Word: broker
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...controversy erupted when Columnist Jack Anderson publicized Tsakos' financial relationship with Hatfield's wife Antoinette, a prominent real estate broker. The Senator initially said that the payments to his wife, which were listed in his financial-disclosure report,* were for locating and supervising the renovation of an apartment in the Watergate complex that Tsakos bought for $520,000. When the seller of the apartment said he had never met Mrs. Hatfield and had sold the apartment to Tsakos directly, the Senator elaborated. Mrs. Hatfield, he said, had been paid $15,000 for showing Tsakos several apartments, including some...
...week ever, twice breaking records for trading volume as the Dow Jones industrial average surged ahead for an 87.46-point gain, the biggest weekly advance in history. "Nineteen years on the floor of the exchange, and I've never seen anything like it," exclaimed Daniel Pratt, a floor broker for Smith Barney...
...programs in the hope of racking up enough mileage to earn free tickets to exotic locations. Yet roughly half of such customers fail to use the awards they receive. As a result, these coupons have become a hot new commodity, bought and sold by at least a dozen upstart brokers. The secondhand awards often present a sizable saving for the purchaser, even after the broker has taken a 20% to 40% commission. For instance, one broker was recently offering roundtrip, first-class tickets from New York City to Los Angeles, normally...
...League announced yesterday that it had signed a one-year contract with a New York-based television broker and a Boston production company to televise nine league football games on Saturdays beginning Sept...
...being decisive, will need to be. The company has been rocked by bad ventures. Last year Merrill Lynch spent $88 million to satisfy customers to whom it had sold annuities issued by Baldwin-United, which later went bankrupt. A career-long employee whose father was a Merrill Lynch broker in Williamsport, Pa., Schreyer recently led an extensive study of the company's problems. Dubbed SWAT, for Schreyer Working Team, the group found the firm had tried to serve too many different types of customers...