Word: gist
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...another record high. The short-lived sell-off was sparked by Barton Biggs, 50, chief portfolio strategist for Morgan Stanley & Co., the Manhattan investment banking firm that handles $7 billion in investments for clients, including about $5 billion from Kuwait. During a routine Monday-morning planning session, the gist of which was flashed to Morgan's clients, Biggs said he was becoming a little wary about the market. "I am inclined to be considerably more cautious about fresh buying," says Biggs...
This was the gist of Andropov's proposal last December when he suggested that the NATO-Soviet balance of INF missiles consist of 162. British and French missiles (with no American missiles) and 162 Soviet SS-20 missiles. Andropov added that the Soviets were entitled to match future British French INF deployments with equivalent Soviet INF deployments. He also noted that the Soviet Union would insist on a balance of nuclear-capable aircraft against NATO aircraft (British, French and American as well) Last week, Andropov specifically proposed a numerical balance between the number of warheads of British French INF missiles...
...Production Company B sells it to Corporate Promoter C for $250,000. But C pays only $2,500 in cash, the rest in a twelve-year "recourse note," then leases the master record for seven years to various investors for $16,000 each, and . . . have you lost track? The gist of it is that all these investors in the inflated property can pay their share largely with loans, which are later forgotten, and then the total investment can be deducted from the investors' income. The IRS has so far found 5,200 returns that used this ploy during...
...street, carrying their few possessions in tattered bags. Nemy not long ago got in a classic OOR with her column about her own shopping bag ladies--the women who after a tough day at Bloomingdale's must maneuver through the streets and into their taxicab overburdened with purchases. The gist of the column was a breathless admiration for those specially blessed women who manage never to appear overburdened--and a coy suggestion that these women must have legions of servants secretly following a few steps behind and carrying all their bags. More savvy still, they may even have all their...
...wide a variety of problems. The issue at hand was draft registration. Yet people managed to address--albeit eloquently--problems like. South Africa, Central America, and Lebanon. In trying to strengthen the argument against draft registration by evoking tenuous links to other dilemmas, speakers diluted the main gist of the protest...