Word: jay
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Dates: during 1980-1989
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...strength and weakness of this striking work is that it reads like a crime novel. But its protagonist, Jay Carsey, at age 47 really was president of Charles County Community College in Maryland. And on May 19, 1982, days before commencement, he really did withdraw $28,000 from the bank, drive to the airport, mail several letters, down some vodkas and board a flight. One of the letters was a brief note of resignation. One was a short statement to his wife that he was leaving because he was a "physical and psychological disaster." A postcard, to a close friend...
...game is a hard-charging sport, complete with big- bucks sponsors, a 29-tournament tour of 13 states, an aggressive players' association, lucrative television deals and mobs of loyal fans. "Players used to party all night and wake up under a coffee table an hour before the game," remembers Jay Hanseth, 37, a 19-year veteran player. Now, he says, "there's so much money at stake, players take it very seriously...
CONTRIBUTORS: Kurt Andersen, Jesse Birnbaum, Patricia Blake, Gerald Clarke, Jay Cocks, Richard M. Cohen, John Elson, Pico Iyer, Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Richard Schickel, John Skow, Richard Stengel, George M. Taber, Andrew Tobias, Denise Worrell...
CONTRIBUTORS: Kurt Andersen, Jesse Birnbaum, Patricia Blake, Gerald Clarke, Jay Cocks, Richard M. Cohen, John Elson, Pico Iyer, Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Richard Schickel, John Skow, Richard Stengel, George M. Taber, Andrew Tobias, Denise Worrell...
...nearly two decades Princeton/Newport paid investors a 19% annual return by using computers to take advantage of small discrepancies between the prices of stocks and their associated warrants, which are the rights to buy stocks at a certain price. But then founding partner Jay Regan got greedy. According to the Government's case, the Princeton/Newport executives tried to manipulate the market, starting in mid-1984, through a technique called stock parking. They arranged to sell some securities at a loss and then repurchase them at the same or slightly higher prices. The party ended one wintry day in 1987, when...