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Word: carbelleira (lookup in dictionary) (lookup stats)
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...sell orders. Within minutes of the Fed's announcement, one trader ran up to chief bond manager Carballeira and roared, "I've got $20 million 3s offered at 4." He got the O.K. sign. "Joe, I have a customer for $50 million 5s at 3." "Those are done," said Carbelleira. "Joe, I got a customer for $10 million 3s at 5." "No more," said Carballeira, and then: "Hey, is everyone all right?" The traders were too busy making deals to answer...

Author: /time Magazine | Title: Greenspan's Rates of Wrath | 11/28/1994 | See Source »

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