Word: broker
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...Bang by inviting foreign firms and British banks onto its trading floors for the first time. The move spurred a wave of foreign invaders seeking to join the action. Tokyo-based Nomura Securities, the world's largest investment firm, and New York City's Merrill Lynch, the biggest U.S. broker, have already become Exchange members. Some 30 others plan to do the same...
...author, a Maryland insurance broker with a passion for military hardware, blipped onto the national radar screen with his 1984 novel, The Hunt for Red October, a tale of a defecting Soviet nuclear submarine and its conflicted crew. Published by the Naval Institute Press, known primarily for academic and technical journals, the book was praised by Ronald Reagan as "the perfect yarn," became the sleeper of the year and stayed on the best-seller lists for seven months. With his new novel, Clancy has climbed out of the water. This time his subject is nothing less than World...
...reason for that relative lack of concern is that the new stock index futures markets, which may have helped trigger last week's selling, give institutional investors the opportunity to hedge against sudden losses. Said Arthur Randall, a broker with the E.F. Hutton investment house: "It takes much more than 80 points and two days to convince them that the party is over...
With thoroughness and grace, Hugo Vickers, a British critic and journalist, traces the answer back to Beaton's obscure beginnings and follows it to a precipitous summit. Cecil was the grandson of a blacksmith and the son of a timber broker. There was nothing to be done about ancestry, but the future was another matter. Young Cecil confided to his diary, "Even in my dreams I long to make Mummie a society lady and not a housewife...
...unfortunate abuse of prosecutorial discretion." The firm said that Cantley was a "disloyal former employee" and that if he and his associates had broken any laws, they did so in "violation of Shearson Lehman's own policies." Through his attorney, Cantley asserted his innocence. If convicted, the former broker could be sentenced to 198 years in prison and fined $16 million...