Buy Beachfront Condos Now

Most people visit Hawaii for just a week or two and then go home. But in the next 20 years, Hawaii must make room for one of the fastest-growing permanent populations in the nation--at least on a percentage basis, the Census Bureau says.

Between 1990 and 2000, the bureau figures, sunny Arizona will have the fastest population growth rate, to 4.62 million residents from 3.75 million, or 23%. Hawaii will be seventh, with 18% growth, and California will be ninth at 15%.

But between 2000 and 2010, Hawaii will grow fastest, with its population jumping 16% to 1.56 million from 1.35 million. Arizona will be second with 15.2% growth, and California will be seventh at 11.5%.

How does Hawaii become top coconut? Bureau demographer Signa Wetrogan pointed to a growing influx of Americans moving west and Asians moving east. But she noted that in absolute terms, Arizona will grow by three people for every person added to Hawaii’s population.

Tripped Up by Boesky

As if Ivan F. Boesky didn’t have enough troubles. Already incarcerated at Lompoc Federal Prison Camp on an insider trading conviction, he’s now being sued for $500,000 for leaving his briefcase in the aisle of an airliner a couple of days before Thanksgiving three years ago.

It seems that the stock speculator was catching up on work during the Eastern Airlines shuttle from Washington to New York just as flight attendant Garvetta Spencer was pulling a cart backward, serving drinks.

In a suit filed in federal court in Virginia, the 18-year Eastern veteran complains that she tripped over the open briefcase, fell against a jump seat and landed near the bathroom door. She was “stunned, then felt a sharp and dull” ache from shoulder to thigh.

Spencer says Boesky’s “negligent, careless, reckless and illegal conduct” permanently damaged her, causing, among other things, a bulging disc.

Bonus Goes a Long Way

If it’s hard to comprehend $200 million as a personal fortune, much less as “junk bond” impresario Michael Milken’s bonus for 1988, consider a short list of things he could have bought for that sum last year:

* Bumble Bee Seafood Inc., the tuna canning firm sought by corporate merger fishermen at Pillsbury and Heinz.

* 91 M-1 tanks or 14 F-16 jet fighters.

* Burbank-Glendale-Pasadena Airport, which was valued at that amount but is not for sale.

* 90 AMC movie theaters, which were sold.

Of course, he could’ve just put the money into a CD, too. At today’s 8.85% rate, it would earn $48,493.15 a day in interest.

Star-Crossed at Texaco

Some victory. Late last month, the state employees’ pension fund scored one for shareholders’ rights when it won the chance to name a director to Texaco’s board. Now it must sell all its stock.

Under state law, the California Public Employees Retirement System must divest its 763,200 Texaco shares by Jan. 1, 1991, because the oil company does business in South Africa through a joint venture with Chevron.