Word: jordaning
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Dates: during 1980-1989
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Fuller and Koinonia leader Clarence Jordan started Fund for Humanity, a pool of capital that was used to buy building materials and serve as a mortgage source for people too poor to qualify for bank loans. Modest homes, built with volunteer labor and some donated materials, were sold at cost to low-income families. Their payments, plus donations and other money raised, replenished the fund, and the money was recycled to build even more homes. There were problems: raising seed money and bureaucratic snarls, but it worked. By 1976 he had visions of grandeur...
David Falk, a senior vice president at ProServ who has orchestrated the marketing of his client's wholesome image, says there was plenty to work with when Jordan signed on in 1984, but "there is also an undefinable quality about him that if I could identify, I would bottle and sell." It would probably be an instant best seller, but don't expect Michael Jordan to give away the secret. What, and let the competition gain an edge...
While most economists think the U.S. will be able to putter along without a recession for at least another year, they see the hazard as increasingly difficult to avoid. Says Jerry Jordan, chief economist at First Interstate Bancorp in Los Angeles: "Things are going to get very dicey in 1989. It will be the worst of all worlds." Concurs Allen Sinai, chief economist for the Boston Co. Economic Advisors: "This is the first time in perhaps six years that the word recession is in my vocabulary, and I don't take the word lightly. I see one starting late...
Basketball' s most exciting player, Michael Jordan, is a driven man on the court, but he' s just a kid from Carolina at heart...
...Drapkin (Consulting Picture Editor) Researchers: Dorothy Affa Ames, Martha Bardach, Stanley Kayne, Paula Hornak Kellner, Polly J. Matthews, Gary Roberts, Nancy Smith- Alam, Melanie Stephens, Robert B. Stevens, Eleanor Taylor, Mary Themo Photographers: Eddie Adams, Terry Ashe, P. F. Bentley, William Campbell, Michael Evans, Rudi Frey, Dirck Halstead, Peter Jordan, Shelly Katz, David Hume Kennerly, Neil Leifer, Steve Liss, Robin Moyer, Carl Mydans, James Nachtwey, Matthew Naythons, Chris Niedenthal, Stephen Northup, Bill Pierce, David Rubinger, Antonio Suarez, Ted Thai, Diana Walker...