Word: trader
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Through its aggressive dealmaking, the fledgling company, which had only about 20 traders operating out of a fifth-floor attic above a Wall Street area clothing shop, elbowed its way into the thick of play. Using what they thought to be sophisticated, computer-guided trading strategies based on a secret computer program code-named Arnold, Drysdale's two top dealers, Richard Taaffe, president, and David Heuwetter, chief trader, managed in little more than three months' time to amass an astonishing $4 billion-plus portfolio of borrowed U.S. Treasury securities...
...fever can strike anyone, anywhere. Betty Talmadge, ex-wife of Georgia's former Senator Herman Talmadge-and author of an excellent cookbook, How to Cook a Pig-has been acquiring porcine memorabilia for seven years. Chicago's Charles Braverman, a commodities trader in pork bellies, owns, among other items, a $2,000 brass pig dinner bell, a $2,400 pig ashtray and a 100-lb. lead pig, which adorns the front of his house. David Mercer, 36, a former lawyer who started Boston's Hog Wild! in 1978, mails the Hogalog catalogue advertising his "Pork Avenue Collection...
...understand Gaddafi is to understand his heritage. Son of a nomadic livestock trader, he was born in a tent in the desert near the Libyan town of Sirte in 1942 Libya was then occupied by the forces of Italian Dictator Benito Mussolini, and its people were treated, at best, as fifth-class citizens. That bitter memory, as much as his tribal upbringing and education in Muslim schools, shaped Gaddafi...
Then just as fast as a sudden summer's storm at sea, it was over. Said New York Floor Trader Dennis Valentino: "I've never seen a turn-around like it. The market turned on a dime and went straight up." Wall Street professionals have always been skeptical of the Barnumesque Granville, and Big Money managers in charge of directing the investments for mutual funds and pension portfolios decided that they could pick up some bargains because stocks had fallen too far. The big institutions lumbered in to buy solid stocks like General Electric, which was trading...
Little is offered to ameliorate these spasms of despair. Daniel questions his father about the old man's grandparents, a French-Canadian fur trader and a Blackfoot Indian woman. But seeking his heritage only makes the son realize how much of it has been lost. Seeing unknown relatives at his father's wake, Daniel muses: "For me, they brought with them a crude air as of a settlement in the woods of people of strange blood, a settlement which was not really a success." Reconstructing a gathering his family had held some 20 years earlier, he recalls...