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Then there was the church. Under the Rev. Ralph Peterson, 45, Saint Peter's had become a lively midtown gathering place. Peterson introduced jazz vespers on Sundays, and made the basement into a lunchtime theater where office workers could eat their sandwiches and watch plays. Saint Peter's had found a new role in the city, and the well-named Peterson was loath to move out. Yet the church held the key position on the block. The solution: Citicorp bought the old church for $9 million, demolished it and built in its place a new structure that included...

Author: /time Magazine | Title: Environment: Classy Newcomer on the Skyline | 12/19/1977 | See Source »

There is no question, though, that Peter G. Peterson, 51, as chairman and president of the combined firm, will be calling the shots for nearly 1,800 employees. A protégé of Illinois Senator Charles Percy, Peterson succeeded Percy as chief of Bell & Howell in 1963, served in various capacities in the Nixon Administration (including Commerce Secretary), joined Lehman in 1973 and within months became chairman. The aristocratic John Mortimer Schiff, 73, now chairman of Kuhn Loeb, will become honorary chairman, and Harvey Krueger, 48, who is now president, will become chairman of the banking policy committee...

Author: /time Magazine | Title: Business: Shell Shock on Wall Street | 12/12/1977 | See Source »

Northeastern's Paula Sternite and Beth Peterson scored six points apiece in the debacle but the key to the Husky rally (or Crimson fold) was Harvard's listless play. The Crimson defenders kept their hands at their sides and couldn't move their feet fast enough to keep up with the Husky's perimeter passing which resulted in open shots from the free-throw line for Sterite and Peterson...

Author: By Bob Baggott, | Title: 'Cliffe Cagers Whip Huskies, 57-53 | 12/6/1977 | See Source »

...Crimson continued to struggle on defense and Peterson stayed hot and with 1:35 remaining the game was tied...

Author: By Bob Baggott, | Title: 'Cliffe Cagers Whip Huskies, 57-53 | 12/6/1977 | See Source »

...overtime the quality of game improved little but the score kept the fans, bolstered by an impatient intramural crowd, waiting for the end. Karen Spencer notched a lay-up, then Peterson made good on four straight free throws for the Huskies. But Sue Field replied with one free throw, missed the second, then was fouled again and sunk the first end of the one-and-one with a rollodrome special. But this time, down with Meredith, she missed the second end and it was double overtime...

Author: By Bob Baggott, | Title: 'Cliffe Cagers Whip Huskies, 57-53 | 12/6/1977 | See Source »

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