Word: roundabouts
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Dates: during 1980-1989
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...investment house's clients. The SEC says Vaskevitch illegally passed such tips to Sofer, who then arranged to buy the takeover stocks through two Wall Street brokerage firms, MKI Securities and Russo Securities, neither of which has been charged with wrongdoing. The profits from the trades returned in a roundabout way to Vaskevitch and Sofer through two intermediate companies, situated in England and Liechtenstein, in which Sofer held an interest, the SEC claims...
...began to climb, U.S. chip buyers objected, and some began threatening to take their manufacturing operations overseas. Meanwhile, slower sales abroad created a chip glut in Japan, driving Far East prices as much as 50% below the agreed-upon "fair market" values. Result: a boom in illicit roundabout sales. Large numbers of low-priced Japanese chips turned up in Hong Kong, South Korea and Taiwan, and middlemen, known as the suitcase brigade, secretly ferried them...
...sent a letter to both the council and SASC explaining why the Corporation would not meet. His proposal to set up a committee to look into the possibilities for opening up dialogue is at best roundabout and at worst a cover-up of the refusal to meet. Bok's letter to SASC stated that "in ten years of contact with your organization I cannot say that I have ever detected much interest by SASC in putting forth a detailed argument in support of total divestment." That's just absurd...
Gift there was, however, and after near oblivion, Inge is being rediscovered: last week the Roundabout Theater in New York City mounted a powerful Come Back, Little Sheba, the first major Manhattan production since its premiere. The Berkshire Theater Festival in Stockbridge, Mass., is currently staging A Loss of Roses with Elizabeth Franz and Shaun Cassidy. A musical version of Bus Stop and a West Coast stage revival of Picnic are pending, and Washington Post Drama Critic David Richards is writing an Inge biography...
Texas, and Texas A & M, which gets one-third of the revenue on oil, gas, sulfur, and water from the land, make money in a roundabout, tricky way. Last year $176 million came into Texas's $2.3 billion endowment from the fields, but all the income from the principal of the endowment was spent. W.L. Lobb, who oversees Texas's endowment, says that all endowment income gets spent each year paying off old bond issues the universities have taken out for construction and operations...