Word: racanelli
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...settled over the floor when trading ended Monday. Normally, traders work for an hour or more after the exchange's closing to process transactions, but activity had stopped dead. Traders and clerks looked stunned, and some wandered the floor trying to figure out what had just happened. Said Frank Racanelli, a floor trader for Elton Securities, "It was orderly, very orderly. There was never any real panic. I think you will see some good buying opportunities on Tuesday...
...Because contests are competitive, most oil companies keep the results secret, and players have no way of knowing how long the odds are. But they are trying all kinds of gambits to make them shorter. Newspapers carry personal ads seeking matches, with an offer to split the prize. John Racanelli, owner of a Chicago pizza parlor, is typical; he spent $8 advertising in two papers for the other half of his $2,500 Dino Dollar card. "Everybody who called had the same coupon I did," says Racanelli. "I never won anything...
...Night Watch. In Chicago, someone broke into Charles Racanelli's tavern, took $300 in cash, $1,000 worth of liquor and his 145-lb. great Dane watchdog...
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