Word: trader
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...Government intervention in the marketplace. "I'm not very popular with the people around the White House anymore. I told them (on trade policy), 'Let's make sure we don't get hosed.' They don't like that. This Administration sees you either as a protectionist or a free-trader, with no shades in between. And we're going to lose, as a country, for it." Given the protectionism and market intervention practiced by Japan and other foreign governments, Iacocca would have Washington intervene in the market too, setting up import tariffs and quotas to keep manufacturing jobs...
ACQUITTED. Marie McBroom, 59, a New Jersey commodities trader; of six counts relating to illegal traffic in oil and gasoline, an offense that carries the death penalty under a law passed five months after her arrest; in Ikeja, Nigeria. Detained in February 1984 in an anticorruption sweep, McBroom argued that she had been an innocent go-between in the allegedly illegal oil deals. During her year of imprisonment in Nigeria, she contracted malaria and lost 40 lbs. She left for the U.S. the day of her acquittal...
...pithy style allows him to cover a lot of landfill in a hurry. If his roots seem shallow, it is because he finds no place to sink them deeper. "Florida is spiritually unclaimed," he writes. "There is no harmonic abstraction, no stereotype such as the cowboy, the Yankee trader, the trapper, the woodsman, the planter--no hero of history around which the population can rally." Rothchild feels most at home on the highway, caught between a senior citizen driving his Oldsmobile at 10 m.p.h. and a teenager in a Mercedes closing in from behind...
...University of Minnesota dropout, Jacobs started working full time in 1959 for his father, a Russian immigrant, who ran a gunnysack business. In the mid-'60s the company flourished, selling sandbags used to dam floods along the Mississippi. Jacobs early showed a trader's instinct, buying merchandise at business liquidation sales and reselling it. At 18, he got 300 pairs of skis at a U.S. Customs auction for $13 a pair, then sold them right outside the auction hall for three times as much...
Fortunately, Menikoff includes the original version of The Beach of Falesa, which is roughly half as long as his scholarly preface and many times as interesting. The story Stevenson intended is a bit grittier and more pungent than the one that appeared. A vagabond British trader named Wiltshire tells of being assigned to reopen a defunct post on a remote island. He is befriended at first by a man called Case, who enjoys a trading monopoly. Case persuades the newcomer to take up with Uma, a beautiful, half-naked native girl, and arranges a sham wedding ceremony. Before long, Wiltshire...