioneered such deals in the area, provided $12,200. The Petrees invested $10,000 and now make $2,220 in monthly payments, including $1,872 to the mortgage lender, $229 to the investor...
Huhne said the club will bring "professionals and experts" to the April 15 conference at the Cambridge Marriott Hotel, which accommodates up to 250 people. In addition, Ed Rippey '89 said investor T. Boone Pickens had expresed "interest" in speaking at the conference...
...riots left Liberty City among the least redeemable pieces of real estate in the nation. No private investor in his right mind would risk opening a business on Seventh Avenue, where a looted Pantry Pride grocery hulked on the corner, a symbol of the destruction. Unless local officials did something "very different and dramatic," warned Otis Pitts, Liberty City would erupt again...
...evening out for two can inflict triple-digit damage. "It's cheap entertainment," says New York banker Stephen Eisenstein. "You can come by and meet a friend and chat -- or not -- as you choose." Nor is the sport as physically demanding as the swingles scene. Says real estate investor Miles Levine: "Sex and drugs are out. We're going back to a more conservative time...
...turn a profit, but they did it over a company in which they were a major shareholder. This same company, RJR-Nabisco, has not only received harsh criticism and censure for agressive and unethical business practices in many Asian and Third World nations but is also the fourth largest investor in the apartheid state of South Africa...