Word: perils
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Dates: during 1970-1979
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...unwitting onlooker may become a high-rolling bidder. Only half in jest, Louis Marion, who headed the old Parke-Bernet firm and was the father of SPB's President John Marion, once cautioned: "Women who use then- catalogues to salute late-coming friends do so at their peril." In practice, a buyer who wishes to remain anonymous prearranges his signals with the auctioneer. Thus a bid may be wigwagged by a nod, a wink, a patted handkerchief, a crooked finger, an arched eyebrow. Says one Manhattan auctioneer of a prominent patron: "When he turns his back on me with...
...assurance came not a moment too soon. Observed a top international banker in London: "The situation is fraught with peril. There are only potential sellers of dollars out there, no buyers at all." Added Giuseppe Tome, an investment banker in Geneva: "The feeling exists in the banking community that a fuse has been lighted in world finance. No one is yet predicting an imminent explosion or panic, but if one does come, people will hardly be surprised...
...worst peril is the damage that the Iranian crisis can do to the international financial system that is the lifeblood of the world economy. Nearly all the currency printed or minted by the U.S. remains physically inside the U.S., but an estimated $750 billion in legal claims on that money are held by foreign governments, corporations and individuals as so-called Eurodollar accounts overseas. Many of those accounts, including the bulk of the frozen Iranian assets, are located in the foreign branches and subsidiaries of U.S. banks. The funds are not under the jurisdiction of Washington...
...crutch to college. The insecure may empathize with the tongue-tied beanstalks in the section on relationships--but what's a manual called College Knowledge without a discussion of carnal knowledge? As it is, all references to clandestine activity--booze, drugs or sex--are submitted from the parent/medic perspective: peril shadows those who indulge. Long lists proclaim the relative effectiveness of various contraceptives; even lengthier ones describe the side effects of drugs. Most students are already bombarded by such warnings, yet Edelhart omits what could be the most useful information to students themselves: how to deal with a friend...
...down Fifth Avenue in a limousine, chatting amiably about the political struggle. As the limousine rolled past St. Patrick's Cathedral, Kennedy was suddenly seized by the inner imp. He leaned forward and with a grin saluted the cathedral's spires. Just as suddenly he realized his peril and barked: "That's off the record." J.F.K. allowed Cardinal Cushing to come down from Boston to give a prayer at his Inaugural. With Kennedy's victory certified, if only by an eyelash, it was apparent that the old fears about Roman Catholics in high office were nearly...