Word: raton
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Dates: during 1980-1989
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Whether hiding out in London or in Boca Raton, Fla., where he was reported to have dropped in on a weekend bankers' convention, Hunt was busy tidying up business deals. The silver baron woke up last Monday morning with IOUs scattered all over Wall Street. Chief among them: $33 million to Bache Halsey Stuart Shields; $10 million to Paine Webber and $4 million to St. Louis Broker A.G. Edwards. The biggest debt was owed to Engelhard Minerals and Chemical Co. Hunt had contracts to buy 19 million oz. of silver from the firm at $35 per oz. Fulfilling that...