Word: rothschild
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Dates: during 1980-1989
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...holdings. If the firm has good potential or a good product, it has usually already attracted the attention of investment bankers, who aggressively seek out prospects to earn the profits that come from underwriting the initial public offering. Says Chairman Thomas Unterberg of New York City's L.F. Rothschild, Unterberg, Towbin, a leader in new issues: "Getting there first is very important. The firm that gets the deal is usually the one that got there first and then spent the most time...
Once he reaches his Wall Street office by cab at 8:30 a.m., Unterberg, 53, keeps on hustling. As chairman of the investment-banking firm of L.F. Rothschild, Unterberg, Towbin, he has a talent for finding young companies ready to go public and selling their stock. He spends nearly half his time on the road, particularly in California, scouting for prospects. In 1983 Rothschild underwrote new issues worth $1.4 billion. The biggest: a $123 million stock offering in Diasonics, a Milpitas, Calif., firm that makes advanced medical diagnostic devices. On that deal, Rothschild earned a fee of $1.7 million...
...cost of their three-liter bottles. The serious wine collector can find remarkable bargains among prestigious Bordeaux and Burgundies, as well as vintages from lesser-known petits chateaux that have never exported before. In fact, the top vintages, such as a 1978 Chateau Petrus and a 1975 Chateau Lafite Rothschild, have resisted price-cutting. Even these are good buys at $82.95 and $79.95 respectively. As Sherry-Lehmann notes, "They will outlive most of us." -By Michael Demarest...
...latest House action disturbs many industry officials, including Archie McGill, a former IBM vice president, onetime head of AT&T Information Systems and now president of Rothschild Ventures. Says he: "It's a real tragedy that Congress is poking its nose in at this point. The game plan is in place. To shake it up for two bucks a month is just not rational...
...double biography, The Brothers Singer, British Writer Clive Sinclair traces that journey back to Poland, where Singer was born in 1904. If a writer's capital is his childhood, Singer is a literary Rothschild, still retailing anecdotes he heard swirling through the streets of Bilgoray and Lublin. Many stories contain transsexual themes-oblique references to his mother and father; Isaac's older brother, Novelist Israel Joshua Singer (The Brothers Ashkenazi), called his parents' marriage "a tragedy, due to the fact that fate transposed genders in heaven." His father, a rabbi, was "soft," his wife was "sharp...