Word: traders
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Dates: during 1990-1999
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Investigators said last week that Brach had been romanced by a horse trader who defrauded her of hundreds of thousands of dollars and had her killed when she threatened to expose him. The long inquiry into her disappearance broadened when one contact led to another in the silky world of expensive horseflesh, and stories began to emerge of heavily insured animals that were clubbed, electrocuted and burned alive. The man responsible for the death of Brach, according to authorities, was just one part of a big, sorry picture involving prominent horse owners, trainers, riders and veterinarians. In all, 23 people...
...outline of his life seems a fable of what emigration could inspire. The young artist -- Cole was the son of a small trader from Lancashire -- arrives in the aesthetically uncharted wilderness, where, self-taught, by dint of "natural vision," he begins to create a new, true and specifically American picturesqueness out of rocks, gorges, sunsets, trees and distant Indians. He is taken up by the plutocrats of his day, some with long patrician roots, like Stephen van Rensselaer III, America's biggest landlord, and others more recently arrived, like the grocery millionaire Luman Reed. Old money wanted to show that...
...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...
...Kidder, Peabody & Co. head Michael Carpenter was replaced by two GE executives as parent company General Electric tried to redeem the securities firm's stained image. The management shake-up followed a bond scandal in which a Kidder trader was accused of misreporting $350 million to bolster his bonus, as well as a projected second-quarter loss of up to $30 million...
...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...