Word: koerner
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...lovers here are David Koerner, a clever, successful, 42-year-old TV producer, and Elizabeth Adderley, a formidably bright and attractive woman whose occupation until recently was wife and keeper to a wealthy drunk. David and Elizabeth are old friends, but when they meet for the first time as free-floating singles, each is edgy and hesitant. Before long the reader sees an additional advantage to the subject of divorce and the curious second adolescence that follows a marital split. For American society in most of its aspects is too fluid and amorphous to sustain a comedy of manners (since...
Spider John Koerner and Mr. Bones--Back Room at the Idler...
...about the same reason Willie Sutton supposedly gave for robbing banks -that's where the money is. For all the talk of capital shortages, notes Richard Johannesen Jr., vice president of Salomon Bros., "the U.S. market is one of the biggest capital pools in the world." Adds Edgar Koerner, managing director of Kuhn, Loeb & Co.: "Borrowers can easily get $150 million and even $200 million for up to 20 years-terms that would be difficult in Europe." There, he explains, lenders do not have as much capital to advance and are reluctant to commit what they can lend...
Government borrowers face a similar deterrent: the necessity of applying to Moody's and Standard & Poor's, the credit-investigating agencies, for ratings for their bonds. The foreigners, says Koerner, thought that ignominious: "Their feeling was, 'Dammit, we are a sovereign country. Why should these private American companies come and tell the world whether or not we have done a good job?' It was a bit like asking someone to take off his pants in front of someone he did not even know." Wall Street underwriters stress that going to the agencies is part of growing...
Nameless Coffeehouse--3 Church St. at 7:30 p.m. Allen Ginsberg--Passim at 8 and 10:30 p.m. Michael Cooney--Joy of Movement Center at 8 p.m. Spider John Koerner--Back Room at The Idler at 8 p.m. Bill Fravis and George Tocci--Sword-in-the-Stone Coffeehouse at 9:15 p.m. Prop. Anonymous--Stone Soup Gallery...