Word: sell
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Dates: during 1980-1989
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...challenge is to go out and sell the product, especially when it's new and different," Wise says. "This certainly falls into the category of being new and different...
With more than a million residents of Polish descent, the Chicago area is the unofficial capital of Polonia. Many of the janitors and cleaning women who vacuum and scrub the city's high-rises and the clerks who sell kielbasa and clothing in the shops along Milwaukee Avenue speak little or no English. News about the old country is broadcast in Polish on radio and television and headlined by the daily Zgoda (circ. 15,000) and at least a dozen thriving Polish-language weeklies. The reaction of leading commentators in recent months has sometimes bordered on euphoria. "Events in Poland...
...official invitations to speak at local factories, while at a "Democracy Kiosk" outside the philharmonic hall, crowds gathered to scribble down addresses and meeting dates for everything from feminist films to university talks on "the collapse of Communism." The Academixer cabaret theater, famed for its political satire, revamps its sell-out show Who's to Blame? every night to keep up with developments. Quips artistic director Hans- Walter Molle: "All this democracy could put us out of business...
...Rudolph Giuliani. That's what money manager James Sutton ("Jay") Regan, 47, seems to have done. His firm, Princeton/Newport Partners, was charged with making a series of bogus trades in 1984 and '85 to claim tax losses. The trades were shams, argued the Government, because though Princeton/Newport really did sell securities in which it really did have losses, the firm didn't really sell them because it had an unwritten deal to buy them back later at about the same price...
...commissioner was prepared to testify to much the same thing, but the jury was not allowed to hear this because the judge accepted the Government's argument that his views might blur the issue.) Regan's trades were part of a hedging strategy under which you buy and sell related securities at the same time. You lose on one and gain on the other, but if you've done the math right, you'll usually lose a little less than you gain. Yippee! But you've got to keep your transaction costs low and, of course, not get caught with...