Word: overnighters
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...York City's bluff, ebullient Democratic mayor from 1946 to 1950; of a heart attack; in Manhattan. The luck of the Irish "Billo" had, at least in the beginning-immigrant from County Mayo at 20, bartender, hod carrier, New York City policeman, night-school lawyer and overnight hero in 1940 when, as Brooklyn D.A., he uncovered the infamous Murder, Inc. and sent seven of its killers to the chair. That made him mayor of New York, and a good job he seemed to be doing too-until he suddenly quit "because of health" to take a less taxing...
Just before midday, when France's Giscard d'Estaing signaled approval from his government, the deal was finally closed. Almost overnight, a handful of men had managed to raise $3 bil lion, relying completely on gentlemanly agreements and a structure of confidence built up over many years. The bundle that they produced will enable Britain's central bankers to buy, buy, buy sterling-until the speculators finally get tired of selling. It was a remarkable show of ability and confidence, and it dramatically demonstrated that the world's cool money managers can perform truly heroic feats...
...University of Mississippi professor ticked off incident after incident to prove his thesis, noting with particular joy that Jackson mayor Allen Thompson "has changed overnight from one of the state's greatest racists to a very respectable pleader for law and order...
Wilson's first big decision in office was as bold as it was desperate. In an urgent attempt to close Britain's critical trade deficit, he abruptly decreed an extraordinary 15% tax on imports, doubling Britain's tariffs overnight (see WORLD BUSINESS). Though Whitehall insisted that the tax was only a stop-gap measure, Britain's trading partners throughout the world protested that it was a backward-looking move that might jeopardize years of patient progress toward lower tariffs. Wilson's rebuttal was contained in his next major policy pronouncement, a detailed White Paper emphasizing...
...driven to five-martini lunches by the demands and problems of advertising in Brazil. Of the country's 76 million people, 50% are illiterate and, besides, too poor to buy mass magazines. There is no national television, radio or newspaper. Inflation is so rampant that prices sometimes change overnight. All these handicaps have proved, however, to be advantages for a fast-moving Brazilian named Cicero Leuenroth, who has built his Standard Propaganda into Brazil's largest advertising agency by combining Madison Avenue drive and efficiency with a deep understanding of the special needs of Brazil's consumers...