Word: kuhn
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Dates: during 1980-1989
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...stocks like General Electric, which was trading at its year's low of $52 a share, Burlington Northern, available at a near giveaway morning low of $36%, and Exxon, offered at a fire sale $30 a share. Said Michael Sherman, director of stock research for the Lehman Bros. Kuhn Loeb investment banking firm: "The Granville predictions created a classic buying opportunity. Many people felt compelled to buy because they knew stocks were being sold for emotional reasons." Quipped Stock Analyst Larry Wachtel: "I sent Joe a telegram that read: 'Having wonderful time, wish you were here...
...National Liberation Party, however, is a socialist group with a a tradition of high spending in previous administrations. This time around, it will have to be more tight-fisted than ever before. According to a new government-commissioned report by the New York investment house of Lehman Brothers Kuhn Loeb, Costa Rica's credit requirements will rise over the next five years to more than $4 billion, a gigantic sum for so small a country. The report, which in effect asks Costa Rica's many creditors to demonstrate as much mercy as possible, concludes that the country faces...
With the threat of another Black Sox scandal looming, Commissioner Kuhn broke his strikelong silence to assure fans that he would "preserve the integrity of the game." The playoff plan was altered so that if a club won both halves, the second playoff spot would go to the team with the second best record during the second season. Thus each team would have to win games, not lose them, against every opponent. Cincinnati Reds President Dick Wagner called the solution a "whitewash," an understandable complaint since Kuhn had effectively nullified 35 Reds' victories in the first half. Equally outraged...
...John M. Kuhn...
...clear that the economy, as well as businesses by the tens of thousands, would suffer jolts aplenty if protracted and real chaos wrecked the smooth functioning of commercial aviation throughout the U.S. Says Robert Joedicke, an airlines industry expert with New York City's Lehman Bros. Kuhn Loeb investment-banking firm: "Air transport is the nation's only basic means of transportation beyond 500 miles. Without air transport, you absolutely hamstring the economy." Just how much it is hamstrung will depend on the duration of the turmoil in the skies...