Word: stockings
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Dates: during 1980-1989
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...family that holds a 10% interest in Southland made a deft maneuver. John, Jere and Jodie Thompson, whose father Joe founded the firm in 1927, offered to buy the rest of the company for $3.8 billion, or $77 a share, and take it private. Just seven weeks ago, Southland stock traded at $48. But investors may reap yet bigger rewards. Southland stock closed the week above $79 a share, a sign that speculators believe a raider may surface with a higher...
...stockbroker, starring Charlie Sheen, his father Martin, Daryl Hannah and Michael Douglas. "I would have never cut the mustard on Wall Street," Stone admitted during a break between scenes. "I did poorly in economics -- I got a C, and my mathematics were suspect," he laughs. "I lost on every stock I ever invested in." It was not for lack of example, however. Stone was first exposed to the big-time financial world by his investment- banker father. Explains Stone, who co-wrote and directed the film: "I've always wanted to make a business movie ever since...
Shares of ZZZZ Best stock, which had traded for more than $18 a share three months ago, plummeted last week to less than $1, triggering suits by flabbergasted stockholders. One investor is reported to have lost $7 million in the debacle. But the hardest hit was Minkow. Not only had his $100 million stock holdings shrunk to less than $6 million, but his oft announced dream of making ZZZZ Best the "General Motors of carpet cleaning" was irrevocably shattered. Once lionized as an emblem of what brash youth can do, he had become, almost overnight, a symbol of where overreaching...
Administrators would reply, "How would you have us listen to students? They can't approve every stock transaction we make." One thing the Iran-contra scandal seems to reveal is the fact that Congress cannot meddle in the minutiae of foreign policy. However, Congress most definitely has a role in setting larger policy boundaries. In much the same way, students could not and should not attempt to involve themselves in the day-to-day management of the University. But they can help formulate the larger goals of tenure, investment, and other policies which they now have no influence over, perhaps...
These and other departing companies have been under enormous pressure to get out of South Africa. Shareholder groups threatened to dump their stock, while states, cities and counties vowed to deny them contracts and customers pledged to boycott their products. South Africa's political unrest and sluggish economy have also been deterrents to doing business. The resolve of some firms to remain in South Africa weakened two weeks ago when the Rev. Leon Sullivan, who in 1977 wrote a widely accepted set of principles governing responsible investment in South Africa, advocated total corporate withdrawal from the country. He called...