Word: stockings
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...been out of prison since March and free of her ankle bracelet since Sept. 1. Now, with her conviction for lying about a stock sale on appeal, Martha Stewart is back in business. The indomitable domestic diva launches a new daily show this week and enters prime time Sept. 21 in the Donald Trump role on The Apprentice: Martha Stewart. She talked to TIME's Michele Orecklin...
...behavior of the stockbrokers at Brooks, Weinger, Robbins & Leeds might have made for a biting off-Broadway play about sleazy morality on Wall Street -- if only the firm were fictional. The young professionals at the Manhattan penny-stock trading firm allegedly sold cocaine in stairwells, traded drugs for insider stock tips and routinely signed false names on important documents, among other offenses. Last week seven of the not-so-satirical brokerage employees were hauled away in handcuffs as part of a 19-person drug bust; it was one of the biggest undercover actions ever carried out in the Manhattan financial...
...competitive pressure hyperintense. Besides the Brooks brokers, federal agents arrested a worker at Advest, a midsize brokerage, and one at Allied Capital, a money-management firm. They also hauled off five lower-level employees of New York's Depository Trust, the private clearinghouse where some $2.2 trillion in stock and bond certificates are stored for safekeeping...
...more respectable Wall Street circles, brokers winced at yet another black eye for the beleaguered stock-trading industry but applauded the sweep. Top officials at better-known brokerages claimed that the undercover action came partly as a result of their complaints about drug dealing in Wall Street's plazas and office corridors. Said one top stock market executive of the busted brokers: "They are the dregs of the industry...
...Spanish grammar so he'll be ready for South America or ponder how he is going to compose a concert scene for a recently commissioned mural. "While working on one mural, I make sketches for the next and think about the third," he says. "I'm like a theater stock company that does one play a week, rehearsing next week's play and reading the play for the week after!" For performing his repertory so brilliantly, Levenson wins unstinting applause and rave reviews...