Word: merchant
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Last week Stockman, 41, joined the mass defection from Salomon since October's crash by jumping to merchant bankers the Blackstone Group. He will also start his own affiliated firm, Stockman & Co., thus becoming his own boss at last...
...hold up $7 million that the U.S. will soon owe Panama as a periodic payment required by the Panama Canal treaties. Delvalle has persuaded most of Panama's worldwide consulates to retain the more than $20 million in annual payments that the government reportedly receives from 11,000 merchant ships registered under the Panamanian flag. In a written response to questions from TIME last week, Delvalle declared from hiding, "All imaginable pressures, no matter how dramatic they may seem, should be taken if we want to have a democracy in Panama...
...their steady profit stream. But since traders are now risking large amounts of capital in increasingly volatile markets, investment bankers argue that the money would be better spent to finance ventures that lately have produced more reliable income. Dealmakers like Wasserstein and Perella are especially eager to become merchant bankers, who use their own capital to help finance mergers. Merchant bankers can make either a so-called bridge loan to a company that is attempting a merger or a direct investment in a company that is being acquired...
...took effect in November, pushy panhandlers were the city's leading source of complaints. Mayor Charles Royer claims to have stacks of letters from visiting businessmen annoyed by Seattle's rowdy street people. Culling his own substantial collection of angry correspondence, Police Captain Jim Deschane quotes a local merchant: "Our employees are constantly accosted in our parking lot, and our customers are intimidated before coming into our store. We live and work in constant fear...
...violence began two weeks ago in Gaza, the squalid swath of poverty along the Mediterranean that is home to 600,000 Palestinian Arabs. Rumors spread that an Israeli truck had deliberately rammed two cars carrying Arab workers, killing four of them, in retaliation for the murder of an Israeli merchant. By the next morning much of Gaza was covered with smoke from burning tire barricades. Thousands marched through the dirt streets carrying photocopied pictures of local youths who had died in the unrest. In the following days, troops attempting to disperse the demonstrators were greeted with showers of stones, iron...