Word: schreibers
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More worrisome still for Carter is the Jewish vote, concentrated in the Miami area, where the President must win by a wide margin. Last week the Carter campaign was jolted when Dade County Commissioner Barry Schreiber, a Miami lawyer who supported Kennedy in the primary, joined the Reagan camp as an "unofficial liaison with the Jewish community." Explained Schreiber: "As an American, I am deeply convinced that Mr. Carter cannot be trusted to keep his pledges concerning the security of Israel." On Sunday the President got some welcome news. Although a poll by the Florida newspapers showed Reagan leading...
...music. Only a couple of performances have much character--Paul Redford's cigar-chewing Loge and Grace Shohet's teasing Brunnhilde stand out. This is one show where the technical crew deserves more credit than the performers; Eric Cornwell's lighting, Antony Rudie's technical direction, and Jennifer Schreiber's stage-managing must all be epic efforts...
...Schreiber keeps tight control over his agents in Frankfurt, New York, London, Hong Kong and Singapore, contacting his team almost instantly to find out who is buying, where and why. Such intelligence enables the bank to be extremely precise in its own actions. Says Schreiber: "Even after we submit written bids, we usually adjust them by a few cents via Telex right down to the deadline." At the U.S. Treasury auction last month, Dresdner's bid came in just high enough to win, and a Swiss competitor's offer failed by only 20? per oz. One clear moral...
...Treasury's auction late in August, Schreiber bid $301 per oz. for gold that had been selling the day before at $299; Dresdner acquired 720,000 of the 750,000 oz. that were on sale. Many competitors thought that Schreiber had paid too dearly, but as of last week Dresdner and its customers had earned more than $23 million on those transactions...
Some of the gold goes to the bank's own account, but most is for its clients. The Dresdner is rumored to be active as an agent for Middle Eastern investors, though much of the demand is from West German money managers. Schreiber advises them to keep one-quarter to one-third of their investments in gold...