Word: trader
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...there so much agonizing over layoffs at NBC when hundreds of people were getting axed at GE's turbines division? "You think they're happy?" he snapped.) Tisch, the Loews chairman who had never fired an employee before taking over CBS in 1986, is portrayed as a Wall Street trader with no strategic vision and few management skills. Tom Murphy, who engineered Capital Cities Communications' 1985 acquisition of ABC, is the hero of this tale by default. Though Cap Cities' no-frills style caused a rude culture shock at ABC, eventually Murphy proved to be the most humane and broadcast...
...tithes from its members, the church has vast holdings in real estate, financial services, broadcasting, publishing and insurance. The church's strict morality (it forbids premarital sex, gambling and the use of tobacco, alcohol and drugs) reinforces the hardworking nature of Utah's people. A Wall Street bond trader puts it succinctly: "All they do there is breed, pray and make money...
...transaction-heavy institutions, leaving the exchanges with lower-volume, higher-cost trades, mainly from individuals. Big Board chairman William Donaldson calls this "cherry picking." He also suggests that the Wunsch system may be riskier for investors, since it operates outside the exchange's many rules for data reporting and trader conduct. Donaldson wants Wunsch's system regulated as a conventional exchange, with trades conducted through broker-dealers...
...assistant in the office of Manhattan borough president Ruth Messinger, has grown his hair for a year, partly, he says, "because it was practical." It was also his way of keeping alive the Age of Aquarius. While Michael Aymar, 32, was on Wall Street as a bond trader, he kept his hair short, following an unwritten code. But last year, yearning for his student days, he asked his bosses at an ad agency if there was a policy on hair length. He got no reply, and today his ponytail is 4 in. long...
...Chihara -- hacked away an hour of running time, primarily pageantry. A funeral procession was eliminated. A 3 1/2-minute ballad about the hero's adulterous love was compressed to 30 seconds. A formalized yet rousing 12-minute battle scene was fought and won in five. Musical exchanges between a Portuguese trader and a Jesuit missionary became clearer and quicker as dialogue. Almost every show in tryout undergoes revision, but few weather change of this magnitude...