Word: palming
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Dates: during 1980-1989
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...meet monthly payments on their $30,000 to $40,000 homes. Their arrears range from $5,000 to $8,000. The group represents just a small fraction of the area's estimated 50,000 jobless steelworkers, more of whom may soon be facing the same problem. Said Andrew Palm, director of District 15 of the United Steelworkers of America, about Coon and Papadakos: "It's tremendous what they did. We're elated...
This is a glamour girl in the coyote fur coat, an American aristocrat, the goddaughter of the Duke and Duchess of Windsor. Cornelia Cochrane Churchill Guest, 19, the youngest child of a socially prominent family, grew up on Long Island and in Palm Beach and New York City. She spent 1982 as a debutante, and all year long the New York gossip journalists mentioned her in print, often dusting off a quaint epithet: deb of the year. "I don't get tired of it," she says, having finished her eggs and her Tab and three more cigarettes cadged from...
...tone of His Honor's 19-page ruling was almost as undignified as the sex-centered Palm Beach divorce trial over which he presided. After listening for 18 days to conflicting tales of adultery, lesbian trysts, incest and drug use, Florida Circuit Court Judge Carl Harper, 55, ruled on the demands by Roxanne Pulitzer, 31, that her husband Peter Pulitzer, 52, pay her a reported $144,000 a year in alimony and child support, give her their $1.5 million estate and custody of their five-year-old twins, Mack and Zack. Terming the demands exorbitant, Harper said they reminded...
...should go to Roxanne, who was unemployed and living in a mobile home before she married Pulitzer, grandson of Newspaper Publisher Joseph Pulitzer, seven years ago. He ruled that she had "continuously engaged in adultery and other gross marital misconduct." Indeed, testimony indicated that she had slept with a Palm Beach real estate salesman, a French baker, a Belgian race-car driver and Jacquie Kimberly, beautiful wife of Kleenex Heir James Kimberly. The judge felt sorry for Pulitzer, he wrote, when he saw "the embarrassment, painful hurt and frustrating concern exuding from his doleful eyes and aging face...
...investor in municipal bonds, it was long thought, also had to own a winter home in Palm Beach and play polo in his spare time. Only the very rich, the reasoning went, would invest their money at low rates in order to receive tax-free interest. However, as inflation has pushed more and more middle-class Americans into higher tax brackets, there has been a growing curiosity about these complex securities. Bond Salesman James Lebenthal has spent ten years trying to raise the public consciousness about municipal bonds, and has gone about the task in an unorthodox way. Instead...