Business & Finance: Guardian & Proteges

Twenty-nine years ago a swarthy little Armenian urchin named Mike Devlet sold foreign language newspapers in the cheap restaurants of Manhattan's East Side. He discovered that although he did not know how to pronounce their names customers would pay 10¢ to hear him try. Then, after a brief career delivering eggs, he went to high school. His teachers were not impressed with his Latin. So Michael Jeremiah Devlet went to work as an errand boy in a bond house. At 16 he was earning $14 a week; at 17, only $5. But...

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