Word: investors
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Dates: during 1980-1989
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...Exchange Commission, which charged him with stock manipulation; the FBI, which accused him of embezzlement; the Federal Deposit Insurance Corporation, which wants $9 million from Lewellyn and five New York brokerages with which he did business; the IRS, which says he owes $3.2 million in taxes; and the Securities Investor Protection Corp., which may have to reimburse any of Lewellyn's brokerage customers who lost money...
...collection of rare books that cost $50,000 to build, he points out, can be donated to a library and deducted from taxes at the current value. So the collecting is free, and the gift may be named for the donor: immortality at discount prices. Concludes Jenkins: "All an investor needs is patience, a good adviser and a collection worth more than the sum of its parts." Two sample collections suggested by Jenkins: a complete library of imprints by Iowa publishers and all of Charles Schulz's Snoopy publications...
...also impossible to control the enormous supply available in Eurodollar markets. In any case, the Administration's Thatcherian approach to Federal Reserve Policy flies in the face of its expansionary tax cuts. Tight money keeps interest rates high, thwarting the heralded supply-side investment boom and eroding investor confidence. Meanwhile, the jittery rich--hardly the bold innovators of George Gilder's mythology--put their tax cuts into diamonds or Swiss banks...
...seems fundamentally fallacious. Money sent for charitable ends will only free up more funds for the both a regime's program of internal repression and enforcement of apartheid. Harvard can exert its greatest leverage not by reforming South Africa from within--which neither it not Citibank not any other investor has been able to do--but by publicly dissociating itself from that nation and urging others to follow suit...
...McKenna, the area's premier public relations specialist, to take on Apple as a client. After refusing twice, McKenna finally agreed. For advice on how to raise money, Jobs consulted both McKenna and Nolan Bushnell, his former boss at Atari. They suggested that he call Don Valentine, an investor who frequently puts money into new firms. When Valentine came around to inspect the new computer, he found Jobs wearing cutoff jeans and sandals while sporting shoulder-length hair and a Ho Chi Minh beard. Valentine later asked McKenna: "Why did you send me this renegade from the human race...