Word: walls
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Dates: during 1960-1969
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...founders wore them." Many secretaries employed in lower Manhattan's financial district live with their parents in Brooklyn, Queens and New Jersey, thus dress with far more restraint than their emancipated counterparts working in the midtown area. "That's why," says a broker at Lehman Bros.' Wall Street area office, "I love to be invited to lunch uptown...
Whatever they may be worth on the market, stock certificates have always had a certain value just hanging on the wall. Christmas shoppers have been known to frame a particularly handsome, ornately engraved share of stock for the man who has everything. Unfortunately, the beauty of certificates lies only in the eye of the holder. To those who buy, sell and keep them in trust, they are a constant headache...
Combined with the new Central Certificate Service, which will eventually allow brokers to leave all stocks traded among themselves in a central clearinghouse, computerized certificates should go a long way toward streamlining back-office operations on Wall Street. But skeptics wonder whether the new measures may not be too late. Due to the paper work glut, brokers are often unable to deliver securities within the legal five-business-day period. Though such "fails" have not yet been a serious problem, technically they now represent a $3.24 billion debt owed by firms caught short of certificates. The situation could become critical...
...girl passing unsteadily into womanhood. Returning to the family's 200-year-old farmhouse for the funeral of her mother, she reluctantly stays on to tend her aged uncle (Gerard Parkes), a walking reflection of her long-gone relatives, who stare down eerily from faded photographs on the wall. With the spring thaw come the chills: the specter of her dead brother looming in the doorway, a face glowing in the darkened pantry, a bloody, headless chicken twitching in the melting snow...
Sloganeering. At 54, Shapiro feels that he has been back-stabbed by "the heirs to the kingdom of Wall Street-the latest generation of betrayers and destroyers . . . that practices infantilism on a scale which has never been seen...