Word: broker
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Dates: during 1980-1989
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...Hong Kong, where even insider trading is no crime. By the puritan standards of the U.S., says one American banker, "the lack of public disclosure here is scandalous." The city is a mecca for arms dealers, drug traffickers and business pirates of every description. "Where else could I broker a deal that involves machine guns from China, gold from Taiwan and shipments traded in Panama City?" says a Brazilian arms merchant who maintains an apartment in Hong Kong...
According to a White House official, Laurel, stranded in Hong Kong during the mutiny, had his chief of staff telephone U.S. Ambassador Nicholas Platt in Manila. Laurel's aide requested U.S. support for the Vice President's offer to broker a negotiated solution to the impasse. The deal: Aquino would be replaced by a rebel junta, presumably including Laurel himself. The U.S. declined the offer. Late last week Laurel denied he had made such a request and demanded a denial from Platt as well. The embassy replied that during the coup attempt there was no "communication" between Laurel...
...fortunate, since most of the children had left. But the twister that roared through the city killed 18, ranging in age from 2 to 67, and demolished 119 houses. "It just started shaking and tearing at everything it could get hold of," said real estate broker Ike Carroll. Jeweler Robert Husman, buried under debris in his demolished store, squirmed to the surface. "I came up looking at the taillights of a Toyota station wagon," he recalled. The wind had swept the car atop the fallen roof of the building...
...passionate nature. At home she spends five hours writing letters, preparing testimony, drafting speeches and devouring all the information she can find on how and why Pan Am Flight 103 exploded over Lockerbie, Scotland, last December, killing 270 people. One of the victims was William Giebler, 29, a bond broker who had married Wendy less than a year earlier. "I have nothing else left to live for," says Giebler, who transformed her grief into action. "This is what I consider my career...
...Castelli and Paula Cooper will be lost. Big dealers will have their tame resident critics, as princes their poetasters. There will no longer be much distinction between collectors and dealers, and the collector-as-amateur will be extinct. On the boards of many museums, a new breed of broker, the collector-dealer-trus tee, will hold sway. And art will keep draining out of America toward Japan and Europe. Welcome to the future: a full-management art industry. Most of it is here already...