Word: lynch
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...places, particularly the Midwest." Soliman predicts that Mexican restaurants will double their business by 1985. Many others are bullish as well. "I don't think it's a fad," says Drexel Burnham's Greditor. "Is pizza a fad?" Says William Trainer, a restaurant analyst for Merrill Lynch: "I think Mexican restaurants have lots of room to grow." Regardless, the onrushing Mexican-food chains have already made tostadas, burritos and the like as familiar and as American as egg foo yung. -By John Greenwald. Reported by Sheila Gribben/Chicago and Janice C. Simpson/New York
DIED. Louis Engel, 72, retired advertising vice president of Merrill Lynch, credited with being instrumental in his company's effort to "bring Wall Street to Main Street"; of undetermined causes; in New York City. Creator of a popular 1948 ad that lucidly distinguished between a stock and a bond, Engel later expanded it into an investment guidebook for laymen (How to Buy Stocks) that sold more than 4 mil lion copies and helped sell the idea of investing to a broader array of Americans...
Saying that a Harvard player roughed the Penn placekicker on the unsuccessful attempt, referee Bob Lynch spotted the ball at the Harvard 11 and let Shulman aim for the uprights again...
...response of the Salvadoran business community to Hinton's speech offered few grounds for optimism. In addition to castigating the Ambassador for his words, the Chamber of Commerce and Industry advertisement referred to U.S. blemishes, including bygone lynch laws and the continued existence of America's own criminal Mafia. Friendship between nations, said the advertisement, is "a generous sentiment, not subject to conditions." Alas, that is hardly ever so in international relations. As Hinton warned, friendships that come under intolerable strain can also come...
Birk is just one of the current crop of top corporate executives who prefer to think on their feet. George Shinn, chairman and chief executive officer of First Boston Corp., a leading investment-banking house, has been a devoted stander for twelve years. Shinn, a Merrill Lynch alumnus who also had backaches, believes that tall desks are simply an outgrowth of evolution. Says he: "We crawled and walked on all fours before standing, so the upright posture is the most natural." Both Shinn and Birk are following in the tradition of Edward Allen Pierce, a Merrill Lynch founder who worked...