Word: middlemen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...public yesterday the image was a flat flounder. Key was Salon's pioneering participation in a Net experiment that uses a Dutch auction to set the IPO price before trading. The Dutch format helped kill any big first-day run-up but it also cut out the Wall Street middlemen. Early shareholders may have missed out on a Net IPO bonanza, but Salon is laughing all the way to the bank...
...little doubt that the family grew wealthy at the expense of the nation. Suharto laid the foundation by establishing an intricate nationwide system of patronage that kept him in power for 32 years. His children, in turn, parlayed their ties to the presidency into the role of middlemen for government purchases and sales of oil products, plastics, arms, airplane parts and petrochemicals. They held monopolies on the distribution and import of major commodities. They obtained low-interest loans by colluding with or even strong-arming state bankers. Subarjo Joyosumarto, managing director of Bank Indonesia, describes an environment that "made...
Arming the group is an expensive business. K.L.A. purchasers are buying not factory direct but from shady middlemen who see the war as a perfect chance for price gouging. Says a spokesman: "An AK-47 normally costs $100, but we always end up paying at least double." That is nothing compared with the cost for mortars and other ammunition, let alone for the high-tech antitank weapons the K.L.A. at Kosare needs. New K.L.A. recruits are flea-market soldiers, carrying illegally acquired (or stolen) guns and identified by K.L.A. shoulder patches made in Germany. Heavier weapons come largely from East...
...Netscape wasn't just another Silicon Valley software company, any more than Apple is just another computer maker. Netscape stood for something grand, something transcendental and empowering. It gave people the tools to communicate their ideas cheaply or sell their stuff to anyone on the planet without going through middlemen, censors, gatekeepers or even...
...result is an industry that deviates from the typical free market, filled with middlemen who lack incentive to lower prices, maintained by a group of student consumers held captive to their syllabi...