Word: broker
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HOSPITALIZED. Kakuei Tanaka, 66, Prime Minister of Japan from 1972 to 1974 and continuing political power broker; in improving condition after a stroke; in Tokyo. Despite a 1983 bribery conviction stemming from the Lockheed Corp. case, now being appealed, Tanaka retained nearly complete control over the Liberal Democratic Party, backing incumbent Prime Minister Yasuhiro Nakasone last year for a second term. In recent months, however, his authority has been under attack, and if his health further reduces his influence, Nakasone's position will be at risk...
...Batchelder, 35, know the target. To keep its identity secret, Pickens gives it a code name (Gulf was "Barrel Cactus," for a plant in Pickens' office), which he uses while accumulating the company's stock. Money for the purchases is funneled in chunks of up to $50 million to Broker Alan Greenberg at the Wall Street firm of Bear, Stearns, and to other securities houses. Pickens transfers the huge sums from numbered bank accounts around the country through a system of prearranged signals. A Mesa officer starts the process by telephoning a bank and giving a code word...
...high school sweetheart. She was 17, he 20. "My mother says she never saw anyone grow up so fast," Pickens recalls. After two years on the dean's list, he graduated with a degree in geology and joined Phillips Petroleum, where his father then worked as a lease broker...
...brought out not by Simon & Schuster or Random House but by the Naval Institute Press (N.I.P.) of Annapolis, an academic publisher specializing in works like The Mariner's Pocket Companion and Dictionary of Naval Abbreviations. Second, the author is not an experienced novelist but a Maryland insurance broker who wrote his tale of high-tech undersea warfare without having served a single day in the Navy, much less aboard a submarine...
...such a ploy, Steinberg bought 11.1% of Walt Disney Productions. After a long battle with Disney management, he sold the stock to the company for $32 million more than he had paid for it. Says Lee Isgur, a longtime follower of Disney stock for Paine Webber, a Wall Street broker: "It was obvious that it would be very difficult, if not impossible, for Steinberg to buy Disney. But he played the publicity game very well. The stock was bid up, and he made a nice profit." Just before Disney, Steinberg greenmailed Quaker State Oil Refining, buying 8.9% of the firm...