Word: ownership
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Dates: during 1960-1969
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...homes. In the 1950s, family formations averaged only 830,000 per year, but builders put up houses at an annual rate of 1,200,000 to 1,600,000. Now, because of the 1930s' low birth rates, fewer people are entering the so-called "first stage of home ownership"-the 28-30 age bracket...
PUBLIC POWER : Goldwater voted to free gas producers from federal regulation, opposed federal ownership of Hells Canyon Dam in 1956. But he supported the $1 billion, federally sponsored Upper Colorado River Storage Project, which will mightily benefit his Arizona constituents...
...OWNERSHIP of magazines with Canadian advertising must be Canadian. No magazine must be a licensee of or "otherwise substantially the same as a periodical owned or controlled outside Canada...
After buying the best material they can find, the Mirisch brothers hire the best directors in Hollywood, then give them artistic control over their films, plus part ownership of the negatives. This has attracted such major directorial names as Billy Wilder, William Wyler and Fred Zinnemann, all of whom are currently at work on Mirisch films. Since, as independents, the brothers operate with a negligible overhead (5% v. Columbia's 22½%, lowest overhead of a major studio), there is plenty of money for directors and stars alike. Even other independents shy from the pace of the three...
...Zeckendorf Formula. From the start, Murdock consciously modeled his business and tax techniques on those of Manhattan's high-flying William Zeckendorf (who has had less success with them lately than Murdock). Invariably retain ing ownership of the structures he built. Murdock took advantage of the 1954 change in the Internal Revenue Code permitting accelerated depreciation on buildings. He multiplied his holdings by borrowing against the income from leases and the capital appreciation of the property. Hardly had construction begun on the $6,500,000 Guaranty Bank Building in 1959 when Murdock smelled the possibility of a new killing...