Word: banker
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...Crimes of Patriots, Jonathan Kwitny uses an investigation by the Australian government as a point of departure for his own inquiry, which connects Nugan Hand to drug trafficking, illegal arms sales--and the Central Intelligence Agency. He presents what appeared to be the suicide of an Australian banker as a chapter in a tale of illegal activities undertaken by former and current United States intelligence personnel...
...latest count, the October crash had spawned more than half a dozen important investigations. One was a special three-person task force announced on Oct. 22 by President Reagan and headed by New York City Investment Banker Nicholas Brady. Its mandate: to study the market procedures that led to the crash and recommend ways to prevent a recurrence. Two other probes were started by the watchdog Securities and Exchange Commission and the Commodity Futures Trading Commission to study the extravagant volatility of stock and futures markets during the crash. Other studies of market behavior were being sponsored...
...recession and then to a world economic downturn. Nervousness about that prospect led to a certain amount of pointed anti-U.S. feeling. "The problems we are facing are the result of policies from the beginning of the Reagan Administration," said an angry West German central banker. "American policy is mainly determined by domestic considerations, even if it affects the world economy. Such thinking is no longer appropriate." A survey of the top financial centers...
...they noticed, they didn't believe. Though stocks zigzagged but generally declined through September, Banker Mitchell announced on Oct. 15 that the "markets generally are now in a healthy condition." Irving Fisher, a Yale professor of political economy, declared that stock prices had reached "what looks like a permanently high plateau...
...smiling. Students clustered around a computer in a lobby to check their investments. More than 150 showed up for an impromptu forum last Tuesday to discuss the effect of the market's uncertainty on careers. "Let's put it this way: I was a future investment banker," says Harry Friedberg, 21, who used the $17,000 he made trading options last year to pay his tuition and room and board. But now, he says, "I'll look harder at marketing." For Neil Donnenfeld, 25, the panic only confirmed a decision last year to aim for a corporate career. Before...