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...former executive, on a "theology of building." Recounts Harry Hargrave, a Dallas businessman recruited by Falwell to run the shattered organization: "Jim would build something here, and then he'd have to build something bigger to finish paying for this as well as the enlarged cash flow." That pyramid philosophy led Bakker from his first Heritage Village television studio in Charlotte to Heritage USA and, finally, to the 500-room Heritage Grand Hotel and its sister, the unfinished Heritage Towers. Bakker's ultimate fantasy was a $100 million replication of London's Crystal Palace. A painting of that now canceled...

Author: /time Magazine | Title: Religion: Enterprising Evangelism | 8/3/1987 | See Source »

...Harvard Business School is the preeminent institution in the field and it can and should lead by example," Shad said upon announcing his grant. "In effect, we're starting at the top of the pyramid--with the outstanding faculty and student of the Harvard Business School--but this experience will ultimately permeate the pyramid's much broader base...

Author: By Teresa A. Mullin, | Title: Can the B-School Teach Right From Wrong? | 4/29/1987 | See Source »

...Occultists have long proclaimed the mystical energies of Egypt's Great Pyramid. Now thousands are touting a pyramid again. This time, the draw is money. In Los Angeles and elsewhere, a new form of the long familiar pyramid game, called "Airplane," is luring investors with profits of up to $12,000 on a $1,500 ante -- if they can get on board soon enough. Participants buy into an eight-person "plane," then work their way up to "pilot," and bail out with cash. One Los Angeles player claims her profits flew to almost...

Author: /time Magazine | Title: Scams: Flights of Fortune | 3/30/1987 | See Source »

...downer is that a pyramid payoff requires an ever larger supply of new investors, until eventually the scheme crashes. To protect the unwary, pyramid games have been made illegal in most states. Even so, the craze has spread on college campuses: at the University of Maryland, automated teller machines ran short of cash this month after one high-flying weekend...

Author: /time Magazine | Title: Scams: Flights of Fortune | 3/30/1987 | See Source »

...message as entertaining as possible. Many rooming groups record spoofs of popular shows or personalities. One Leverett group's message parodied Robin Leach, host of TV's Lifestyles of the Rich and Famous, Goldenberg says. One Quincy suite taped a mock-up of the game show $25,000 Pyramid...

Author: By Sophia A. Van wingerden, | Title: When Students Reach Out and Touch Someone or Something | 3/6/1987 | See Source »

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