Word: select
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...hungering for something to get action out of," says Robert T. Allen, vice president of Shearson, Hammill & Co., the big Manhattan brokerage house. Especially hungry are the managers of "performance" mutual funds and hedge funds, both of which have sold themselves to investors on the promise that they could select stocks that would surge ahead no matter what the rest of the market did. The stocks that most of them selected-computer, conglomerate, oceanography and nursing-home issues-have fallen hard in this summer's bear market...
...Senate Select Committee on Small Business recently postponed scheduled hearings on the SBA, concluding that the agency has so many problems that a "60-day reprieve" would be necessary for it to "gather itself together." The House Small Business Committee went ahead with its own hearings and heard blacks and whites criticize inaction, lack of imagination and the kind of slipshod procedures that resulted in the use of funds to guarantee a $135,000 bank loan to Lou Brock, the St. Louis Cardinals star whose salary is $85,000. "Black capitalism has not failed, because it was never given...
...third objective is to establish better understanding among a select group of people who will be in top leadership roles in their countries in the years ahead...
...recommended that the neighborhood board name a special five man committee to select his successor...
...three-piece set of calf luggage? Those who would-and do-constitute the glittering clientele of Gucci, the Florentine leather company that offers fancy quality at fancy prices. Before flying off to wed Aristotle Onassis, Jacqueline Kennedy stopped at Gucci's Manhattan shop to select a brown crocodile handbag. Darryl Zanuck had Gucci copy his favorite 30-year-old valise, and Capucine bought a leather dog carrier. Frank Sinatra recently sent his secretary to pick up a pair of moccasins. Other regular patrons include Rothschilds and Rockefellers, movie stars and magnates from several continents...