Word: sell
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Dates: during 1980-1989
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Baby Bells. Meese also "probably" violated conflict-of-interest laws by taking part in Justice Department decisions that could have enhanced the value of the stock he held in regional Bell Telephone companies. Although Meese had tried to transfer the shares to a financial adviser, he did not actually sell them and continued to get dividend checks. But he did not cash them, and McKay found no evidence that Meese sought to profit from the Justice Department deliberations...
Administration officials contended last week that it is in America's interest -- strategically, diplomatically and economically -- to meet the military needs of friendly Arab states and thereby maintain some control over how the weapons are used. "If we don't sell the Kuwaitis the weapons systems they need," said a State Department official, "they are going to go elsewhere...
Just how straight is the system? Less than brokers would have us believe, according to Mayer. Insider-trading indictments make headlines, but outside investors are also disadvantaged by a structural convenience that benefits the professionals: brokerage houses buy and sell for their own accounts as well as those of their customers. This can be a conflict of interest, especially during volatile periods. Mayer corroborates the Brady commission report on last October's crash, which suggested that many Wall Street firms unloaded their own falling stocks before executing customers' sell orders...
...dominating sentiment at least since 1886, when Henry Grady, one of the founding fathers of Atlanta boosterism, expressed his dreams for a New South. When I lived there, the tension built into its attempt to become the City Too Busy to Hate was apparent. Although what it had to sell was its connection to the South, its national ambitions called for a constant struggle to escape the South -- particularly the South's reputation for being backward and racist. In those days, the struggle did not always go well. A lot of Atlanta's residents were not, in fact, too busy...
...cancellations is Jerusalem, where stores, hotels and restaurants are desperate for some well-heeled visitors. Along the Cardo, a rebuilt Roman boulevard in the Old City, ten of the 18 shops have closed; others have had to slash prices to attract customers. "My sales are off 80% because I sell mainly to Americans," says Eli Heller, manager of a leather- apparel store. Grumbles Ruth Elkayam, a cashier at Tayelet restaurant: "It doesn't pay to open up in the morning. Our business is off by 90%, and instead of 40 workers we have 17." At the new Hyatt Regency...