Word: repeats
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...only 55 attended the swap, Lovig declared himself "unhappily happy" about the event. Said he: "I'm unhappy there's not a larger crowd, but I'm happy because when was the last time so many people like this gathered in one office?" Lovig, who might repeat the event next year, had another reason to be satisfied. In the first 20 minutes of the swapping, he traded his Learjet for a casino in Las Vegas...
Wall Street's gloomiest forecasters argue that sky-high borrowing costs are literally ruining the business environment for American industry. Says Raymond Dalio of Bridgewater Associates, a Wilton, Conn., economic forecasting firm: "I think we'll see a repeat of the Crash of 1929. The only way we can avoid a further acceleration of failures is to get a substantial break in interest rates accompanied by a sharp increase in economic activity. That has not happened, and that is why I believe we are already in the early stages of a depression." Dalio expects the Dow to drop...
...million to Resorts' drop in May, and when Engelbert Humperdinck appeared there over the Fourth of July weekend, the casino set all-time records. Says Norton: "We've basically eliminated most of the performers who don't cover their own costs." No casino is likely to repeat the mistake of the Aladdin Hotel, which put Donnie and Marie Osmond into its Baghdad Room last summer. "Their crowds drank Cokes and left," says one Vegas marketing analyst...
...father promised not to take Pete away on the family's summer vacations. "I never set foot out of Cincinnati," Rose says uncomplainingly, "until I went off to the minor leagues." Rather than allow summer school to intrude on a baseball season, Pete's father made him repeat the tenth grade. "My dad and I lived sports together. We were playing basketball together in 1970 the night before he had a heart attack and died...
...white Mineworkers' Union is fighting to preserve the job reservation system. Union officials have warned that if blacks are issued blasting certificates there will be a repeat of the 1922 "red revolt," when mineworker riots forced then Prime Minister Jan Smuts to declare martial law. At the annual meeting of the union's general council, Mineworkers' President Cor de Jager denounced the government commission's recommendation that skilled jobs be opened to all races. Said he: "For the sake of the money bosses and the blacks, the white workers are to be placed on an altar...