Mr. Ellenhorn said it was structured to falsely inflate A.I.G.'s reserves when Wall Street analysts were concerned that those reserves were shrinking.
Jopling had turned the paper warehouse into a temple of ostentatious reserve: white walls, lacquered concrete floors.
John in the middle, the baby, reserved his wall space for the Marx Brothers, although he also adored the Three Stooges; he was a Shemp man.
South Korea's finance minister, Han Duck-soo, told a conference in London on May 24th that investing the region's foreign-exchange reserves on Wall Street "may not be the most efficient way of using those resources".
In the wake of a magnificent electoral victory built on promises to help Main Street, how can the president-elect tell the country that the government's bail-outs are reserved for Wall Street?
Moreover, proponents say, proposals built on having the Government invest up to half of Social Security's reserves on Wall Street would require fewer benefit cuts and other changes to the system than those built on diverting part of payroll taxes into private accounts.
That's a role usually reserved for Wall Street bankers.
It was easy to imagine poor Husted, a reserved, retired Wall Streeter, cowering in his house, not daring to come near his front windows, resolving to flee to where the buses couldn't find him.
IN THE HECTIC energy-merger days of the 1980s — when Chevron bought Gulf, Texaco bought Getty and Boone Pickens threatened to buy just about everyone — the rationalization was: Its cheaper to buy reserves on Wall Street than to drill for them.
This particular individual was first identified a few weeks ago by a sharp-eyed volunteer working at the RSPB's Ham Wall reserve.
Fortunately, he then took the trouble to text me the news: that a collared pratincole had turned up at the RSPB's Ham Wall reserve, just down the road from my home.
