Word: brokering
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Dates: during 1970-1979
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Eager to expand his business, Christopher met in 1974 with Lloyd's Broker Peter Nottage and persuasively proposed an idea for a computer-leasing policy that the underwriters eventually accepted. Under it, if corporations or government agencies broke a lease after the obligatory noncancellation period, Lloyd's underwriters would pay the leasing company any balance due to the bank on the purchase price of the computer. With this magical policy, Christopher found it easy to persuade banks to lend him the huge sums that he needed to buy computers. The company or agency that leased the equipment agreed...
...business." The group draws some satisfaction from the recent strengthening of sterling, now at $2.22, which means that members will have to lay out fewer pounds to pay off claims in dollars. But that is sore solace. As Underwriter Peter Cameron-Webb noted, "I doubt if a broker will ever try to place this policy again at Lloyd...
...consisting of "a very sophisticated and educated group of professional people." Drugs were ferried, for example, by a couple of former commercial airline pilots who are believed to have known the gaps in the U.S. coastal radar network. A communications expert monitored secret DEA radio frequencies, and a yacht broker painted fake water lines on hulls so that boats would appear to be empty and riding high when actually loaded with marijuana...
Trends in American society threaten the role of the journalist as "an honest broker of information," CBS news correspondent Dan Rather told 600 people in the ARCO Forum at the Kennedy School last night...
Former Mayor Austin, who is now a local real estate broker, describes what happened when he went with an assistant state attorney general to a site bought by a Canadian developer. "I was standing more than 200 ft. from the water. I thought this was the point we could start building. But this young fuzzy-cheeked assistant A.G. was way up in the dunes, maybe 30 ft. behind me. 'What the hell you doing up there?' I asked. He says, 'I'm looking for the vegetation line...