Word: lynch
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...extra in his packet: he has managed to boost the company's value at a torrid 83% compound rate over the past five years, making it one of the hottest issues on the New York Stock Exchange and winning encomiums from the likes of Fidelity mutual-fund guru Peter Lynch. Just last week Green Tree reported record earnings of $227.3 million through the third quarter and a stunning 50% increase in its loan volume, to $7.57 billion over the same period last year...
ARRESTED. YASUO HAMANAKA, 48, former copper dealer for Japan's Sumitomo Corp., who lost an estimated $2.6 billion in allegedly unsanctioned trading; on suspicion of forging two documents to authorize his transactions with a Merrill Lynch dealer; in Tokyo...
...looks like the engagement between Gary Oldman and Isabella Rossellini is off. Gregory Mosher, a theater director and producer of American Buffalo, is saying that he and Rossellini are now an item. Reps for the actress, whose former loves include Martin Scorsese and David Lynch, refused to comment (and slammed down the phone...
...Harvard because it was ranked number one, and I fretted that lowly Duke was ranked only one below us. I explained I liked Harvard and the people here, but I just wasn't sure being number three was good enough to pursue my future goal of working at Merrill Lynch. Room 13 responded politely to my "problem" and asked me if I really thought it was that important, if Merrill Lynch would think the ranking was so crucial. FM found the conversation amusing and included it in the first issue of the academic year...
...MERRILL LYNCH, New York; 800-637-3863. Yes, the big bull sells mutual funds as well as stocks--118 proprietary funds, including closed-end and offshore. Of course, the old caveat applies: you buy from a broker, you pay a broker a commission--or, since it's a fund, a load...