Word: buying
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Dates: during 1970-1979
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...avant-garde any more, since its old ambitions of provocation and social attack have been swallowed by the prostrate tolerance of institutions. Its only battle is a shadow play, the game of opposing (or marginally embarrassing) its patrons, the bankers and art dealers who can afford to buy Beuys' work...
Chrysler has, however, been showing some signs of financial sanity recently. For example, it has abandoned its policy of building cars on speculations. (This year Chrysler had 80,000 new models that nobody wanted. Enter Joe Garagiola and his brilliant sales pitch: Buy a Chrysler, get a check.) And Friday, Chrysler decided to stop giving out dividends to preferred stockholders...
Through other trades, he swelled his market stake to six figures. ''But the stock market was a little slow for me. Man, I thought I could do better in commodities. In commodities you make a profit, then you buy more, you pyramid. I was shorting wheat like crazy when Eisenhower landed Marines in Lebanon. Everybody bought wheat, and it soared. I lost all my $100,000.'' Canizaro...
...Orleans is a conservative town, its bankers an inbred bunch who do not cotton to outsiders. And, as Canizaro remarks, "for many years New Orleans was not pro-Italian." He put a $5,000 deposit on a downtown plot, then tried to borrow more to buy it. "There was enough income coming in from the property to service the debt if only somebody would lend me the money." The Establishment would not. Finally, he found a small bank to make the loan, and he started prospering. Canizaro...
...Post, Collier's, American Mercury, American Magazine, This Week, Woman's Home Companion, Country Gentleman, Scribner's magazine. Faulkner received rejections from all of these journals, some now defunct, as well as from a few survivors like The New Yorker, but he also published enough to buy precious time for his novels...