Word: brokering
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...when he received nearly 20% of the Democratic primary vote but only 10% of the delegates. Under today's revised rules, the same vote will earn him far more delegates. They will be a disciplined bloc. In a tight convention, Jackson could be in a strong position to broker the outcome...
...visualize a Democrat in the White House. They insist that Jackson's candidacy will deter other candidates from pursuing the black vote. Jackson counters that blacks will have more clout with the eventual winner if they unite behind one man. But black leaders dislike the idea of a single broker, especially the unaccountable Jackson. His dominating presence over the years and his presidential bids have helped squelch the emergence of other black figures. Still, black politicians are reluctant to oppose Jackson publicly. "Jesse's getting a private spanking," says Tyrone Brooks, a Georgia legislator who ran Jackson's state campaign...
...power broker may be Khomeini's son Ahmed, 43. While members of the Ayatullah's family have traditionally been left on the sidelines, Khomeini brought Ahmed into government affairs late last year to oversee Tehran's two major newspapers and supervise state TV and radio stations and the national IRNA news agency. Iranian experts now consider Ahmed a full-fledged member of Khomeini's inner circle, along with Rafsanjani and Montazeri...
...When individuals reap an overnight windfall, they can become manic and even a little careless about where to put the money next. "Clients are calling about speculative stocks that they've heard about at cocktail parties over the weekend. I'm worried about this," says Jerry Tisserand, a broker for Thomson McKinnon Securities at a branch in Evansville, Ind. At the same time, many investors realize that a bear market could hit at any moment. Some become spooked by sudden downdrafts and sell too soon. "It's hard to keep people in the volatile blue chips. They're getting whipsawed...
...they have carefully constructed a way to use them as a hedge against losses in their common-stock portfolio. Finally, they frequently establish predetermined selling points at which they will dump a stock to cut their losses or capture their gains. Says Melissa Lamb, 28, a Manhattan real-estate broker who is learning the hard way: "I have picked some good ones, but I just wait and wait in the hope of a bigger profit, until all the profit evaporates...