Word: macke
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Dates: during 2000-2009
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...spreading to other cities. Vacancy rates are reaching alarming levels in Fort Lauderdale (28.3%), Phoenix (24%), New Orleans (22.7%) and other Sunbelt cities, where the strong economic growth of recent years fanned real estate speculation. As soon as one city is glutted, developers move on to the next. Says Mack Taylor, an Atlanta developer: "When they realized the game was over in Denver and Houston, a lot of them came here...
...yourself plenty of cash if you widen the hallway in the blueprint phase rather than after the house has been built. "It costs $6 a door extra to put in a wider, 36-in. door in new construction, but if you remodel, it costs $650 per door," says Susan Mack, a universal-design consultant in Murietta, Calif...
...venerable firm like Morgan got into this pickle, just do like they do on Wall Street and follow the money. When Chicago's Dean Witter bought New York City's Morgan for $10.4 billion and later adopted the Morgan name, Purcell became top dog. Morgan's John Mack became the No. 2. That didn't sit well with Morganites, but this was near the zenith of day trading and the rise of the individual investor. The blue bloods at Morgan needed an Everyman presence, and Dean Witter (once owned by Sears) fit the bill. They caved to Purcell's terms...
...Instead, Purcell consolidated power by building a loyal board and outmaneuvering Mack, who resigned in 2001. Chicago 1, New York 0. Since then, the Morgan side has had a serious case of seller?s remorse. Why? When the stock market turned down, the retail brokerage business hit the skids. The Ivy Leaguers had sold out for wampum...
...these books and essays were being written, there were other diverse signs that the country was ready to look directly at the Bomb. Surveys begun in 1978 by John Mack, a psychiatrist at the Harvard Medical School, found that large percentages of schoolchildren experience a high degree of fear about impending nuclear war. Harvard's Robert Coles, the author of Children of Crisis, disputes such findings with research of his own. In Coles' studies the only children who worried inordinately about the Bomb were those whose parents were directly involved with antinuclear movements...