Word: pikers
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...different parties, different generations and different regions, but they have two important things in common. Each is almost universally regarded as a certain loser in his party's New Hampshire presidential primary, and each has the panting support of William Loeb's Manchester Union Leader. Never a piker in his predictions, Publisher Loeb even says that he thinks Yorty will win the Democratic primary...
...said, deadpan, to an Amherst group. "If you've listened to President Johnson's State of the Union address, I think you'll understand why." Johnson, he charged, had "out-Roosevelted Roosevelt, out-Kennedyed Kennedy, and even made Harry Truman look like some kind of a piker." Far from having a conservative bent, he said, Johnson "has outliberaled every liberal since...
...their peaks, such stocks as IBM. Texas Instruments. Xerox and Hewlett-Packard climbed to anywhere from 80 to 120 times earnings. Raskob was a piker. Some companies such as Itek and Farrington became glamour stocks even while they were still operating in the red. And as investors became more and more intoxicated by growth, the inflation in price-earnings ratios spread across the board, from speculative risks to the conservative blue chips. Such companies as General Electric. Johns-Manville and International Paper saw their stock prices rise even though their per share earnings failed to increase-or even declined...
...patron of the arts, the U.S. Internal Revenue Service has made Lorenzo the Magnificent look like a piker. The law, tolerantly enough, lets people give paintings to a museum, take current appraised value as a deduction from taxable income, then keep the paintings in their homes for life (TIME, Nov. 24). But many a giver wants to get an extra measure of tax advantage by inflating the value of the gift. The method is to get an "expert" to pin a false appraisal on the work; the Government has not often questioned the appraisals. In one case, a dealer sold...
...biggest brokerage house, Merrill Lynch, Pierce, Fenner & Smith Inc., gave 7,900 of its employees bonuses totaling $10.9 million, 55% more than last year. Elsewhere on the street, in reflection of the New York Stock Exchange's first billion-share year since 1929, employee bonuses ranged from a piker's minimum of one week's salary up to 70 weeks' salary...