Word: brokering
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Dates: during 1960-1969
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Swap Denied. Macmillan, who used to see himself in the role of "honest broker" between East and West, now was closer to acting as broker between West and West. There were many familiar items of disagreement within the Western Alliance-De Gaulle's desire for a loose European federation (Macmillan in agreement) and the U.S.-British desire to negotiate a Berlin settlement (De Gaulle opposed). As for nuclear weapons and France's determination to build its powerful independent force de frappe, there was-officially- little that the Prime Minister could say; Macmillan earlier had flatly denied any intention...
Tipped by a newspaper broker, Newhouse flew down to New Orleans fortnight ago, heavily loaded with hard cash. Before the nine board members of the Times-Picayune Publishing Co., Newhouse waved an offer of $42 million-his price for all 280,000 shares of the company's stock. Seven of the directors promptly produced 100,000 shares, more than enough for effective working control...
...height of Wall Street's trading frenzy last week, Chase Manhattan Bank Economist William Butler told a top New York broker: "Well, I guess this is a healthy readjustment." Snapped the broker: "One more healthy readjustment like this and I'll go through the window...
...produced only minor ripples. And in South Africa, rigid government currency controls have so cut off the local financial community from the rest of the world that the Rand Daily Mail index shrugged off Blue Monday with a drop of only one-tenth of a point. Mused one Joburg broker: "There might be something to isolation after...
...ticker tape to reproduce in the background, and so we sent downstairs to the Merrill Lynch office in our building for a few strands of cellulose acetate. The reply we got was typical of the impact of the week's news: "You can have all of it," said Broker Nicholas Bazarov...