Word: erdman
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...Israel Singer it started with a book. In 1994 he chanced to read a Paul Erdman novel, The Swiss Account, that alluded to Allen Dulles' wartime role as America's top spy in neutral Switzerland. The hints of unsavory Swiss behavior enticed the ordained rabbi and former political science professor from New York City into reading a biography of Dulles, which made reference to a U.S. intelligence operation code-named Project Safehaven. Its mission: to track down Nazi gold and loot being smuggled out of the Third Reich...
...Conference Board, a business research group, rose 2.6 points, to 57.7. That's still way below last July's 101.7, but it's a start. It also fails to reflect consumer reaction to the cease-fire, which was announced after the survey was completed. Says economist Paul Erdman: "The American nation refound its confidence on the Persian Gulf battlefield. That confidence is seeping down into the national psyche and could help bring on an economic renewal. The war showed we don't have to play second fiddle to anybody, that we don't need the Germans and the Japanese...
...Paul Erdman...
...seems like only yesterday that it was next year. Paul Erdman's The Panic of '89 was on the best-seller lists, sounding financial doom in the midst of a powerful bull market. That was, in fact, in the winter of '87, nine months before reality iced Wall Street. Erdman does not have to worry; quicker than a program trade, here he is, hedging his investments with a sixth novel. The Palace offers no scenario for economic disaster. Quite the contrary. The book is a racy tale of how one clever and gutsy (though not especially honest) fellow can rise...
...Erdman, a former banker in Switzerland, knows all the tricks of pecuniary titillation. The main characters are all endowed with big bottom lines. Short, grubby Danny Lehman, the dubious hero, parlays his assets into fantasies of opulence, power and sex. Lehman is a loner who outwits the law and organized crime and favors the company of a hooker who reads Dostoyevsky. All things considered, he is more appealing than the run-of-the-mill Sammy Glick. Erdman's knowledge about money laundering and creative financing firmly establishes the novel's authority. An unabashed weakness for shady operators and a hearty...