Word: selling
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Dates: during 1980-1989
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Effective as Ceasar is, EPISO's real successes are the product of its rank and file and of a basic strategy called community action: first sell the downtrodden on their ability to bring about massive change within the system, then inspire them to go out and do it. The tactics are ingeniously simple but hardly new. They date to the 1930s when Alinsky used them in an Irish-American slum behind Chicago's stockyards...
...residents will move, then property values will plummet, and the neighborhood will deteriorate. "I'm afraid of what could happen," said one 75-year-old woman. Until 1972 she and her husband lived in Austin, a Chicago suburb that went from predominantly white to predominantly black. "We had to sell our home for nothing," she said. "What happens if this whole doggone neighborhood gets up and leaves? We're too old to move again." She does not know if she can trust her neighbors not to panic and move out. "It's all white people's fault," she said. "Blacks...
...Elliott Wave Theorist ($233 a year). He based his forecasts on a mix of esoteric formulas and offbeat indicators like hemlines: the return of the miniskirt, he said, was a sign of a peak in the market. Prechter issued a warning on Oct. 5, advising his subscribers to sell their stocks. But he did not predict the downturn's severity, which disappointed some followers. "New business has virtually disappeared," Prechter concedes, but he is philosophical: "Going through the valley is something I've done before...
...fact, the term institutional investor is becoming a contradiction in terms. Too many institutions no longer invest. Instead they speculate -- in every type of financial vehicle from options to junk bonds, from real estate to foreign exchange. They are active players in the takeover game, encouraging corporations either to sell out or to engage in highly leveraged restructurings essentially aimed at maximizing short-term trading profits. But while the managers of institutional funds engage in this speculation, the money is not theirs. They are risking the assets of retirees, depositors and policyholders. Since many of these institutions carry the explicit...
...Never mind." Temptations are ubiquitous. Stalls line the main streets of the city from morning to midnight, hawking $10 "Rolexes," 80 cents pirated cassettes, silk ties and suitcases and noodles; river markets assemble impromptu on the canals at dawn; and 40 shiny department stores sell everything from computerized horoscopes to tiger cubs. In Bangkok, moreover, high standards and high prices part company: 100 business cards, laser-printed on the spot, go for $6; 300-year-old Buddhas can be bought...