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...houses and co-op apartments among themselves - though sellers sometimes have to ac cept paper payment in the form of private mortgages from buyers who cannot get bank financing. Large corporations ease the financial pains of executives who are transferred from one part of the country to another. When Olin Corp. moved Sales Representative Geoffrey Belanger and his family from Old Bridge, N.J., to Boston recently, it gave him an interest-free loan of $13,000, representing his equity in his old house plus estimated appreciation, so that he could meet the down payment...

Author: /time Magazine | Title: HOUSING: The Year That the Building Stopped | 10/28/1974 | See Source »

...ever going to disappear is Soviet covert activities of a political nature. To say détente stops them is grossly naive." Thus Bundy argues that the U.S. should not be precluded from covert actions, but should not use such actions as extensively as in the 1950s. Bowdoin College Provost Olin Robinson, an authority on intelligence organizations in democratic societies, agrees: "Unless you've got a cast of world characters who are willing to play by a certain set of rules, you're going to have covert operations." In other words, the CIA should be left the capacity for covert action...

Author: /time Magazine | Title: INTELLIGENCE: The CIA: Time to Come In From the Cold | 9/30/1974 | See Source »

...rarefied world of 12-meter yachting after the last America's Cup races in 1970. No matter that aluminum-hull boats had never competed in yachting's most prestigious international competition. Designers were convinced that the lightweight metal vessels would be speedier and cheaper to build. Olin Stephens, the world's foremost yacht designer, who conceived three of the last five Cup winners, created Courageous...

Author: /time Magazine | Title: Sport: Knock on Wood | 7/29/1974 | See Source »

Continued Andrews: "He said absolutely nothing revealing. After about five questions, Tiger Teague [Olin Teague of Texas] stood up and said we'd agreed to break it up at 9 o'clock. About half of us had our hands up, and the President agreed to one final question. It was all so pat. And as he left me there in the State Dining Room with my hand up, I thought, 'Good show...

Author: /time Magazine | Title: THE CRISIS: The Secretary and the Tapes Tangle | 12/10/1973 | See Source »

Just since Jan. 1, companies have announced stock repurchases adding up to nearly $1.4 billion-a total already more than double the figure for all 1972. The ranks of the corporate buyers include AMF, American Broadcasting, American Cyanamid, Continental Can, Gulf & Western, INA, Olin Corp., Raytheon and United Aircraft. Gulf Oil, through a tender offer, is acquiring 13 million of its own shares worth around $338 million, making Gulf Chairman Bob Dorsey probably the biggest stock repurchaser ever...

Author: /time Magazine | Title: WALL STREET: The Rush to Rebuy | 4/9/1973 | See Source »

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