Word: broker
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...grew up in a small town on the Chesapeake Bay in Maryland, the youngest of five children of a prosperous canned-goods broker. When he was 16, both parents died within six months of each other, leaving the family broke and its house repossessed. Rouse parked cars to make money and eventually got a law degree by taking classes at night. At age 25, he and a friend borrowed $20,000 to form a mortgage-banking firm that became the Rouse Co., one of the nation's biggest developers of houses, apartments and shopping centers...
...realizing that Whitewater could be a drain forever, McDougal decided to sell the remaining lots to Chris Wade, the Whitewater broker who had bought Lot 7. The payment: the assumption of $35,000 in bank debt plus a used Piper Seminole airplane, valued at $35,000 by Wade. McDougal took the plane, and Wade began making at least some payments on the debt. Citizens Bank, however, did not release either the McDougals or the Clintons from liability for the full amount of the loan...
...bumped into each other at the Black-Eyed Pea, a blue-plate restaurant featuring Southern food located just minutes from each of their homes. McDougal and Susan would sometimes mention their successful real estate operations; Susan had even obtained a real estate license and was working as a broker. The Clintons, by contrast, complained that they could barely make ends meet. But at least Clinton's small land investment worked out well. In 1978, just as Clinton was starting to mount his campaign for Governor, McDougal was able to sell the tract for $5,000, a 75% return on their...
...must also have been obvious that Hillary couldn't count much on financial contributions from her husband, given his earnings prospects and lack of interest in making money. At semiannual meetings with William Smith, a Little Rock broker with whom Hillary had set up two accounts--one with her husband, one just for herself--in the late 1970s, it was Hillary who asked nearly all the questions. Bill, by contrast, showed little interest in the account's growth and would ramble on about political developments, comments that left Smith puzzled as to their financial relevance...
...reserved for the Clintons' eventual use. It was unlikely that the Clintons ever seriously intended to use the parcel, which they'd never seen. Eager to raise cash by the date of the next payment to Citizens Bank, he agreed to sell the land to Chris Wade, the broker for the development...