Word: marline
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...compete with the Big Three's intermediate-class cars, will be available in eight models ranging from a station wagon to a convertible. Abernethy has also given the Classic a face-lift and tooled up for a fastback sports car that will probably be called either the Marlin or Sceptre. The handsome American compact will continue almost unchanged. Abernethy has no intention of abandoning the image of making "sensible cars" that Romney created for the company, but, being a sensible type himself, he wants to have models in the bigger class where affluent Americans are now spending the bulk...
...assets of several hundred failed banks, often picking up unusual properties in the process. One of the most unusual came into the agency's possession when it took over $106,000 in mortgages on a small and sleazy hotel in Houston after the First National Bank of Marlin, Texas, failed in March. What the FDIC has on its hands, it seems, is a brothel...
...former Indiana Congressman who was Lyndon Johnson's first executive appointment. "Banking is a flesh-and-blood business," says curly-haired Joe Barr, "and there's no sense pretending it's not." Whatever part the flesh may have played in the failure of the $3.8 million Marlin bank, Barr is trying to get back some of the blood; the FDIC has filed a $1.2 million civil suit charging that major stockholders of the bank misappropriated funds...
Barr is less disturbed by his odd properties than by the fact that the Marlin bank failure illustrates what may be a trend. Most banks over the years since the Depression have gone under either because officers embezzled funds or showed poor judgment in making loans. But the four banks that have failed in the past 16 months had each been acquired by new management just before failure. Barr fears that unprincipled operators may be taking over small banks, paying themselves inflated salaries to recover acquisition costs, and then selling risky loan paper to their own banks. Barr aims...
...game fishermen naturally think big, and they tend to sneer at anything under 20 Ibs. But there is one little fish found in the world's warm waters that sends saltwater anglers into shivering ecstasy and rates up with the monster marlin and tuna. The name is bonefish (Albula vulpes, literally white fox). The biggest ever caught on rod and reel weighed only 19 Ibs. A ten-pounder is worth mounting in the game room, and a 15-pounder is brags forever. Baseball's retired great, Ted Williams, fishes as passionately as he played. He once landed...