Word: vails
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Dates: during 1980-1989
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...greatest amount of flight capital, $28 billion, came out of Mexico. Middle-class Mexicans developed a taste for condominiums in Vail and Aspen, and real estate investments from San Diego to Europe. Venezuela suffered $23 billion in foreign outflows, followed by Argentina with $12 billion...
...came to America in 1970 at the age of 24, eventually settled in Boynton Beach, Fla., and soon amassed a small fortune in the construction business. Handsome and well-tailored, he acquired six parcels of Palm Beach County real estate worth nearly $400,000, took ski vacations in chic Vail, Colo., dabbled in photography and raced cars, finishing a respectable 17th in the Miami Grand Prix (prize: $400). A Jacuzzi bubbled outside his bedroom, a speedboat was moored to his private dock. And, of course, Chris Wilder had a penchant for attractive young women. In an interview for a dating...
...those parents who still dream of down hill glory, resorts like Utah's Snowbird hold racing camps where they can polish slalom techniques while the youngsters run gates in separate classes. On the other hand, Charles Maas, director of marketing at Vail and Beaver Creek in Colorado, says that 15% of the people who come to Vail do not ski: "They want to shop or go ice skating." To amuse family members whose interest in alpine skiing is less than fanatic, resort managers are building elaborate tennis and racquetball courts, heated pools, co-ed Jacuzzis, ice rinks...
...series of famous essays, Vail put forth the idea that fatter profits are not the be-all and end-all of a corporation. Service counts more, he wrote, and the Bell System could deliver it best by being a regulated monopoly that struck a balance between public and private interests. In a 1908 advertising campaign, Vail sounded the theme that prevailed until the current divestiture: "One system, one policy, universal service...
Monopoly, to Vail, meant that AT&T would have U.S. telephone service mostly to itself, in exchange for submitting its rates to federal and state regulatory authorities for approval. Non-Bell phone companies, which handled about half the phones in the U.S. at that time, did not like that idea. Neither did the Federal Government. It questioned Bell at every turn. As far back as 1913, when European phone systems were being nationalized, the Postmaster General advocated Government ownership of the phone system. But a privately controlled monopoly seemed to be the most efficient way to run a national phone...