Word: trader
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...believe that self-interest is an inherent part of the human condition and what we need to do is harness it, not abolish it." He boasts of paying little attention to pressure groups, even among his own constituents. Says he: "I'm not much of a horse trader or a head counter. I'm more interested in ideas than votes because we can't make rational policy in a country this complex unless we're guided by ideas. Time and time again we get into trouble because we're guided by pure expediency and political...
...outbreak of fighting immediately drove up prices of oil purchased on the spot market; oil brokers predicted that prices for long-term supply contracts might soon follow. The spot market reacts quickly to international tensions because it is composed of prices set by traders who usually buy and sell small shipments of crude. Spot oil in Rotterdam rose from $31 to $33 per bbl. last week and very little of it was available. Said one trader: "Everyone believes that Brazil, France and Italy will have to go on the spot market to make up for oil missing from Iraq...
Much of the show in Chicago consists of memorabilia and trinkets from the colonial years of the 19th century. Though they are of historical interest, few of them have any aesthetic dimension at all, and the effect tends to fluctuate between Trader Vic's and Portobello Road: old photos, crude portraits, a throne run up by a lo cal German carpenter in 1847 for King Kamehameha III. More recent currents in Hawaiian culture are sketchily represented by the attempts of living artists to make art based on aboriginal myth. These efforts at nostalgic revivalism look like airport...
DIED. Duncan Renaldo, 76, "the Cisco Kid" of twelve feature films and 156 television episodes in the 1950s; in Santa Barbara, Calif. After working his way up from studio janitor to leading roles in 1929 and 1931 in The Bridge of San Luis Key and Trader Horn, the Rumanian-born Renaldo was convicted of perjury for falsifying his birthplace to qualify for a U.S. passport; he served 18 months in prison, then was pardoned by President Franklin Roosevelt. Renaldo was proud of his Cisco series, in which he played an Old West Don Quixote to the late Leo Carrillo...
...Philosophically, I'm a free trader. But we've never been confronted with this situation in which we have this sudden infusion of imports. The automobile industry, despite all its mistakes, should be given some breathing room until the 1983 model year. It will take the industry that long to get the four-cylinder engines and transmissions that we need. It can't be done any quicker...