Word: rescuer
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...cash in their shares in I.O.S. funds, heightening doubts about the future of the company. In turn, I.O.S. was reportedly forced to dump some of the U.S. stocks that it held, further depressing the market in Wall Street. After word got out that hard-pressed I.O.S. had a potential rescuer in King Resources-the oil and mineral corporation controlled by John King-that corporation's stock dropped in one day from...
...moneymen who were vying to take over. By week's end the rescuer had not been chosen, but the flamboyant, 42-year-old Cornfeld was forced to resign as chairman and chief executive of the I.O.S. empire, which throughout Europe is now called "S.O.S...
Another possible rescuer appeared to be Guy de Rothschild's Banque de Rothschild. The Paris-based Rothschilds operate one mutual fund jointly with I.O.S. Last week they were putting together a group that included their cousins, the British Rothschilds, and other European bankers, to move into the Geneva situation. They would probably command more respect in Europe than Denver's King, and they too demanded that Cornfeld give up power. Six or eight other European banks and U.S. investment groups were said to be readying bids...
...line has never had a fatality, in spite of plenty of close calls. Once Petersen was forced down on frozen Rhone River. On the ground he laid a spruce-bough SOS, and after he had been spotted, had to wait helplessly for several more days while his rescuer stole some of his business...
...relation to mountain or water spirits. Children sometimes dress in striped tiger clothing to ward off evil influences. It is unlucky to meet a bald-headed man on the way to a mah-jongg party and dangerous to help a drowning man, because evil spirits might drag the rescuer down too. The aggregate of thousands of such superstitions is not transcendental or spiritual. It is not an attempt to commune with the unseen forces but to constrain them. It is all part of what Amaury de Riencourt calls "magic realism...