Word: recoverers
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Never in U.S. financial history has there been a collection of commotions quite like the Great Stock Market Spectacular of 1986. Up! Up! Up! Down! Down! Down! The Dow Jones average of industrial stocks is taking sharper, swifter leaps and dives than ever before. Buy! Buy! Buy! Sell! Sell! Sell...
One by-product of the acquisition binge has been a surge in insider trading. Only in recent weeks has Wall Street begun to recover from its worst- ever scandal, when last spring Dennis Levine, a managing director of the Drexel Burnham Lambert investment firm, admitted to using insider tips on...
Clearly, rent control has worked in Cambridge. With a generally balanced policy, it has protected the naturally adversarial interests of landlords and tenants. Fifteen years of regulation have maintained rents at approximately two-and-a-half times those of 1967, an increase which is slightly less than the increase in...
Fifteen years of rent control have only accentuated the unfairness for these few landlords. They suffer because for a variety of reasons the rents were unrealistically low in 1967, and the normal General Adjustment cannot ensure rents which will recover current operating costs and provide a fair net income. The...
WE WERE NOT daunted. Rutger had been assigned by The National Enquirer to investigate an alleged Raisa Gorbachev-Yeti love baby. Neither cold of arctic night nor professional ethics would stay his appointed rounds. I followed, to aid him in danger, to comfort him in difficulty, and to recover the...