Word: sales
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Dates: during 1980-1989
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Exotics. Legalization could lead to the sale of synthetic drugs or derivatives like crack without any understanding of their effects...
...many a Monday morning, when the first copies of TIME go on sale, I have paged through the magazine and felt the twinge of a missed opportunity. My letter to you in this space had mentioned a cover story, some other single article or member of our staff, but neglected half a dozen other pieces that were similarly distinctive. So I made myself a promise: This week I will write about stories that I am particularly proud of in this issue, until I run out of space...
...pure form, index arbitrage involves the simultaneous purchase of stock index futures contracts and the sale of the stocks that make up the index, or vice versa, to make a profit on the temporary "spread" or price difference between the two. Supporters of this classic kind of arbitrage say it provides a useful and necessary link to equalize prices between the stock markets in New York City and the futures exchanges in Chicago. But recently some Wall Street firms have taken to delaying one or the other leg of the two- part transaction, depending on which way the market...
...town's Jaycees, who organize the roundup as a community fund raiser, claim that of some 40 in the country, theirs is the largest and oldest, drawing crowds of 8,000 a day. They expect to clear about $40,000 from the take at the door and the sale of skins, meat and venom...
...person of Saul Bellow, a Nobel laureate, no less, who administered a scolding to those who had rebuffed Kennedy's manuscript and thereby inaugurated a streak of magic. When Ironweed finally appeared in 1983, it won a fistful of awards, including the Pulitzer Prize, not to mention a sale to Hollywood for a big-budget adaptation (Jack Nicholson! Meryl Streep!). Meanwhile -- the narrative gets even better -- Kennedy, now 60, found himself the recipient of a MacArthur Foundation fellowship ($264,000 over five years), diverse other honors, and that peculiar American status,the long, drawn-out, overnight success...