Word: ruth
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Dates: during 1990-1999
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...wanted the kids to be proud of me, wanted to increase my nest egg," says Ruth Crosson, 79, of Golden, Colo. She pooled her life savings with money borrowed on an insurance policy and turned over $100,000 to Richard O'Donnell, an insurance agent who had vowed after the death of her husband 10 years earlier that Crosson would be taken care of. Over the years, O'Donnell told Crosson and 17 other victims that he would invest their money in insurance ventures that would pay them dividends of 13% a year. Actually, he was running a Ponzi scheme...
Still, few writers get rich from simply writing. Simple Abundance is now a registered trademark, and there are calendars and audiotapes. But merchandising is less offensive when the author gives 10% of her earnings to charity--$250,000 already this year to the House of Ruth, Habitat for Humanity and the Pediatric AIDS Foundation, among others. And whether Journal is a book or not, it became, with Oprah's help, No. 1 on the Wall Street Journal's best-seller list...
Word on the street is that Ruth Messinger, Democratic Mayoral contender, doesn't have a shot against incumbent Republican Mayor Rudolf Giuliani, mainly because of the crime issue (New York is now safer than at any time since 1964), and because the city is reaping the benefits of a strong national economy. Maureen Dowd dubs Giuliani "the happy dictator" in the New York Times, and people crack jokes about how all New Yorkers want is for the trains to run on time...
After his wife's death in 1993, Chasteney established the Ruth Goodhue Chasteney Memorial Endowment at the UA Library in her memory...
...Chasteney married Ruth Goodhue Chasteney, the first woman to become managing editor of a Time publication...