Arbitrage: from respectful work to Wall Street risk
Russell Baker argues that arbitrage on Wall Street, once a legitimate term in finance, has become entangled with gambling and the Boesky scandal. He notes that traditional arbitrage targets price differentials across markets rather than takeover bets, and that many in the field resist the negative press.
MENTIONED IN THIS ARTICLE
New York
Ivan Boesky
Boesky
Wall Street
Baltic Avenue
Arbeiter
Webster
OED
Reagan must reveal truth about Iran Contra affair
A critical editorial argues President Reagan failed to disclose full facts on the arms for hostages scheme, questioning Lt. Col. North's hero status and urging Congress to appoint a special committee or independent counsel to uncover all facts. It condemns press criticism of the media and calls for accountability and transparency.
MENTIONED IN THIS ARTICLE
Oliver North
White House
Reagan
Lt. Col. North
North
Col. North
United States
House
Senate
Bob Dole
Congress
Iran
Robert Byrd
D-W.va
Sen. Dole
Sen. Byrd
Nicaragua
Adm
John Poindexter
Edwin Meese
Lewis Grizzard Joke Contest seeks clean material
Lewis Grizzard invites readers to submit clean jokes for a potential third album. He notes the scarcity of suitable tales and asks contestants to mail jokes to 6540 Powers Ferry Road Suite 325 Atlanta GA 30309. Final judge's decision is final, and winners may receive a free album and a credit.
MENTIONED IN THIS ARTICLE
Renderland
Richard Pryor
Sky
God
Sam
Eddie Murphy
Bill Cosby
Johnny Carson
NBC
Lewis Grizzard
Powers Ferry Road
Suite 325
Atlanta, Ga
Readers letters policy for the Daily Telegraph
The Daily Telegraph invites letters on public interest topics and will publish only letters with the writer’s signature address and telephone number. Pen names and anonymous letters are not used. Names will be published. Letters may be edited to fit available space.
MENTIONED IN THIS ARTICLE
Daily Telegraph
The
Reagan a Modest President on Iran Arms Affair
William Buckley argues the White House fueled hypocrisy by pressuring allies not to sell arms to Iran while allowing U.S. arms to flow. He compares Reagan’s handling to Kennedy’s Bay of Pigs, notes the staff’s fate, and questions leadership versus virtue, suggesting good men are not always great leaders.
MENTIONED IN THIS ARTICLE
White House
Iran
Reagan
America
United States
John F. Kennedy
Mr. Reagan
President Carter
Captain Scott
South Pole
JFK
Ayatollah
U.S
George Shultz
Also Mentioned on This Page
Russell Baker
N Y Times
Gus
Valley Forge
Editorial
Cowles Syndicate, Inc
King Features Syndicate
William Buckley
Universal Press Syndicate
William
Buckley
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