Word: membership
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Dates: during 1970-1979
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...Cahnman began playing the Chicago market three years ago when he gave up his job as a computer-time salesman, scraped together $5,000 and bought a permit to trade Ginnie Mae futures. Although he refuses to divulge his earnings, he has done well enough to buy a full membership in the Board of Trade for $135,000, which allows him to wheel and deal in all phases of the market. But there have been frightening lurches along the way. "Three tunes I've lost massive amounts of money," admits Cahnman, who is married to a schoolteacher...
Company fitness programs range from simply subsidizing employee membership in the local Y.M.C.A. to constructing elaborate exercise centers. The Mitre Corp., a nonprofit engineering firm, sank $10,000 into equipping the basement of its Bedford, Mass., headquarters with showers, lockers, rowing machines and weight-lifting gadgets. Xerox Corp. runs seven exercise centers; the most lavish overlooks the Potomac River at the company's International Center for Training and Management in Leesburg, Va. The $3.5 million facility includes a putting green, a soccer field, a swimming pool, two gyms, four tennis courts, two racketball courts, a weight-lifting room...
...environmentalist, but I believe in keeping as much land intact as we can." He paid about $5 million for five adjoining cattle ranches that totaled 5,119 acres, then in 1971 established his park with amenities that include more than 850 campsites and a large bunkhouse. After setting his membership ceiling at 2,500, he sold his first shares at $4,590; the last ones went for $9,000, leaving him a profit of more than $1 million...
...role, nature and extent of student opinion and input into administration policy and decisions in each of these areas. But these conference committees have spurred the formation of parallel committees at Harvard. These committees are the perfect opportunity for interested students to find each other and begin working; membership on each of the committees is always open to any Harvard-Radcliffe undergraduate...
Calling the club his "second home," he eats lunch there every day. Nothing that the membership is probably less friendly than it used to be, he adds, "but I'm prejudiced; all my friends are dead...