Alan "Ace" Greenberg chose his nickname to improve his chances with girls at the University of Missouri. But it is an apt (1) of his wading skills on Wall Street. This week, as the 73-year-old (2) down (3) chairman of Bear Stearns, the investment bank where he has worked since 1949 is in a high. It (4) an increase in post-tax profits in the second quarter of 43% on a year earlier, (5) a time when many of its Wall Street rivals have (6) . On June 26th Merrill Lynch (7) a warning that its profits in the second quarter would fall by half, far (8) of expectations. Goldman Sachs and Morgan Stanley have also reported lower profits.
Strange that this surprised. (9) Alan Greenspan’s frenetic cuts (10) interest rates, times are good for underwriters and waders of bonds, core activities for Bear Stearns and Lehman Brothers, (11) also recorded a sharp increase in profits. It has been a terri
A. time
B. age
C. epoch
D. era
Alan "Ace" Greenberg chose his nickname to improve his chances with girls at the University of Missouri. But it is an apt (1) of his wading skills on Wall Street. This week, as the 73-year-old (2) down (3) chairman of Bear Stearns, the investment bank where he has worked since 1949 is in a high. It (4) an increase in post-tax profits in the second quarter of 43% on a year earlier, (5) a time when many of its Wall Street rivals have (6) . On June 26th Merrill Lynch (7) a warning that its profits in the second quarter would fall by half, far (8) of expectations. Goldman Sachs and Morgan Stanley have also reported lower profits.
Strange that this surprised. (9) Alan Greenspan’s frenetic cuts (10) interest rates, times are good for underwriters and waders of bonds, core activities for Bear Stearns and Lehman Brothers, (11) also recorded a sharp increase in profits. It has been a terri
A. cover
B. encapsulation
C. jacket
D. shell
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