Word: saling
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Dates: during 1980-1989
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...Greenberg left teaching for the advertising business, and with a higher salary he could afford to buy gloves regularly; if they were on sale, he bought in bulk. For the next ten years the Bowery became his route every November and December. In 1976 he was in the subway, taking two bags containing $220 worth of newly purchased gloves back to his office, when someone grabbed the gloves and ran. He reported the theft to the police, the New York Times heard of the incident, and for the first time the world read about the "glove...
Visitors almost did not get to see Graceland at all. By 1981, four years after Elvis died, taxes, security and upkeep cost some $400,000 a year. But, says Soden, "you couldn't just plunk down a FOR SALE sign out front. There are people buried up there." Also, Priscilla Presley, Elvis' ex-wife, did not want to part with the home. Although she divorced Elvis in 1973, Priscilla is the mother of his only child and heir, Lisa Marie, 20, and remains an executor of his estate. She gave the go-ahead to turn Graceland into an Elvis museum...
...other investments that have been sluggish since the Black Monday crash, high rollers have sent auction prices for masterworks skyrocketing to unheard of levels. Earlier this month a 1923 Picasso painting titled Birdcage was auctioned for a record $15.4 million, only to be topped four days later by the sale of the 1901 Motherhood for $24.8 million. Then last week a 1905 gouache titled Acrobat and Young Harlequin was sold at a London auction for $38.4 million, a record for a 20th century painting. The buyer was identified as Akio Nishino, head of fine arts for Tokyo's Mitsukoshi department...
Alarm over the narcotics epidemic has ignited a divisive debate over drug laws and the best way to attack the problem. Former Prime Minister Bettino Craxi has called for a drastic reversal of the old law: he wants users punished. "You can't ban the sale of drugs from one side and give freedom to buy them on the other," he argues. Craxi's hard line has drawn fire from liberals, especially Minister for Special Affairs Rosa Russo Jervolino, chief author of a new antidrug law calling for stiffer sentences for traffickers, more support for police, and better rehabilitation programs...
...contra figure, Israeli arms agent and counterterrorism expert Amiram Nir, died last week in the crash of a small Cessna plane in Mexico. The pilot also died, and two passengers were injured. Nir, a former aide to Shimon Peres and to Yitzhak Shamir, worked closely with North in the sale of U.S. arms to Iran, traveled with him to Tehran in the attempted arms-for-hostage exchanges and briefed Vice President Bush on the ill-fated scheme...