Word: assets
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Linnet arrives in Montreal during World War II, alone and with $5 in her purse. As she describes her prospects, "My only commercial asset was that I knew French, but French was of no professional use to anyone in Canada then -- not even to French Canadians; one might as well have been fluent in Pushtu." Still, she perseveres, ultimately finds a job on a local newspaper and sets out to become a writer, much as the author herself did in the late 1940s. Such determination and pluck are rare among Gallant's outcast characters. When the girl's native country...
...government-securities market, a freewheeling, $200 billion-a-day bazaar in which federal notes and bonds are traded, was rocked last week by the failure of its second dealer in a month. Bevill, Bresler & Schulman Asset Management, a small New Jersey-based firm, filed for bankruptcy under Chapter 11 after admitting that it could not meet some $140 million in debts to its customers, including about 45 savings and loan associations. The Securities and Exchange Commission sued Bevill, Bresler for fraud, charging that the firm secretly drained its customers' investments to make up for heavy trading losses. The failure comes...
...money markets. Reason: fear that the Federal Reserve would be forced to loosen its grip on the money supply and lower interest rates to protect the U.S. banking system. Last week's dollar slide was due in part to worries stemming from the bankruptcy of Bevill, Bresler & Shulman Asset Management, a small New Jersey investment firm dealing in Government securities. The Federal Reserve, though, has given no signs of moving to a much looser monetary policy...
...Observer. Under a pen name, Dan Kavanagh, he has produced two mysteries about a low-life London ex-policeman. They read fast and gamy, and --rare for a learned man who takes to writing suspense--they contain virtually no literary allusions. But then, wearing knowledge lightly is Barnes' great asset...
...oversimplifies issues, and people like that. But Reagan is shallow. Lee is not. He's a hell of a lot smarter than Ronald Reagan and a hell of a lot deeper." Iacocca has already proved himself on television. Even he alludes to it, jokingly, as a political asset. "Cronkite and I were sitting around the house trying to figure out how much of a phony Reagan is. He said, 'Why don't the two of us be running mates? We both know television.' I said, 'Sure--what spot do you want...