Word: brokering
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Other women have not been so amenable. In 1990, Midge Martin, then a 65-year-old financial broker, sued the Longmeadow Country Club in Massachusetts for gender discrimination. The club excluded women from voting, prime tee times and the men's grill. In the months that followed, Martin reportedly received threatening phone calls, her crab-apple trees were uprooted from her lawn, and her Himalayan cat, Max, was poisoned. She later reached a settlement with the club, which included $45,000 for her legal fees...
Terrorists know how to read weakness. So does Saddam Hussein. Six months ago, when Saddam blatantly violated the arms-inspection regimen he had agreed to after the Gulf War, Clinton let Kofi Annan broker a paper deal and called off the U.S. military buildup...
...your broker, barber or brother off the hook for that lousy stock tip just yet. But don't dismiss the value of being part of the lawsuit either. After all, the money you lost is gone. Whatever you recover is better than nothing, and it won't cost you a cent to collect. The tricks are staying informed so that you know when to file a claim and being able to lay your hands on the needed documents when judgment day finally arrives. If you were pummeled in any of the recent debacles--recall the collapse of HMO company Oxford...
...Digging up brokerage statements years after the fact is never easy and is the main reason more shareholders don't file claims. Another reason is simply not knowing about a settlement. If you move or change your name or account, the courts may not find you. So call your broker, the company's investor-relations department or the lead attorneys in the case every six months for an update. Sure, it's a hassle. But even in a bull market, you have to work a little...
...afford not to invest in the powerful trend toward people's shopping, at incredibly low prices, from the convenience of their homes? That was the pitch I used back when I was a broker at Goldman Sachs, and since that was in 1986-87, I wasn't hawking the Internet but rather an outfit called Home Shopping Network, which peddled stuff on TV and took orders by phone. Its stock had gone from 18 to 133 in the time it takes to say "cubic zirconium," and I thought it could only go higher. Instead, it suffered the most brutal, protracted...