Word: broker
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Freeze Peril. Deprived of cargo from the liners' holds, railroads, truckers and import-export dealers have lost millions of dollars. Shipowners, who were already suffering from a worldwide decline in orders (TIME, Aug. 9), found themselves idler than ever. New York Shipping Broker Theofilos Vatis estimates that North Atlantic freight rates for grain have fallen 20% in the past few weeks...
...National Criminal History" file has brought the FBI into the nation's economic life as a broker of employment for private and semi-private corporations. To corporations. Aryeh Neier wrote in his paper for the conference, the decision to hire or not to hire someone is a matter of statistics. While an individual may not have done anything, statistically a number of those who have been arrested are criminals. The safest bet is not to hire anyone who has ever been arrested...
...Many of these men are entertainers, but more and more businessmen have come to recognize the potential of the uplift market. Says Art Holmes, a Los Angeles insurance broker: "Let's face it, when you reach 50, you begin to look it. If you're in a business where you have to stay young, plastic surgery is the answer." Holmes, 50, whose associates are younger than he is, felt that the bags under his eyes might hold him back professionally and made a quick decision after he saw what Dr. Kurt Wagner, a Beverly Hills surgeon...
...study, based on work by Peter Davies, a New York insurance broker who developed a private passion for the case, does not claim access to any new evidence of those tragic 13 seconds of firing on Blanket Hill. Citing federal investigations and a recent book by James Michener, Kent State: What Happened and Why (TIME, May 3), Davies argues deductively that the deaths resulted from a conspiracy by at least some of the Guardsmen. He suggests that discrepancies in Guardsmen's testimony and photographs of the shooting-including a picture of a huddle at the bottom of the hill...
...everything turned out to his satisfaction. The conglomerate negotiations broke down, and CRM President John Veronis and Board Chairman Nicolas Charney quit their positions. With financial help from Louis Marx Jr., son of the toy magnate, and Dan W. Lufkin, a Wall Street broker, they bought the Norton Simon package as individuals for an estimated $5,000,000. That convinced Cousins he could get along with his new owners. "I rather like this display of gizzard," he said happily. "I can't turn away from anyone who believes in the Saturday Review as much as that...