Word: banker
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...trading penalty until now. Ever since, Levine has been singing to the SEC; his testimony led directly to last week's judgment against Boesky. Now Boesky is cooperating with the regulators. There is no telling what further shocks may hit the stock market as a result. Said one Manhattan banker: "There'll be people named from almost every firm on Wall Street before this is over -- including mine...
...Great Crash of Oct. 28, 1929. Last week, as the 57th anniversary of that dire event rolled around, new voices raised similar cautions. Said Robert Reich, a lecturer in public policy at Harvard's John F. Kennedy School of Government: "In America, industry has become the plaything of finance." Banker Felix Rohatyn, a partner in the Manhattan investment firm of Lazard Freres and a frequent critic of Wall Street's excesses, goes further. Says he: "Now the whole world is a casino. Las Vegas, at least, closes at 5 a.m. This thing does...
...house or condominium. Interest on such loans will remain deductible, within some limits. "You go out and buy a new washer and dryer and still get to deduct the interest because in effect you're paying for it with a home-mortgage loan," says Kinzie, the Chicago banker...
...also poured on the extras: snacks, free drinks and newspapers, and two additional inches of legroom. Despite a few opening- day glitches -- the terminal is still under construction -- most Pan Am pioneer passengers seemed pleased. As he boarded the 8:30 a.m. Pan Am shuttle to Washington, Investment Banker Michael Duval noted sternly, "If Eastern doesn't have this kind of competition, the shuttle will go back to being the old hate-your-customer airline...
...Compare training programs within an industry: how is Banker's Trust's program different from Morgan Guaranty Trust's in commercial banking...