Word: rakings
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...said Wall Street's dealmakers have gone the way of the extravagant 1980s takeover wars? Wall Street giants First Boston and Morgan Stanley stand to rake in $10 million apiece for helping put together BankAmerica's $4.4 billion merger with Security Pacific. Rothschild Inc. earned $2.5 million in cash and bonds for representing creditors in the bankruptcy of Donald Trump's Taj Mahal casino in Atlantic City. And Donaldson, Lufkin & Jenrette received $2.5 million last month for co-managing a $200 million junk-bond issue for Dr Pepper. Little by little, deal by deal, Wall Street's investment bankers...
...college). His partner, Charles Lachman (the L in Revlon), had only Luck. He married into a small chemical company, enabling him to provide Revson a few thousand dollars of goods on credit to get started. In return, he got a 30% stake in Revlon and, in his words, a rake. For the next 50 years he just raked...
...week, the rules can be merciless compared with those of a court of law. In the | public eye, a defendant may be judged guilty until proved innocent, all evidence is admissible, all tactics are acceptable. Perhaps with that in mind, the defense team for William Kennedy Smith continues to rake through his alleged victim's history in search of scandal. But last week the prosecution resurrected some ghosts from Willy's past -- ghosts who may yet come to haunt him even if they never have their day in court...
...ablaze. For those who live under the resulting thick, sooty clouds, day seems like night and temperatures are 11 degreesC (20 degreesF) cooler than in places where the sky is clear. Some of the well fires could burn for years, spewing out poisonous fumes that choke the air and rake the throat, particularly when the air is still. The miasma poses a special risk to the very young, the old and the infirm. "There is a real danger to human life," says a Western diplomat in Riyadh. "When the winds stop, a lot of people are going...
Wedged between the Cambridge Common, the Radcliffe Quadrangle and the Law School is a short residential street lined with trees--the sort of place where children ride big wheels and parents rake the lawns on Saturday afternoons...