Word: men
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Dates: during 1960-1969
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Prosperity reached almost embarrassing proportions for Wall Street during the bull markets of the past couple of years. As stock prices climbed and trading volume rose to unprecedented heights, brokerage commissions swelled to $5 billion a year, and six-figure in comes became commonplace among customers' men. Now the securities busi ness is mired in a painful recession. Caught between sharply rising costs and a sluggish volume of trading in the ner vous market, brokerage houses have closed scores of branch offices, laid off hundreds of workers and rushed into mergers to fight a flood...
...Arndt, now 31, admittedly devotes his life to a pursuit of pleasure. He spends his money supporting his yachts, estates and Rolls-Royces and buying extravagant gifts for his wife, former Austrian Princess Heñriette von Auersperg, who is four years older than he, and for the many men friends whose company he cherishes. "If Ruhrkohle takes over the responsibility of paying for Arndt, the state will be financing his playing," said Horst Niggermeier, a union official. "Is it right for 1,000 miners to work to support one playboy...
...rivals still struggle to outdo each other in size of fleet and fortune, and are now engaged in a fierce competition to win a Greek government contract to build a huge shipping and industrial complex. Though they get most of the publicity, they are only the two most conspicuous men in a large group of Greek shipping magnates, most of whom are known in nautical circles as the "other Greeks." While the Golden Greeks ardently seek publicity, the other Greeks shun it. Collectively, they have a far greater impact on world business than Onassis or Niarchos, and individually some have...
Personally, most Greek shipping men scorn the sybaritic life, preferring to live in.a quietly sumptuous style. They shuttle among offices and residences in several countries, unnoticed except by their captains (whom they instruct to call them at any hour of the night if a problem arises). Lemos, for example, maintains his principal office in London, owns a penthouse in Athens and a home in Rye, N.Y., and has permanent suites at Claridge's in London and the Lausanne Palace. Most of the shipowners return to their home islands for summer vacations. When all the clans gather on Inoussai...
Biological Predestiny. Men are killing off sperm whales at the rate of 25,000 a year, perhaps one-tenth of the total stock, and Dr. Scheffer is indignant at the profligacy and lack of "humaneness" with which this is done. But it is the whale's biological predestiny that saddens him most. Nature seems to have no future plans for the whale -an animal with beguiling potential yet lacking the indispensable potential to evolve beyond itself...