Word: lynching
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Dates: during 1980-1989
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...percent is a healthy amount, and if theywanted to take dramatic action, they couldannounce that Harvard was selling the stockbecause of dissatisfaction with the company," saida spokesperson for Merrill Lynch. "But I don'tknow if there would be any changes...
Depending on the small college market could ultimately sink Microfridge, Inc., said Chuck Ryan, an industry analyst at Merrill Lynch. Ryan also said the retail price was high enough to be a probable stumbling block...
...Merrill Lynch was bullish on Alan Schlesinger as a prospective customer, but the company's brokers pushed him a little too far. Five years ago, the suburban Boston lawyer began an epic campaign to stop Merrill Lynch's brokers, as well as numerous rival callers, from peppering him with phone pitches. First he wrote a polite letter asking the company to desist, but still the calls came. Then he wrote a more threatening note, and still the calls came...
Schlesinger then sued the brokerage for invasion of privacy in Massachusetts county court and won the case last June (Merrill Lynch is appealing). The judge issued an injunction prohibiting Merrill Lynch from calling Schlesinger, yet barely two months later, a Merrill Lynch broker rang him up. The attorney filed a complaint for contempt of court, and Merrill Lynch was ordered to pay $300. Said a spokesman: "We tried everything to keep Mr. Schlesinger's name off the lists. But we have 12,000 brokers. One of the calls slipped through...
...thinking in hundreds of thousands when I was thinking in millions. He never really understood the fungibility of debt and equity." Later, capital for some deals was assembled by indicted Drexel junk-bond financier Michael Milken, whom Ingersoll regards as a close friend. Says media analyst John Morton of Lynch Jones & Ryan in Washington: "From all we can learn, the company is healthy, although heavily leveraged. The small papers are cash cows. I admire him for taking this risky venture. But I'm from Missouri on this one -- he'll have to show...