Word: amassive
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Dates: during 1980-1989
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...Street brokerage house. It was created solely to deal in such U.S. Government securities as bonds, notes and bills, currently a $1 trillion market. Using only 20 or 30 traders who operated out of a fifth-floor room above a Wall Street-area clothing shop, Drysdale quickly managed to amass a $4 billion-plus portfolio of borrowed U.S. Treasury securities...
...cannot understand the compulsion that drives some individuals to amass fortunes far beyond what they need for their comfort and security...
Hawkins has been displaying true grit all his life. He arrived in Los Angeles in 1939 with a seventh-grade education and $14 in his pocket and soon had a job as a guard at an Alcoa Aluminum plant. Saving carefully, he managed to amass $400 to purchase a small plot of land in south-central Los Angeles, then a poor but peaceful community. With his own hands, he built a three-room wooden shack and soon sent home to Gould, Ark., for wife Elsie, four daughters and his father, a minister in the Holiness Church...
...normal way to amass a controlling majority of a company's stock is a tender offer or a proxy fight. But takeover by tender has become much more expensive because stock prices have risen more than 50% on the average since August in the ongoing bull market. The Dow Jones industrial average closed last week at a record 1226.20. Buying a controlling interest may have been possible a year ago for only a few million dollars; now the price could be much higher...
Even though Rubin attempted to adjust her pitching, moving the ball inside and out and throwing some off-speeders, the Chieftains, aided by some more suspect Harvard fielding, continued to amass runs--they scored four runs in the third and another in the fifth before their bats went silent...