Word: sales
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Dates: during 1980-1989
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...more. Such cozy bench-polishing tactics are not illegal, since Texas is one of only nine states where virtually all judges are chosen in partisan elections. It also has no limits on campaign gifts. "The appearance," says State Senator Frank Tejeda, "is that perhaps justice in Texas is for sale." Anthony Champagne, a University of Texas political scientist, puts it more directly: "You contribute to your friends and hope your friends will take care...
Consumer confidence has suffered along with the market. Reports indicate the dollar value of Christmas sales will wind up 2% to 5% higher than 1986 levels. Because inflation was an estimated 4% to 5% in 1987, sales volume was thus essentially flat. Many stores did well, but it generally took steep discounting to entice shoppers to buy. Even on Beverly Hills' Rodeo Drive, signs proclaimed price cuts of up to 50%. Says Faye Ahrabi, assistant manager of the Chatelaine boutique on Rodeo: "If you didn't have a sale, you didn't make money." The situation is unlikely to improve...
Last week a 9-in. by 15-in. watercolor of old Vienna signed "A. Hitler" was auctioned for $36,000 in Louisville, but not before some two dozen people turned out to demonstrate against the sale. "The only reason the painting has value is because of his name, and his name was made as a mass murderer," said Protest Organizer J. Mary Sorrell...
...knows that it isn't good for the same guy to own all the newspapers and television stations. So Ernest Hollings won some sympathy last week when he said it was "on principle" that he attached to a catchall spending bill a little-noticed provision that may force the sale of two newspapers in a national media group...
...RICHEST SPOOK Andrew Lloyd Webber's Phantom of the Opera, which doesn't open until Jan. 26 but has already had the largest advance sale ($15 million) in Broadway history...