Word: solicitations
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Serafim-Rock Professor of Business Administration Howard H. Stevenson, a leading scholar of entrepreneurship, left the B-School in 1977, retiring while under consideration for tenure. But McArthur took the initiative to solicit funding for a new endowed chair and then offered Stevenson the position...
...rare coins, gold, oil and gas leases, and diamonds. One Tulsa-based telemarketing company cleaned up by selling shares in a "secret process" for converting volcanic sand on Costa Rican beaches into gold. A swindler who had been convicted of selling shares in a nonexistent gold mine continued to solicit new investors from a pay phone in his Wyoming prison...
...artists have found a highly receptive audience among the millions of U.S. investors who routinely conduct stock and bond trades over the phone with their brokers. Because it is normal for legitimate brokers to solicit new business by making cold calls, crooks posing as Wall Streeters have talked elderly investors into borrowing heavily against their home equity to buy into schemes touted as surefire. "We are confronted with a national epidemic of truly staggering proportions," says John Baldwin, president of the North American Securities Administrators Association, a group of state officials who regulate brokers and dealers...
...elude detection by local authorities, these operations usually solicit only out-of-state targets. On rare occasions local officials are alerted by complaints from distant victims and manage to track the money trail back to the boiler room. But the crooks typically flee across state lines and start all over again...
...causes of black- on-black violence, aired footage of the war in Angola and exposed the activities of the White Wolves, a right-wing terrorist group. Critics charge that the show crosses the line between journalism and advocacy. But staffers insist they are open to many views and regularly solicit South African officials for comment. "We strive for journalistic credibility," says O'Connor, "but we have no problem being identified as antiapartheid...