Word: rothschild
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...purchase and sale of the metal remain in London and Zurich. As it has been since 1919, the worldwide price has been set twice a day on the London gold market by five of Britain's leading dealers in bullion. They meet in the offices of N.M. Rothschild & Sons, the City bank, and agree upon a price at which all are prepared to trade in the metal that day. Meanwhile in the U.S. an enormous and highly speculative market in the trading of gold "futures" contracts has developed on the New York Commodity Exchange and Chicago's International...
...been very popular, more popular than one might have guessed, with younger women graduates for a very specific reason," Rothschild says. "Women in business today like to take clients to lunch the way men do and it's hard. You go to a restaurant with a man and the waiter will inevitably give the man the check. This way the women like to be able to take someone to their club," he adds, but women remain greatly outnumbered in what is still essentially a male institution...
Though there are few women, Rothschild is right when he says "you go in there and there are a hell of a lot of young people in there." Of course, the gentlemanly oldsters who look like escapees from New Yorker cartoons are still adequately represented, but they are a minority. The club has made extensive recruiting efforts in the past decade, usually making two or three trips to Cambridge every year to streamline the admissions process for new graduates. The admissions procedure, once a formidable obstacle, is now a mere technicality. William S. Kelly '70, a member of the admissions...
...Rothschild notes another reason for the presence of young members. When asked whether the club was a place where people could make "connections" in the business world, he replied, "We hope it is." However, younger members deny that they made business contacts in the club and in the years of expanding membership, the club seems to have lost some of its reputation as an outpost of the "old boy" network, a place where socializing and climbing the ladder could be accomplished in the same afternoon or in the same conversation...
...Rothschild, however, was not in a final club at Harvard. He says with more than a hint of bitterness in his voice, "when I was at Harvard, guys named Rothschild were not in final clubs." He adds, "I think the final club aficionados tend to gravitate more towards the more social clubs, like the Knickerbocker and Union...