Rüdiger von Rosen, now boss of the German shareholders' institute but at the time head of the Frankfurt exchange, sadly recalls a meeting in Copenhagen in mid-1991 at which the last rites for Euroquote were read, over many beers.Yet the pressure to tidy up Europe's patchwork of exchanges has, if anything, increased, for three reasons.
Citibank's new plan called for restructuring $3.2 billion in debt: A new $1.9 billion loan, due in 2005, would come from a new Citi syndicate; the rest from a patchwork of debt exchanges, private placements, and new stock and bond offerings.
At the moment, these often require a patchwork of trades using different exchanges with different technology.
He therefore made his own work much less specific, paring down the text, taking out "what feels like literature" to produce the extraordinary patchwork of half articulated, half implied exchanges that gives the 70-minute piece much of its powerfully mysterious charge.
Dr. Jonathan Mermin, director of the National Center for HIV/AIDS, Viral Hepatitis, STD and TB Prevention, described the nation's needle exchanges as an "uneven patchwork" of clean syringe access, with particular gaps in rural areas where they might be most needed, such as Appalachia and the Ozarks.
To calculate the number of "Avatar" viewers around the world is impossible without taking into account exchange rates and a patchwork of ticket prices and viewing habits in dozens of countries in which the film has been showing.
The region, home to perhaps 40,000 people, is a patchwork of Georgian and Ossetian villages, guarded by troops and militia who regularly exchange fire.
A patchwork of certifications, such as Fair Trade and Rainforest Alliance, assured farmers higher prices in exchange for specific economic or environmental practices.
We're a patchwork of small towns".
"We saw a patchwork of different decisions".
Baghdad is a patchwork of building sites.
