Word: trader
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...White House seemed just as surprised to learn that Argentina had enormous grain reserves ready for sale to the U.S.S.R., a fact known by any grain trader in Chicago. The U.S. then sent a special emissary to Argentina to ask Strongman Jorge Videla to cooperate in the U.S. embargo, but Videla, who had been pilloried by the State Department's human rights pronouncements, refused. The Soviets will be able to make up about 60% of the lost U.S. shipments. Concedes a senior State Department official: "The grain embargo has become symbolic...
...since O'Donnell studied them while on a fellowship to Kyoto in the mid-'70s. The desire to activate every part of the surface with emphatic silhouetted forms, stopping just short of congestion, is the animating principle of O'Donnell's work: he is a trader in visual surprises who can set his big, fractured geometrical forms, the loops and slices and incomplete circles of color, moving with splendid élan. A work like Palaestra, 1979, shows his peculiar talent for keeping up a lively debate between edge and surface in the reactions between the rhythmical...
...Francisco, Victor Bergeron, owner of the 20-restaurant Trader Vic's chain, sent a cable to all members forbidding them to buy or sell either product. Then he personally smashed his last six bottles of Stolichnaya vodka. The five Fairmont hotels throughout the country also announced that they will not stock Russian vodka, or caviar from the Soviet Union or Iran. Though no figures are available, the boycott will have little effect. Most vodka consumed in the U.S. is domestically distilled; the liquor from the Soviet Union sells in limited quantity at high prices...
...International Emergency Economic Powers Act. Cries of "Food for crude!" are starting to be heard. The White House, however, has no present intention of halting food supplies. If the U.S. later plugs up this cornucopia, Iran will be less vulnerable than it once was. As a Persian grain trader says, "We are earning $24 billion a year from oil. We can buy food any place we want...
Without hearing a word of what is being said or shouted, any experienced trader on the floor of the New York Stock Exchange can listen to the hum of voices around him and tell what is happening. An up market has a different pitch from a down market. But old Wall Street hands vividly remember an exception to that rule. One day 50 years ago next week, recalls David Granger, 76, a senior partner at Granger & Co., a Wall Street brokerage house, "there was a hush over the floor that I've never heard since. It was funereal." Indeed...