Word: broker
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...Federal Reserve Board's decision to raise the prime rate had already rocked the stock market, triggering a frenzied sell-off that had sent the market plummeting by a startling 26 points on Tuesday-the worst setback it had suffered in nearly six years. Now, at brokers' booths and trading stations, everybody was fretting about what worried investors would do next. "We're going to get sellers," said one broker as he strode onto the floor...
...prediction proved correct. As an unseasonable October snowfall swirled outside, a far fiercer storm began to rage inside the exchange. Only minutes after trading opened, brokers were deluged with orders to sell. By the time trading had been under way for an hour, everyone realized that the rush was on. "It's almost a total panic," said a broker whose clients were jamming his telephones in their haste to sell. "More dramatic than anything I've seen since the assassination of President Kennedy. The institutions and banks are selling, but they aren't as dramatic...
Under the best of circumstances, the exchange floor contains the makings of enough ulcers and coronaries to fill a good-sized hospital. By noon Wednesday, the circumstances were close to the worst ever. "Better get down here," one broker telephoned a friend. "We're going to break some records today...
CARL SAGAN'S MISSION--to popularize contemporary science--is beyond reproach. Yet, like a hard-sell broker, his execution is chronically faulty. In this collection of 25 essays he spreads before the reader a whole gamut of the most tasty scientific ideas, concepts, and predictions, ranging from the prospect of extraterrestial life to the role of gestation in shaping world religion. But he skips frenetically from one to the next, milking only the most sensational aspects and indulging freely in irresponsible speculation. Our aggravation is heightened by his persistent editorial voice in the background, applauding the genius of this...
Group seminars counted for credit last year included "The Knee." "Real Estate Broker Training, "Topics Relating to South Boston," "Dental Precentorship" and "New England Merchant's National Bank." Individual students created a photo essay on Mexico, invested their partents and their own savings in the stock market and studied "cabinetry...