Word: barney
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Dates: during 1990-1999
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...continue to maintain a positive working relationship with these bigwigs. This reminded me of the millions of little wigs who have had a tough year in the stock market -- like me. A couple of my stocks have gone down, and it would cost my brokerage firm, Smith Barney, a lot less than $130 million to maintain a positive working relationship with me. My list of downers includes a muni bond fund that I bought in anticipation of low inflation and lower interest rates, a gold fund I bought in anticipation of high inflation and higher interest rates, two China funds...
...called Smith Barney and asked if I could get a bailout deal similar to Mellon's. Because I make my own ill-advised investment decisions without the help of my broker, who no doubt has better ideas, I figured I was a great candidate for reimbursement. At least Smith Barney couldn't be accused of paying me off to cover up my broker's mistakes. And whatever modest sum it might choose to advance me would go a long way toward cementing my future loyalty. But spokesman Bob Connor wasn't buying any of this, and Cohen at Mellon said...
...with his new wardrobe from Barney's, certainly dresses the part of University president. But I pick Lee not for his sartorial splendor but for his fundraising abilities. He might even do a better job than that Donald Kennedy fellow at Stanford...
...threat of inflation in promises by House Speakerin-waiting Newt Gingrich and other Republicans to cut taxes next year without any credible program for restoring lost revenues. "Tax cuts are not always good for the bond market,"said Joseph Carballeira, the head of U.S government- securities trading at Smith Barney. "Initially, there was a sense of optimism when the Republicans won. But now there is the sense that fiscal discipline may be over." Said Hugh Johnson, chief investment strategist for First Albany: "This has become a nagging fear that bond traders have in the back of their heads. They might...
...wake of the Feds decision last week, bond traders at Smith Barney were consumed by a day of more microeconomic moves as the phones came alive with buy and sell orders. Within minutes of the Fed's announcement, one trader ran up to chief bond manager Carballeira and roared, "I've got $20 million 3s offered at 4." He got the O.K. sign. "Joe, I have a customer for $50 million 5s at 3." "Those are done," said Carbelleira. "Joe, I got a customer for $10 million 3s at 5." "No more," said Carballeira, and then: "Hey, is everyone...