Word: trader
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...such trader is Leonid, a lanky, unshaven roughneck who formerly belonged to an elite unit of the Soviet army. After leaving the military in the late 1980s, Leonid spent several years repairing apartments and fixing toilets, until he started brokering Russian-made wine in front of the Kiev railway station. When he was pushed out by a group of gypsies who controlled the wine trade, Leonid turned to imported cigarettes. Since then, he has branched out; one week he may move a consignment of flashlight batteries, the next a shipment of government-issue boots, obtained from a corrupt policeman...
...firm Kidder Peabody, went through a management shake-up today in a bid to regain some of its lost reputation. Kidder owner General Electric was rumored to be pondering whether to dump the poorly performing financial house, especially in light of recent allegations that the company's leading bonds trader had dramatically inflated actual profits. GE seems more committed than ever: along with the management shuffle, it recently sunk an additional $200 million into the enterprise...
...Rosty (everybody calls him either that or Danny) that they have already settled on his successor. The new chairman will be Florida Democrat Sam Gibbons, 74, an affable and experienced veteran of 31 years on Ways and Means but hardly Rosty's equal as a coalition builder or horse trader. Though Gibbons insists he is a leader, he concedes he has not steeped himself in the arcana of taxation to the extent Rostenkowski has; Gibbons' primary interest has been trade. Some Democrats talked of choosing a younger and more dynamic chairman for Ways and Means, but the move collapsed after...
Should Joseph Jett be regarded as Nietzsche's Ubermensch incarnate? Jett was recently fired from his Wall Street post as head government-bond trader at Kidder Peabody, the 128-year-old investment bank. He allegedly masterminded an illegal trading scheme that will result in a $140 million loss for his company...
...editorial in Barron's, the financial weekly, Joe Queenan ridiculed Jett's insidious appreciation of European culture: "Accused Kidder trader was a fan of Nietzsche, for goodness sake." Queenan's amusing editorial argued that the only difference between Jett and all other Wall Street traders was Jett's keen interest in Nietzschean philosophy...