Word: bungee
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Planning Ahead. The strong measures have brought wounded howls from many Brazilians. But most businessmen are no longer in love with inflation and are ready to go along. "Inflation," says São Paulo Industrialist Paulo Quartim Barbosa, "is an illusion of grandeur and a guarantee of catastrophe." As for...
What puzzled Wall Street observers was how two reputable firms could have let Tony DeAngelis, who had declared bankruptcy once before when trouble struck one of his commodity ventures, get so deeply in debt to them. Another puzzle was the mysterious disappearance from New Jersey storage tanks of $15 million...
Strategic Outposts. Cargill will have a major part of it, is already active in the East-West grain trade. Its Canadian subsidiary has signed up for 20% of Canada's $500 million wheat sale to Russia, and the U.S. parent is awaiting an export license to send $6,500...
Despite the turbulence of Argentine politics and the world grain market, Bunge & Born has prospered because it has shrewdly spread its bets into so many countries and industries. By building a reputation for strict honesty and rigid adherence to delivery dates, it has become the biggest shipper of jute in...
Turn Off the Limelight. Bunge & Born has remained inconspicuous partly because it has taken the position that "with little direct contact with the public, we have no need to advertise." A deeper reason is that Bunge & Born consciously avoids the limelight because its great bulk alone makes it a target...