Word: knitted
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Even in the Year of the Merger, last week's announcement shocked the close-knit world of Wall Street. Salomon Bros., the world's largest trader in government securities and corporate bonds, was combining with Phibro, the world's largest commodity trader. The $550 million marriage will create a new international financial juggernaut. Said George Ball, president of E.F. Hutton: "There had been inklings of some internal dissatisfaction and potential losses for Salomon Bros., but nothing that had been a harbinger of a move to sell out to another firm...
However, Marvin is innately domestic ("I want a tight-knit family"), and through the agency of a psychiatric guru, Mendel, played in an excruciatingly droll fashion by Chip Zien, a leaky roof is kept over all heads. From the opening number, Four Jews in a Room Bitching, the humor is spikily and spicily urban and ethnic. The actors are spirited, and Director James Lapine's tempo is stopwatch crisp. In astringence and cleverness, Finn is the child of Stephen Sondheim. In the current musical theater, no one could choose a better master or pay an apter tribute...
...contrast, within the close-knit fraternity of international bankers, Quraishi's moods can vary from cold calculation to disarming cordiality. Says a London banker who deals with him often: "When he squints his eyes, you have to watch out. When his eyes twinkle, you know you are doing well...
...important fact: so far as France's powerful administrative apparatus is concerned, there is less to the latest government switch than meets the eye. Whoever is running the country politically, bureaucratic power within the French civil service remains guarded by the graduates of a small number of closely knit, government-linked grandes écoles (great schools), which also provide manpower for the national political parties, be they of the left, right or center. The bureaucratic system and the elite institutions that feed it are geared to political neutrality. Frenchmen both inside and outside the new Socialist government...
Like the average American family, Shales watches more than 40 hours of television each week. "Some people knit and do their homework while they watch TV," he says. "I open my mail." But then he adds mildly: "After all, only about 2% of what's on is worth really watching." One can almost see a dyspeptic network executive, somewhere in Manhattan, reaching for his Maalox...