Word: brokering
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...sequel to Teddy's efforts to improve his football skills. At Harvard, Teddy fumed at the fact that Clasby could outrun him. "Dick," he said, "sometime in the next ten years I'll bet I beat you in a race." Last month, when Clasby, now a lumber broker in a Detroit suburb, visited Teddy in Hyannisport, Kennedy suddenly announced: "I think I'm ready for that bet now." Clasby looked bewildered, but Teddy recalled his old challenge. The two marked off a so-yd. course on the lawn-and Teddy won by two yards...
Einstein in Arabic. Franklin, fittingly named for Ben, set out in 1952 to be "the ambassador of American publishing"−nonprofit broker for countries hungry for U.S. books. It is headed by Datus C. Smith Jr., former director of the Princeton University Press, and governed by a board of directors that includes top U.S. publishers, librarians, industrialists and university presidents...
...Cobb, she moved into a house he rented for her. Cobb, known as "W. Edward Cobb," showed up in Roanoke only sporadically -he was thought to be an insurance claims adjuster and aircraft inspector whose work kept him traveling. In Morganton, where he was actually a successful lumber broker, he explained his frequent absences to his wife of 19 years and to his adopted son by pleading the pressures of business and politicking. He shuttled back and forth between both homes like an airborne Alec Guinness, and fathered two children by Linda...
Disappointed a second time, Sam Newhouse telephoned Newspaper Broker Allen Kander in Washington, D.C. He was down South. Where could he buy a newspaper? Try New Orleans, Kander suggested. Newhouse did. And just two weeks after that long-distance phone call, U.S. journalism's smallest publisher (5 ft. 3 in., 136 Ibs.) closed the biggest deal in U.S. journalistic history. For $42 million?more than three times what the Louisiana Territory cost the U.S. in 1803?Newhouse bought both of New Orleans' papers: the morning Times-Picayune (circ. 195,151 daily, 307,-983 Sunday) and its evening companion, the States...
...collector. Sarlie. complained McDonnell, refused to pay for $754,770 worth of Bruce and Celotex stock bought for his account. (Sarlie's rebuttal: McDonnell had bought the stock without his authorization, on orders from Eddy Gilbert.) Still another victim of Gilbert's downfall was his personal broker. Francis Farr, a socialite customers' man for McDonnell & Co., who invested heavily in Bruce stock. Until Blue Monday, Farr did so well that three months ago he was able to buy the late Dag Hammarskjold's old maisonette on Park Avenue...