Word: warburgs
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...Britain's most prestigious investment banking houses, N.M. Rothschild & Sons and S.G. Warburg & Co., were barred from participating in a $20 million bond issue for Marubeni, a Japanese trading company. In a startling admission, officials of the lead bank in the deal, London's Kleinwort, Benson, Ltd., admitted that they had acceded to pressure from two other participants in the underwriting, the Libyan Arab Foreign Bank and the Kuwait Foreign Trading, Contracting and Investment Co. If Kleinwort had not given in, said its chief, Sir Cyril Kleinwort, the Arabs would have invested their money elsewhere. But other London...
...government and $25 million for Volvo. Merrill Lynch Chairman Donald Regan was not about to exclude Lazard or slight its chairman, 76-year-old Andre Meyer. The Kuwaitis then dropped out of the deals. Echoing the typical sentiments among investment bankers, Paul Judy of Chicago's Becker and Warburg-Paribas beamed: "I'm glad that somebody stood up to them...
...just don't get turned on by football," Philip N. Warburg '77 said. "I think it represents the ultimate in Ivy League decadence...
John Kenneth Galbraith, Warburg Professor of Economics, declined to comment on the non-market distribution of candy, sending word that he was busy with guests. "We have some Russians here," Emily Wilson, Galbraith's housekeeper, explained. "They've never seen trick-or-treaters...
...another reason, too, Arrow is at the center of the department's current problems. He is the youngest of the department's great individualists, men such as Simon S. Kuznets, Baker Professor of Economics Emeritus, Wassily W. Leontif, Lee Professor of Economics, and John Kenneth Galbraith, Warburg Professor of Economics, on whom much of the department's reputation has long been founded. But Kuznets has retired, and Galbraith and Leontief are in their sixties...