Word: partner
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Dates: during 1960-1969
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Corey's relationships had indeed been good. While doing his part in trying to cope with grain surpluses as head of the Agriculture Department's Commodity Stabilization Service in Portland, Ore., he was also storing the stuff as a silent partner in a commercial grain warehouse...
...State John Foster Dulles pushed through a resolution opposing Communist domination of any Latin American nation. The disapproval among Che's friends in Guatemala was immediate and violent, and he was swept along by their passion. Two months later, with the U.S. Central Intelligence Agency as a silent partner, a Guatemalan colonel named Carlos Castillo Armas launched his counter-revolutionary invasion of the Red-dominated country. As F-47s swooped down over Guatemala City with U.S. pilots at the controls, Guevara dashed blindly around town trying to organize a resistance force. When Arbenz caved in without a fight, Guevara...
...April of last year, despite the increased margin, there was $550 million more credit outstanding on stocks than now. Thus, many Wall Streeters believe that when the Fed says that credit regulation is its only motive, it is telling only half the story. Says Luttrell Maclin, partner of Paine, Webber, Jackson & Curtis: "The Fed became worried about declining business and stock prices. Its action is no longer a function of stock market credit but a veiled effort to fiddle with prices...
...unnecessary guessing game about the Fed's intentions. They feel that 70% margin is too high in today's economy, and that with U.S. consumer credit at a record $52.8 billion, too tight a hold on stock credit is unfair. Says Isaac W. Burnham II, senior partner of Burnham & Co.: "To exact 90%, 80% or 70% margin on the world's most liquid collateral-listed securities-is outrageous. The Fed ought to set margins at 50% and leave them there; 50% is adequate protection for customer and broker...
...local ballplayer, Pete ("Old Gladiator") Browning, broke his bat. Young Hillerich offered to make Browning a new one. The next day Old Gladiator rapped out three hits. Ballplayers figured that young Hillerich made bats with hits in them, rushed to place orders. By 1904 John Sr. was a full partner in the firm. He started an advertising trend by getting famous players to endorse his bats, wrested the professional bat market away from front-running Spalding Manufacturing...