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...According to a study by Louisville's Fair Housing Council, Jefferson County's school- desegregation program reduced residential segregation to such an extent that by 1990, though only 17% of the area's residents were black, a mere one-quarter of 1% of the population lived in a census tract without black neighbors...

Author: /time Magazine | Title: THE END OF INTEGRATION | 4/29/1996 | See Source »

Though they share many organs, including a single large liver, a bladder, intestines and a reproductive tract, their nervous systems are distinct. Tickle Abby on her side anywhere from head to toe, and Britty can't feel it--except along a narrow region on their back where they seem to share sensation. The girls experience separate hungers and separate urges to urinate and sleep...

Author: /time Magazine | Title: THE MOST INTIMATE BOND | 3/25/1996 | See Source »

...McDougal was intrigued, especially because the acreage had a lot of frontage on the White River. The river descends through the rugged terrain of north-central Arkansas and has stretches of white water, making it popular for rafting expeditions and with fishermen. Like McDougal's previous investments, the large tract seemed ideal for subdividing and reselling as individual lots...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

Given that Wade was a founder and director of the Citizens Bank & Trust Co. of Flippin, it wasn't surprising that McDougal turned there first to finance the purchase of the 101 tract, with Wade's encouragement. The loan officer was a young senior vice president, Frank Burge, who was soon to be named president of the bank. The president then was James Patterson, who happened to be one of the investors in 101 Development Corp., which was selling the land...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

Though nobody focused on it at the time, the economic prospects for Whitewater were rapidly fading. Essentially an impulse purchase from the outset, the returns were never likely to be all that high. The original tract of 230 acres, for which they paid $203,000, was carved into 44 lots, whose combined list prices (which in practice would never have been realized) amounted to $459,000. With estimated development costs and interest of $93,000, less commissions and closing costs of 15% of sales revenue, the net proceeds would have been a maximum of $95,000 to be divided between...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

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