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...month Lower Manhattan headquarters. So far, it has come up with takers for at least 71 offices. Many of Walston's 4,000 employees will probably be retained by the new managements; customers, if they wish to, can pick up their holdings at Walston and follow their old broker to another firm. Just about the biggest loser will be Perot, who may recover as little as $10 million of his roughly $100 million investment...

Author: /time Magazine | Title: WALL STREET: Perot's Orderly Retreat | 2/4/1974 | See Source »

...second Watergate grand jury, sworn in last August to deal with an antitrust action against ITT, illegal cam paign contributions and other misdeeds, is having similar problems. Last week the jury's foreman, Julian G. Murphy, 54, an independent insurance broker, said that he was quitting because his in come had "dropped at least $1,500 a month, and my business was going down the drain...

Author: /time Magazine | Title: The Nation: Trials of the Watergate Jury | 1/28/1974 | See Source »

...Bernard Berkowitz-the husband-and-wife team who wrote the book with the help of a friend, Jean Owen. But the bestseller obviously has other less prejudiced fans as well. "It seems like something a good friend would say to you," explains Bonny Simmons, a California real estate broker. Another reader credits How to Be Your Own Best Friend with enabling her to pass her driver's test after having flunked it seven times...

Author: /time Magazine | Title: Behavior: Such Good Friends | 1/28/1974 | See Source »

Simon grew up on the New Jersey coast, the scion of a family that had become wealthy in the silk-dyeing industry in Paterson, but took a bath in the Depression; his father was an insurance broker. At Lafayette College, Simon was pledgemaster of Delta Kappa Epsilon, and he plumped up his slender funds with odd jobs and winnings at poker.He also ate enough and drank enough beer to put more than 200 Ibs. on his 5-ft. 11-in. frame. Then he doggedly swam 25 to 30 laps a day at a local Y.M.C.A. pool until...

Author: /time Magazine | Title: Energy: A Fitzgerald Hero in Washington | 1/21/1974 | See Source »

Presumably the last ships out of Libya before that country joined the embargo Oct. 19 would have completed the two-to three-week journey to the Borco refinery at Freeport by early November. Yet records at Marbrok Marine Brokers in Freeport show that between Nov. 1 and Nov. 29, no fewer than 13 tankers out of the Libyan port of Ras Lanuf discharged crude at Borco. As recently as Dec. 8, the tanker Heythrop out of Ras Lanuf unloaded 513,135 bbl. of crude at the Borco refinery, according to Robert Bunford, executive vice president of E.H. Mundy...

Author: /time Magazine | Title: SUPPLY: From Output Squeeze to Price Embargo | 1/7/1974 | See Source »

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