Word: buying
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Dates: during 1960-1969
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...have been forbidden to leave their rigidly secured garrisons. Even the few officers who wangle twelve-hour passes into town have strict orders to avoid contact with civilians, and they often gaze longingly into the display windows of sweetshops without ever working up the courage to go inside and buy something. "They don't have anything to do with us," says Mayor Vaclav Kulich of the tiny town of Benatky, near the Milovice base. "They might as well be ghosts...
...whose hankering for cheap stocks usually means a foray into the untidy over-the-counter market, where most of today's stock-delivery foul-ups occur. Says a broker at Chicago's G.H. Walker & Co.: "Frankly, we're going to refuse the guy who wants to buy 1,000 shares of a $1 stock. On the other hand, if he's got $800 for a blue-chip stock, I'd take that business." Since brokers often act as if they are doing him a favor by accepting his money, the odd-lotter frequently feels like...
...Responsibility. Numbered accounts are particularly handy for circumventing U.S. securities laws. To get around the restrictions on trading by "insiders," for example, corporate officers sometimes buy or sell stock in their own companies through Swiss banks. Other U.S. investors use the banks to sidestep margin requirements. The Government estimates that all foreign banks -in Panama, Nassau and West Germany as well as in Switzerland-account for at least 8% of the transactions on the New York Stock Exchange. In singling out Switzerland, U.S. officials seemed most disturbed about their lack of precise knowledge about all that may be going...
...first read Malcolm Lowry's Under the Volcano on the all-night train trip from Central Mexico to the U.S. border at Nuevo Laredo. The trip, particularly in the second class compartment, easily beats a coast-to-coast Greyhound for discomfort. Mexican women with three children and a rooster buy one ticket, and then, once on the train, let their charges squirm their way over into the seat that you, God damn it, paid full fare...
...find often when we are laughing in Vonnegut's books that we are laughing because what he points out is true. The truth, because it really exists, is funny. When Malachi Constant's father found he couldn't buy the Mona Lisa, he debased her by using her in an advertising campaign for suppositories; the whole idea is funny because we know it could happen, and it's true that that is about the way a lot of people alive today think...