Word: bigs
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Dates: during 1960-1969
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...rising so rapidly that brokerage houses lose money not only on the odd-lot business but also on the average "round-lot" trade of 100 shares or more. "It is unprofitable to serve the investment needs of the small investor," he says bluntly. Brokers make money on the really big trades-and those profits too have been...
...fees on trades of more than 1,000 shares, dropping them from an average .89% to .84% on the value of each transaction. This will cost the brokers about $150 million in commissions next year, or roughly 7% of what they might have expected to earn on the big trades. Oddly, to make up the difference, brokers are clamoring for an increase in commissions on trans actions of fewer than 100 shares. Such commissions range upward from a minimum...
...big problem with credit bureaus is their lack of humanity. A man may have been late with his car payments, and his personal file will record that without the mitigating explanation that he was ill at the time and unable to work. Another may once have argued with a department store over the quality of its merchandise; his credit report will label him forever as "antagonistic" or "a troublemaker." Yet another may be the victim of mistaken identity, sued for nonpayment of a bill run up by another person with the same name. The suit will be duly noted...
...Big Bertha. The Krupps followed strictest rules of primogeniture, loading the whole of family wealth and power upon the eldest child. Siblings were absorbed into the firm, but only as drab underlings. After Fritz's death in 1902, the succession fell to his daughter, Bertha, and led to the long reign of a king-consort, Gustav von Bohlen und Hal-bach. Hand-picked by the Kaiser to marry the munitions business, he was also granted the right to use the Krupp name and to pass it along, though only for one generation and only to his eldest...
Most coaches, when faced with an unbalanced attack, will take their chances on letting the poor scorers shoot and try to concentrate on the big threats, keeping them away from the ball. Harrison isn't talking...