act.01
frames-  [ARG0  Mr. Stearn , who *T*-196 had been with the company more than 20 years and had been president since 1984 ,]  [ARGM-MOD  will]  [rel  act]  as [ARG1-as  a consultant to Hudson General]  .
 -  At the moment , Nomura is [ARG0  the only Japanese institution]  authorized * to [rel  act]  as [ARG1-as  a primary seller of Fannie Mae instruments]  .
 -  He said 0 [ARG0  an altered license]  would be an `` embarrassment '' to teenagers and young adults and [ARGM-MOD  would]  [rel  act]  as [ARG1-as  a deterrant to drug use]  .
 -  About $ 70 billion *U* is estimated *-2 to be tied up in [ARG0  the short-term money market]  , which *T*-1 [rel  acts]  both as [ARG1-as  a hedge against inflation for consumers and an accelerator of inflation and deficits for the government]  .
 -  Also , [ARG0  the premiums paid * by the U.S. government on a purchase of copper for the U.S. Mint]  were lower than * expected , and [rel  acted]  as [ARG1-as  a price depressant]  , analysts said 0 *T*-1 .
 -  Within the alliance [ARG0  it]  is supposed *-3 to [rel  act]  as [ARG1-as  a balancing force]  , [ARGM-ADV  *-3 guarding against excessive control by government or abuse of its economic position by business]  , for either could result in a deterioration of its living standards -LRB- under the new resolutions , workers councils may demand that a cooperative be closed *-1 or its prices be reduced *-2 -RRB- .
 -  Mr. Perlman , who *T*-1 is also [rel  acting]  [ARG1  chief]  financial officer and the odds-on favorite 0 *T*-2 to become the next chief executive , said 0 the company is achieving `` modest positive cash flow from operations , and we expect that to continue into 1990 . ''
 -  [ARG0  Mr. Dave , its head ,]  [rel  acts]  [ARGM-MNR  cheery and patient]  , but he makes no bones about the need * to get to work .
 -  And some people do think that [ARG0  *]  [rel  acting]  out [ARG1  scripts]  is n't worthy of CBS News , which *T*-1 once lent prestige to the network and set standards for the industry .
 -  [ARG0  First National Bank of Chicago]  [ARGM-MOD  will]  [rel  act]  as [ARG1-as  trustee]  , and the transaction will be supported *-1 by an 8 % letter of credit issued * by Dai-Ichi Kangyo Bank Ltd. , Chicago branch .
 -  `` One man said 0 [ARG0  you]  [rel  act]  as [ARG1-as  a stimulant , '' a prostitute tells him *T*-1 , `` a diversion * to relieve people 's boredom]  . ''
 -  But , he adds , `` [ARG0  I]  was [ARGM-NEG  not]  [rel  acting]  as [ARG1-as  a messenger]  . ''
 -  [ARG0  Universities such as Harvard and MIT]  should be able *-2 to develop a way 0 * to [rel  act]  as [ARG1-as  brokers for the individual scientists]  *T*-3 , says 0 *T*-4 Katherine Bick , who *T*-1 oversees the huge NIH grants program as its deputy director for extramural research .
 -  If the market surges , holders can make that much more profit ; [ARG0  the leverage]  [ARGM-MNR  effectively]  [rel  acts]  as [ARG1-as  an interest-free margin account]  [ARGM-PNC  for investors]  .
 -  `` [ARG0  Developers]  are teaming up with institutions *-1 [ARGM-TMP  often]  [rel  acting]  as [ARG1-as  project managers]  , '' says *T*-2 Smedes York , ULI president and president of York Properties Inc. , of Raleigh , N.C .
 -  `` [ARG0  Gold]  [ARGM-TMP  still]  [rel  acts]  as [ARG1-as  a haven]  [ARGM-TMP  when uncertainty prevails in the financial markets as it did *?* '' yesterday *T*-1]  , she said *T*-2 .
 -  [ARG0  Arnold Levine]  , [rel  acting]  [ARG1  co-chief]  executive , will continue as senior vice president and a board member .
 -  [ARG0  The latter 's son , Ralph Ingersoll Jr. ,]  took over the company and has been managing the Goodson properties and [rel  acting]  as [ARG1-as  an agent in the purchase of newspapers]  for Goodson .
 -  Turner has made several movies , docudramas and documentaries for its networks in recent years , but [ARG0  the company]  has [ARGM-TMP  never]  [rel  acted]  as [ARG1-as  a full-fledged movie studio]  and released its own pictures to theaters .
 -  But [rel  acting as [ARG1-as  a drag on prices] ]  was *T*-1 [ARG0  the improved harvest weather over the weekend and the prospect for continued fair weather this week over much of the Farm Belt]  .
 -  In the past , associates learned the basics from [ARG0  senior lawyers]  who *T*-1 [rel  acted]  as [ARG1-as  mentors]  .
 -  A company official said 0 [ARG0  Arthur Borie , until January chief operating officer of Pic 'N Save Inc. ,]  will buy a 20 % stake in the new Wisconsin Toy subsidiary , and [ARGM-MOD  will]  [rel  act]  as [ARG1-as  head of Everything 's a Dollar]  .
 -  An adjudicator system -- that is , [ARG0  an investigator]  who *T*-1 [rel  acts]  [ARGM-TMP  first]  as [ARG1-as  a fact-finder]  and then switches hats and arbitrates the facts -- has such advantages as speed , flexibility and maximum privacy .
 -  [ARGM-ADV  *-2 Called *-1 Task Broker]  , [ARG0  the program]  [rel  acts]  [ARGM-ADV  something]  like [ARG1-like  an auctioneer among a group of computers wired * together]  .
 -  For more than a decade , [ARG0  banks]  have been pressing Congress and banking regulators for expanded powers * to [rel  act]  like [ARG1-like  securities firms]  [ARGM-ADV  in *-2 playing Wall Street 's lucrative takeover game]  , [ARGM-ADV  from * giving mergers advice all the way to * selling and trading high-yield junk bonds]  .
 -  Holiday said 0 [ARG0  Salomon Brothers Inc.]  has been retained *-1 to [rel  act]  as [ARG1-as  the dealer-manager and financial adviser]  in connection with the offer and solicitation .
 -  [ARG0  The insurance firm]  [rel  acts]  as [ARG1-as  a broker on policies covering buildings managed * by HelmsleySpear and others]  .
 -  [ARG0  First City , which *T*-1 issues both MasterCard and Visa cards ,]  has agreed *-2 to [rel  act]  as [ARG1-as  an agent bank]  .
 -  But on the evidence of `` The Fabulous Baker Boys , '' that may be the only thing 0 she ca n't do *T*-1 , at least when [ARG0  she]  's [rel  acting]  [ARGM-LOC  in movies]  *T*-2 .
 -  The SEC also charged that [ARG0  Mr. Holmes]  [rel  acted]  as [ARG1-as  an officer or director of New Ventures]  , [ARGM-ADV  in violation of his previous consent agreement]  .
 -  Ms. Smith also agreed to a permanent injunction barring [ARG0  her]  from *-1 [rel  acting]  as [ARG1-as  an officer , director or investment adviser of any mutual fund , unit investment trust or face-amount certificate company]  .
 -  [ARG0  Chemical Securities Inc.]  is [rel  acting]  as [ARG1-as  agent]  [ARGM-ADV  for the seller]  .
 -  In a statement , US Facilities said 0 Mr. Percival 's employment contract calls for [ARG0  him]  to [rel  act]  as [ARG1-as  a consultant to the company]  [ARGM-TMP  for two years]  .
 -  Grinned *ICH*-1 Griffith Peck , a trader in Shearson Lehman Hutton Inc. 's OTC department : `` I tell you , 0 [ARG0  this market]  [rel  acts]  [ARGM-MNR  *-2 healthy]  . ''
 -  [ARG0  Morgan Stanley & Co.]  [ARGM-MOD  will]  [rel  act]  as [ARG1-as  the exclusive broker for the repurchase]  .
 -  [ARG0  Hoare Govett]  is [rel  acting]  as [ARG1-as  the consortium 's investment bankers]  .
 -  Many have raised [ARG0  cash levels]  , which *T*-1 [rel  act]  as [ARG1-as  a buffer]  [ARGM-ADV  against steep market declines]  .
 -  In a Madrid hotel room recently , a viewer caught the end of a [ARGM-MNR  badly]  [rel  acted]  [ARG1  series]  about a fishing boat on Australia 's Great Barrier Reef , *-2 only to be urged *-6 by the British announcer *-3 to `` stay *-4 tuned *-5 for the further adventures of Skippy the Kangaroo . ''
 -  * Arguing that [ARG0  the separate financial marketplaces]  [rel  acted]  as [ARG1-as  one]  , and concluding that the crash had `` raised the possibility of a full-scale financial system breakdown , '' the presidential task force called for * establishing a super-regulator *-1 to oversee the markets , *-1 to make margins consistent across markets , *-1 to unify clearing systems and *-1 to install circuit breakers .
 -  Says Peter Mokaba , president of the South African Youth Congress : `` We will be expecting [ARG0  them]  to [rel  act]  like [ARG1-like  leaders of the ANC]  . ''