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Violent crime Marielito-style came to dominate the district slowly, as Castro's ex-inmates moved in from Miami. The new arrivals overran a 25-block area around the intersection of Wilshire and Alvarado. Their criminal specialties are small time: purse snatchings, storefront stickups, car thefts, burglaries. What distinguishes the offenses, however, is the viciousness with which they are carried out. When a robbery victim gave up his wallet to Cuban attackers but refused to yield his ring, they hung him from an iron fence by his hand. The ring came off; so did a finger. When...

Author: /time Magazine | Title: Mayhem and Murder in L.A. | 9/12/1983 | See Source »

...while at least, William Alderdice, 39, and his brother James, 26, seemed to have the Midas touch. During the past three years, they transformed a small storefront jewelry business in Fort Lauderdale, Fla., into the International Gold Bullion Exchange (IGBE), a thriving enterprise with 1,000 employees, branch offices in Dallas and Los Angeles, and 1982 sales of $80 million. William Alderdice, the company's chief executive, bragged that IGBE was the biggest gold and silver dealer in the U.S. In television commercials and ads splashed across such newspapers as the New York Times and the Wall Street Journal...

Author: /time Magazine | Title: Fool's Gold | 5/9/1983 | See Source »

...might have had some trouble last week judging which of two rehearsals for catastrophe represented the more realistic bit of make-believe. The show staged by the Los Angeles fire department to simulate a downtown earthquake boasted the more vivid special effects: smoke from exploding cars billowing over a storefront set; moans from people "dying" in the street. The production put on by the politicians in Sacramento was more muted, but it concerned a calamity, state bankruptcy, that was more certifiably imminent-even as soon as next week...

Author: /time Magazine | Title: Special, and Shaky, Effects | 2/21/1983 | See Source »

President Reagan, after reading a newspaper account of the rescue, telephoned his congratulations. "At first I thought it was Rich Little," said Andrews, who took the call in a storefront church next door because his own phone had been shut off for nonpayment. No less startled was Jamac Frozen Foods Vice President Edward Marbach. He also received a phone call from Reagan, who wanted to put in a good word for Andrews with a Jamac official. "I told him I'd already given him the job in my mind," recalled Marbach. (Andrews will report for work...

Author: /time Magazine | Title: Soul of a Hero | 1/3/1983 | See Source »

...America, with some 300 branches nationwide, provides nurses for temporary hospital and home medical care. The company's CompuServe division supplies a variety of computer-based services, including an electronic mail system for businesses. Through a new subsidiary, Block provides management services to a chain of 65 storefront legal clinics that was started two years ago by Cleveland Attorney Joel Hyatt...

Author: /time Magazine | Title: Boom Time at Block | 4/12/1982 | See Source »

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