Word: investers
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...probusiness. Though Abe Beame insists that "we've weathered the storm," his own Temporary Commission on City Finances reported last month that the city is still in peril. The commission urged greater austerity and more enticing tax reductions for business, and told the city it must invest whatever funds it can spare in economic development rather than traditional services...
Because native capital and technical know-how are scarce, Keating has been traveling from Tokyo to Houston persuading industrialists to invest in the thinly peopled (pop. 3 million) republic. On just one swing in April and May to Japan, Australia, Canada and the U.S., Keating brought back $150 million in new contracts from the U.S. alone. Through the offices of the Industrial Development Authority, the government agency charged with stimulating industrial expansion, Keating sets up lunch and dinner dates with corporate chiefs and ends up with his cowlick flying, making speeches in a lyric tenor. Even bored businessmen come...
...estimate more than $450 million has been invested in Ireland by U.S. companies ranging from General Electric, which makes components for color-television sets, to Bally Manufacturing Corp., the Chicago slot-machine company, which exports one-armed bandits from Dublin to Sydney. "We couldn't do business in Australia without that Dublin plant," says Bill O'Donnell, Bally's president, "because Ireland qualifies for special treatment on tariffs there." Although Keating is concentrating his efforts on the U.S., he recently lured Beecham Group Ltd., the big British pharmaceutical firm, to invest in a 50-acre site near...
Howard runs a private investment portfolio-known as "a hedge fund"-that has earned more than 1,000% on its original investment in 1969. His firm's current assets: $20 million plus. Anyone who gave Howard $10,000 to invest then would have upwards of $100,000 today. But then, who would have trusted Marc Howard to handle a $2 bet? A college dropout who had held 25 different jobs between 1962 and 1969, he started Howard Associates on begged and borrowed money in a one-bedroom apartment in Flatbush. Not until 1973 did he feel that he could...
...Agitprop. The players invest the slapdash plot with wit and perfect timing. Wheeling on crutches necessitated by a recent stage fall, Lloyd's Bill has a saturnine piratical mien worthy of Long John Silver. Though slightly reedy of voice, Meryl Streep renders the Brecht lines with impeccable intelligence. The marvel of the evening is the Kurt Weill score, arguably superior to that of The Threepenny Opera...