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Updated: May 20, 2025
His elder resentment was of course against O'Connor, who was taking advantage in every way of the Guardian's misfortunes; but as the palpably weakening hold of the company brought him more closely in touch with its underwriting affairs, as the questionable losses from Boston and other similar agencies began to arrive in faster and faster succession, and he clearly perceived the weakness and incapability of Gunterson's management, his irritation rightly directed itself more and more against the luckless Vice-President.
Griswold in particular is regarded as one of the strongest and shrewdest men in Wall Street." "Yes; I know he is," Mr. Wintermuth conceded. "And there's really no good reason why we shouldn't benefit by his judgment. Now, you know as well as any one that the money to be made out of underwriting, pure and simple, is comparatively little.
It was entirely legal, since Matheson had O.K.'d a copy of the prospectus, and the further agreement between the two men had been technically evaded by the fact of Larssen underwriting the entire issue himself. By the time the "Starlight" reached Norway, the subscription lists would be closed and Matheson would be impotent to veto the issue.
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Activities included large-scale portfolio management, underwriting, forex trading and general financial advisory services. 1990 to Present Free-lance consultant to many of Israel's Blue-Chip firms, mainly on issues related to the capital markets in Israel, Canada, the UK and the USA. Consultant to foreign RND ventures and to Governments on macro-economic matters. 1993 to 1994
Insurance is a tax which the companies collect in premiums from the many and pay out in losses to the few. But the idea remains the same. "That is interesting," said the girl. "Now will you think me very stupid if I ask you to explain what all the terms mean as you go along? You spoke a moment ago of underwriting: I don't know what underwriting is.
I believe our stockholders will back us up. While other companies are asking their stockholders for more money to pay their Boston losses, we are asking ours to put us in the first rank of underwriting institutions in the United States." Mr. Wintermuth looked at the young man before him, a long, grave look.
"All your orders are being carried out, and the car's on the way here from the garage." For a few tense moments Larssen hesitated. The underwriting of the five-million issue was an absolute essential to a successful flotation, and the negotiations were not yet completed. If Matheson were to interfere in them during his absence from London, big difficulties might develop.
You know that in the long run, even with the most ably managed companies, expenses and losses together just about eat up all the premiums received that less than a dozen first-class companies doing a national business have an underwriting balance on the right side for the last ten-year period." "I admit that unfortunately such is the case."
And let no one who declares that literary talent and imagination are nonexistent in America pronounce final judgment until he reads that prospectus, in which was combined the best of realism and symbolism, for the labours of Alonzo Cheyne were not to be wasted, after all. Mr. Dickinson, who was a director in the Maplewood line, got a handsome underwriting percentage, and Mr.
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