Word: skyrocketed
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Dates: during 1960-1969
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...sticking to acquiring existing real estate with a minimum of cash and a maximum of imaginative borrowing, Zeckendorf pushed Webb & Knapp into such unfamiliar enterprises as hotel management, urban renewal and building construction. By 1960, he had $500 million in construction projects under way. When costs began to skyrocket beyond his original estimates, Zeckendorf was unable to pay them. He began mortgaging his assets, borrowed money at excessive interest rates, some higher than 20%. He answered his critics by saying: "I'd rather be alive at 18% than dead at the prime rate...
Better with Grips. It all began with the most frightful jitters. "Sure, she's a skyrocket on Broadway," said her manager. "But if 50 million people watch the show, 30 million will be watching someone they've never seen before." Such gloom about a girl whose five record albums all shot over the magic $1,000,000 mark in the past year - but it was catching. "The men in suspenders will never watch it," Barbra predicted, which led her to worry about "this family called Nielsen. Everyone asks, 'What are the Nielsens watching?' They think...
Take the case of the Springfield, Mass., Armory, the oldest arsenal in the U.S., cradle of American industrial small arms, authorized by George Washington and the Third Continental Congress, now being phased out as an economy move. Economy? Watch prices of small arms skyrocket if the armory is forced out of the business it knows so well...
...outbreak of World War I, Hoover declared, "Let fortune go to hell," abandoned business interests that were about to skyrocket in value, plunged into a selfless life of public service. Working in London, he helped some 120,000 Americans who were stranded in Europe without convertible currency, accepted their lOUs, and raised enough cash for the Americans to return home...
Allen has been gabbing for pay ever since his student days at the University of Alabama, when, as Mel Israel, he broadcast Alabama baseball and football games and was so renowned for his glibness and precocity (he matriculated at 15) that he was nicknamed Skyrocket. Son of a dry-goods merchant, he studied law but before he started practice he got a call to big-time broadcasting and could not resist it. Almost at once he was assigned to the Yankees, and the Yankees have been a major part of his life for 25 years. He has never married...