Word: reasonlies
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Dates: during 1970-1979
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...father went to Princeton and he told me the only reason he could think of to go to Harvard was the Harvard Club, which was the nicest club in New York," Walter N. Rothschild Jr. '42, president of the Harvard Club in 1978, says...
...been very popular, more popular than one might have guessed, with younger women graduates for a very specific reason," Rothschild says. "Women in business today like to take clients to lunch the way men do and it's hard. You go to a restaurant with a man and the waiter will inevitably give the man the check. This way the women like to be able to take someone to their club," he adds, but women remain greatly outnumbered in what is still essentially a male institution...
...Richard F. Conway '76 and many other young graduates the reason for joining the club is that it is "very cheap compared to most other New York clubs and I wanted a place to play squash...
...pride and politics. A rising stock price confers more prestige on corporate managers than one that is just high. Despite IBM's dazzling record of sales and profit gains, its stock, adjusted for past splits, sells for a bit less than it did ten years ago. Reason: institutional and pension fund managers hold about as many IBM shares as they care to, since they want to maintain balanced portfolios, and the stock has been too expensive for all but the richest individual investors; so demand for the shares has declined. Politically, the more widely a company's stock...
...trend. Made for a mere pittance ($2.5 million), National Lampoon's Animal House, a high-velocity farce about fraternity life in the '60s, has made $102 million. Crude and silly, Animal House has an abundance of animal spirits, which is what audiences seem to want. Whatever the reason for its success, "Animal House is just the beginning, not the end," says Paramount Head Barry Diller. "That kind of Saturday Night Live consciousness, that visual entertainment, will become a" staple," Another zany sleeper was Up in Smoke, one long giggle to the age of dope, dealing mainly with...