Word: mancuso
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...right. That morning, the Dow was down an additional 190 points, but that proved to be a bottom. By 11 a.m., Peter Mancuso, floor manager and senior partner at Buttonwood Specialists, was on a roll. "All I hear is buy, buy, buy. It is unbelievable," he exclaimed. The excitement on the floor was uncontrollable. One floor trader shouted at a reporter, "Get out of my way. You're costing me money...
After the closing, Mancuso said, "I don't think anyone thought we would rally 337 points. That we would do 1.2 billion shares, literally twice the old record. It's incredible. I think we told Hong Kong that we are the leading market in this world, and when it is time to go up, we will move the market...
...that, Mancuso and the rest of Wall Street can thank the stalwart individual investor. It was the institutions that sold Monday. Individuals simply never got the chance. Tuesday, the overwhelming response of the little guy was to either do nothing or buy more stock. As mutual-fund managers took note, they realized two things: they would not see a rash of redemptions that day, and thus did not have to worry about keeping a lot of cash on hand; and many stocks were quite a bit cheaper than they had been a day earlier, so maybe they ought...
...This was a young man in a hurry. Diller was soon developing two important formats: the mini-series (QB VII) and the made-for-TV movie (such as Duel, Steven Spielberg's debut feature). In 1974 he moved to Paramount, where he, Michael Eisner, Jeffrey Katzenberg, Frank Mancuso and some other sharp people spurred a renaissance of the studio, with such hits as Saturday Night Fever, Grease, Raiders of the Lost Ark, Flashdance and Terms of Endearment...
...Diller tangled with Martin Davis, chairman of Gulf & Western, which owned Paramount, and left the studio to become chairman of Fox. (The same year, Eisner and Katzenberg went to Disney; Mancuso stayed to run Paramount.) Murdoch, who bought the studio a year later, gave Diller the mandate to create a fourth prime-time network. That he did, with his patented management style: creative listening. "What Barry does," says Garth Ancier, Fox's TV programming chief under Diller, "is assemble teams of people and then bring them into the room to debate different ideas. He obviously ran the whole thing...