Word: insiderism
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For nearly a century and a half, another aspect of presidential speculation has been between insiders and outsiders. Eliot, when elected, was an outsider. A. Lawrence Lowell, Class of 1877, was very much an insider, and for ten years before his election Eliot’s resident iterant in the...
Boesky may have been involved in the takeover fight, but his role is unclear. He is rumored to have held $100 million worth of stock in Distillers, and at one point he talked to representatives of the Argyll Group about what he could do to help their efforts. More intriguing...
One thing is certain: the British government is serious about putting London's financial house in order. The usually dormant trade department has announced no fewer than three major investigations in the past month. Last week it issued a new summons against Geoffrey Collier, one of London's leading securities...
Abbas was also miffed at the public discussion in the U.S. of Bush Administration plans to secure $86 million from U.S. Congress to arm forces loyal to Abbas for a looming battle with Hamas. According to one insider, Abbas had wanted this kept secret. "This has put us in more...
For Thant, such histories are not an abstract or far-off thing. Fully Burmese himself, he is descended from courtiers, and grew up (in Riverdale, New York) in the same house as his maternal grandfather, U Thant, the onetime small-town Burmese headmaster who became the U.N.'s third Secretary...