Word: salesmen
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...most vulnerable species of all is the customer, victimized by salesmen whose bonuses depend on how many questionable securities they can unload. Retribution is the rarest commodity on Wall Street, but in Liar's Poker it makes several appearances. In 1986 the financial action begins to leave Salomon Brothers for other concerns -- and so do many of the best employees. The house that has thrived on hostile takeovers itself becomes a target. Then comes the Crash of '87, when "investors froze like deer in headlights" and hardened professionals were "helpless as they watched their beloved market...
...year. One of those is headed by Poon Tat Hing, whose ivory network has extended from Africa to Dubai and Singapore, and into Japan. His shop, Tat Hing Ivory, displays 6-ft.-tall ivory figures that sell for $15,000 and up. When asked where the ivory comes from, salesmen simply say "Africa." The Lai family's Kee Cheong Ivory Factory boasts in a brochure that it can produce 30,000 ivory bangles, 40,000 necklaces and 100,000 rings every month. In its squalid sixth-floor shop, high-speed drills send up plumes of ivory dust, and tusks registered...
...told Iowans last year in a lecture on the work of local culture. "Country people more and more live like city people, and so connive in their own ruin. More and more country people, like city people, allow their economic and social standards to be set by television and salesmen and outside experts...
...even smile for Kelly's semiannual follies. He dismisses another candidate offhandedly: "Tell her she can do my show if she stops doing drugs." Meanwhile, the designer darts in and out of the sewing room, nipping a tuck here and pinning a fold there on a muslin pattern. Later, salesmen unload briefcases of fabrics. Kelly picks up a purple knit. He smells it. "Combien?" he inquires. The answer: 125 francs ($20) per meter. "Why so much?" Kelly challenges. The bargaining is serious: Kelly, whose dresses run from $395 to $2,200, builds his business on providing a less expensive alternative...
...years, the handsome 34-year- old Cuban emigre has used a turn-'em-on and turn-'em-in technique to entice some 18 Florida and New Jersey women into setting up drug deals that led to their arrest. Instead of targeting street-level dealers and wholesale drug salesmen, Portell promised love and occasionally marriage if the women, most with no prior criminal record, would only set up a cocaine buy. When the deals went down, DEA agents were on hand to make an arrest. Defense lawyers charge that Portell's undercover work, for which the DEA has paid...