Word: stakes
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Which, of course, she does, but Catherine doesn't question his motives. She wagers all she has on the purity of Morris's love, while Morris himself begins a protracted, ugly rivalry with the skeptical Dr. Sloper. As Morris tells Catherine, "I stake my pride on proving to your father that he is wrong," failing to realize that his intended declaration of love has become a declaration...
...government bond-trading scandal in 1991 from which the firm never really recovered. Needing to broaden its portfolio beyond bonds to stay competitive, Salomon CEO Deryck Maughan approached Weill in August with a proposal. When Weill got the blessing of Warren Buffett, the billionaire investor who controls an 18.5% stake in Salomon that has yielded un-Buffett-like returns, the union...
Your report on Secretary of State Madeleine Albright's mission to the Middle East [WORLD, Sept. 15] missed the central point. Palestinian leader Yasser Arafat has no choice but to re-embrace Hamas, the group responsible for the Ben Yehuda bombing, and other firebrands, because his life is at stake. The Palestinian populace has rejected him and his inept internal policies. Arafat was once a hero to the average Palestinian, but no longer. Lacking ballots, the frustrated populace may resort to bullets. Arafat knows this, and his reaction has been to sacrifice everything the Palestinian movement has achieved to save...
...Europe: "The French in particular totally reject the legitimacy and the legality of the D?Amato Act," says Sancton. "This is not simply Paris goading Washington or testing U.S. resolve. The French genuinely believe this legislation compromises their economic interests ? and with a really huge oil field at stake, they have the incentive to challenge...
...Wall Street handled by Salomon Brothers. Two years before the U.S. offering, and after 70 years of exclusive state control, Mosenergo officially gained the status of a public company in Russia. Unified Energy Systems of Russia, a state utility, is the firm's principal shareholder, with a 49% stake. Foreign investors own 35.3%; other Russian companies, individuals and employees of the vast enterprise own the rest...