Word: bulling
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Dates: during 1930-1939
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Overnight the tone of talk in "The City"?London's Wall Street?changed utterly last week. Bitterness at Uncle Shylock changed to pride that John Bull had paid. Fear lest the pound fall vanished as Sterling rose slightly in terms of both the dollar and the franc. England was herself again. Blood had told. Hands across the sea. Honi soit qui mal y pense...
Chancellor Chamberlain showed himself a true John Bull of the old school when he said quietly that Britain's payment would be made even though it would unbalance the Budget by a sum equal or superior to that paid...
Benjamin Block, broker to Wall Street market makers for nearly 20 years, retired from his Stock Exchange firm last week. His best customers were Jesse Lauriston Livermore, famed bear operator, and William Crapo Durant, oldtime head of General Motors and leader of many a potent pool in the Coolidge bull market. Broker Block would often take huge selling orders from Bear Livermore over one telephone while Bull Durant was on another wire to place huge buying orders. To customers he thought were wrong he would snort: "You're throwing your money away"?and take the order...
...square a man as you'll ever know, and when his friends are losing he is losing more than any of them." Broker Block ought to know; he helped Durant throw away a $90,000,000 fortune trying to support General Motors' stock in the 1920 crash. But Bull Durant fell out with Broker Block two years ago when his account was sold out. Early this year he sued for $378,000, claiming he loaned the stock as a favor to Broker Block. Broker Block curtly stated that Durant had been warned to put up more margin...
Flush with champagne & cognac, as he always is at the close of a dinner, President Kemal began to stare at the Egyptian Minister's red fez. Upon Kemal the effect was that of a red rag on a bull. He ripped out something in Turkish and the Egyptian Minister, flushing as red as his fez, took it off, later sent details of the affront to fat King Fuad...