Word: reals
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Dates: during 1960-1969
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...tough-talking product of Brooklyn slums who, together with City College's Don Peterson, helped organize the institute, and did much of the lecturing. "In the afternoon, they went into combat They weren't going out on no field trips to see the natives. The real contents of the course was in the streets...
...against inconsistencies: "Four chapters have described Gillian's body in terms of alabaster," he noted. "Two have insisted she is heavily tanned. For future reference: she will be lightly tanned during the summer months; the word alabaster will be appropriate beginning midway through the month of November." The real problem, however, was in the quality of the writing. "Everybody has the feeling they can write a bestseller," says McGrady. "But it simply isn't true. Some of the chapters were much too good, and I had to work like hell to make them bad enough...
...institutional investment accounts, each of which usually must have a minimum of $200,000. Portfolio managers service the proverbially helpless richman's widow as well as the young business-school graduate who uses his M.B.A. training to turn the modest old family firm into a gold mine. Real estate experts on the bank's 1,200-man staff will advise on matters like buying a villa on the Mediterranean. The bank also lends money for many investments. Altogether, the company charges the usual brokerage commission plus advisory fees, which can run as high as three-quarters...
...investors? Not long ago an East Coast surgeon developed a new operating-room device in his home workshop, and it sold so well that he found himself worth $14,500,000. He turned to U.S. Trust. The bankers set up an estate for him by making three real estate investments, buying a portfolio of tax-free municipal bonds and long-term growth stocks, and setting up trusts for his two children. Estate advisers even thought of future grandchildren and provided trusts for them in the doctor's will. "By creating charitable trusts," says Vice Chairman Johnson, "it is possible...
...disks of the octopus, bitten by the squid, carrying the buried bills of swordfish, a few of this year's crop of calf whales may survive to be 75. But most of those that escape the whalers' harpoons will succumb to what Dr. Scheffer suggests are their real enemies: "The small, erosive, unimpressive costs of living . . . broken teeth and bones, poisonous foods, and all the thousand natural shocks that flesh is heir...