Word: broker
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Dates: during 1990-1999
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...name and the claim sound like someone's idea of a joke: the Wunsch Auction System, looming threat to the New York Stock Exchange. The setting is no more promising. Ex-broker Steven Wunsch, 44, is launching his enterprise from an apartment crammed with stationery, two sagging sofas and a personal computer. But Wall Street and the 199-year-old N.Y.S.E. regard Wunsch with utter seriousness. His mission is to prove you can exchange stock without stock exchanges, and he seems to be succeeding...
...their white Dutch colonial in Milton, Mass., at 1 p.m. one day last week. At 3, Lisa Looney drove up to take a look. She liked the place. By 6 the Cronins, who were asking $210,000, had accepted a $200,000 offer from Looney and her husband. Says broker Mary Sullivan: "We were astonished at how fast it moved. But that's the way it's been here. Our customer calls have doubled in the first six weeks of 1991 compared with a year...
...reaction of other purchases: furniture, linens, home electronics and all the other gear a home requires. Happily, the phenomenon seems to be affecting all regions. Even in areas like New England, which is still firmly in recession's grip, some of the better houses are selling as quickly as brokers can list them. At the Greater Boston & Real Estate Board, officials say pending sales are up 55% for the first seven weeks of the year. In Wellesley, Mass., last week a broker was just taking out his hammer to put up his sign in front of a shingled Cape...
...George Bush prepared to launch a ground war, Mikhail Gorbachev made one last attempt to broker peace between Iraq and the allies. Once again he dispatched his personal adviser, Yevgeni Primakov, to Baghdad, and then agreed to see Iraqi Foreign Minister Tariq Aziz in Moscow. The Kremlin desperately tried to persuade Saddam that he must comply with the U.N. Security Council resolutions or face the terrible consequences of a ground battle. Here is Primakov's account of those last, tense days...
...office buildings and luxurious high-rises built by starry-eyed developers whose failures wiped out their S&L lenders. Just when the feds don't need it, a new small-is-good trend may make unloading those glass- sheathed monsters even harder. "Plush offices are out," insists Dallas broker Wayne Swearingen. "It's not in vogue to show how rich you are." Or were...