Word: salesmen
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However, Massachusetts residents have three days, not ten, to reconsider and cancel contracts they sign with door-to-door salesmen. I am afraid your writers overextended our credit...
High-Voltage Sales. Cornfeld started I.O.S. 14 years ago as a one-man firm in a Paris flat. Today it has grown into the world's largest financial sales organization, with 16,000 salesmen and 800,000 clients in 110 countries. Despite the natural resistance created by falling stock and mutual-fund prices, the high-voltage organization last year almost doubled its sales, to $3.1 billion. Just under $1 billion in cash flowed into the company's coffers. I.O.S. not only manages eleven mutual funds of its own but has spread into almost every major field of finance...
...sold to great numbers of Europeans who had hitherto put most of their money into land or bank accounts. To avoid the risk of picking stocks for investment, he ingeniously created the Fund of Funds, a mutual fund that buys the shares of other funds. Soon Cornfeld was hiring salesmen in droves and inspiring them with his own zeal through generous stock options and commissions that grow larger as their sales volume increases. I.O.S. salesmen draw no salary and pay their own expenses: many fail and quit, but the survivors often grow wealthy. Many of Cornfeld's early associates...
I.O.S. has periodically tangled with other suspicious governments, which sometimes accuse its operatives of bending the spirit if not the letter of the law. I.O.S. salesmen have been temporarily jailed in Brazil, India and Pakistan on suspicion of helping residents to avoid laws against sending money abroad. Last week Greek police were investigating I.O.S. on similar grounds...
...Salesman. The Maysles brothers' pseudo-documentary about door-to-door Bible salesmen on the job. It doesn't all hold together, but the technique is quite something and the real-life characters unbearably...