Word: brokered
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Dates: during 1980-1989
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Perhaps not surprisingly, most of the immigrant rich have come not to be entertained but to work. Young brokers, bankers and boutiquers emigrate because old-country commerce is too tradition-bound, slow and unresponsive for them. Even for someone with influence, it can take a month to get a phone installed in England, and no one would ever call a broker on the weekend. "In Switzerland if you ask, 'Why?', they tell you, 'Because that's the way it is,' " says New York Art Dealer Bettina Sulzer Milliken, 36, daughter of a Swiss industrialist, who with her American husband runs...
...came to the bluegrass pastures of Lexington, Ky., to build a $5.2 million 18th century French-style horse farm for a Canada-based relative. Charmed by the quiet, order and beauty, he stayed on with his American wife Mary Lou and their two children and became a Thoroughbred racehorse broker for absentee owners. He has rented a house with an option to buy, and intends to apply for citizenship. Says Bohsali: "I don't think anybody who has come here would ever want to leave." To a growing number of the world's wealthy, the sentiment makes increasingly good horse...
...will get less generous deductions for depreciation, and that is an especially important item for them, since their business consists so heavily of dealings in those highly depreciable properties, buildings. Adding up all the ways in which realty taxes will be increased, Chris D'Ambra, a San Francisco insurance broker who has been reducing her tax liability by investing in limited real estate partnerships, figures that strategy will no longer be advantageous. Says she: "My empire is on hold...
...moment Gromyko is viewed not only as the custodian of Moscow's foreign policy but also as its chief architect. One result, says Soviet Expert Dimitri Simes from the Johns Hopkins University School of Advanced International Studies in Washington: "Gromyko is going to be a major power broker...
...entirety by the New York brokerage firm of Salomon Brothers. The Cambridge brokerage firm of Moseley, Hallgarten, Estabrook and Weedon bought a large chuck of the issue from Solomon Brothers, and as of late yesterday afternoon had about 320 of the bonds left for sale, according to Moseley broker Peter S. Scholl...