Word: broker
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Coordination is Nonaka's stock-in-trade. The son of a rice farmer, he is the consummate power broker, a puppet-master who pulls the strings behind the scenes for the LDP, the party that has run Japan nearly continuously for the past 45 years. Nonaka is an old-fashioned pol, having honed his skills as mayor of small-town Sonobe. He first ran for the town council in 1950, at the age of 25, and was elected mayor eight years later. In 1967, he was elected to the Kyoto prefectural government, and immediately butted heads with the long-time...
Many tourists who come for the cheap fares--a lot of them students and budget travelers who first used Reykjavik as a stopover on flights to Europe--get hooked on the place and become regulars. "I've been here five times," says Karin Ciescik, 45, a New York insurance broker. "I'm a polar buff. I just love the cold." Jeff Warren, managing director of Britain's Windrush Management, chose Iceland for a company holiday. Why? "If we went to Tenerife, we'd just hang around on the beach and drink, mon, so we decided to branch out," says this...
...four companies--Arthur Andersen, Credit Lyonnais, Natsource and Swiss Re--are developing an exchange where companies can trade, even in an embryonic market devoid of legislative standards. "They're trying to nail down something that will be useful under laws that are not yet defined," says Garth Edward, a broker at Natsource, an energy-trading firm...
...just techs that smell rotten - brokerage stocks took a beating Monday too, because who wants a broker these days? - but, OK, it's mostly techs. And therein lies the pessimism problem...
...noticing the asterisks. When my wife bought a first edition of Sinclair Lewis' Main Street on eBay and the book arrived and was not a first edition, or even a second or third, the blame was hers--for not being suspicious. And when I used an online broker to buy shares of Micron Technology at 40 1/4 and received a confirmation five minutes later that I'd purchased the shares at 43, the blame was mine--for not knowing that "real-time quotes" aren't so real time...