Word: 1930s
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Dates: during 1960-1969
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...since New York Stock Exchange President Richard Whitney was packed off to jail in the 1930s had Wall Street come under such withering scrutiny. It was bad enough that the SEC was probing the American Stock Exchange after a series of scandals (TIME, May 5 et seq.), even more disturbing that SEC investigators were working overtime on more cases of market fraud and manipulation than ever before. But last week SEC Chairman William L. Gary suggested that the whole barrel of apples had better be tumbled out and examined. Testifying before a House subcommittee, Gary urged a full-dress investigation...
Ikeda, a stocky man with a hoarse voice who recovered from a near-fatal skin disease in the 1930s, proved highly durable on the Washington ceremonial circuit. He chatted, via interpreter, with President Kennedy at the White House, made a hit at a stag luncheon given by Vice President Johnson by expressing, with deep feeling, Japan's appreciation for U.S. financial aid. Ikeda spent an afternoon in discussions with Rusk and aides in the State Department, and he and his pretty kimono-clad wife Mitsue and three daughters were guests at a Japan-America Society reception...
...sign that the nation has pretty well built itself out of the long postwar shortage of homes. In the 1950s, family formations averaged only 830,000 per year, but builders put up houses at an annual rate of 1,200,000 to 1,600,000. Now, because of the 1930s' low birth rates, fewer people are entering the so-called "first stage of home ownership"-the 28-30 age bracket...
...scout for the Kansas City Athletics, Lew Krausse Sr., who pitched for the A's in Philadelphia in the 1930s, kept close tab on an 18-year-old Chester, Pa., sensation who pitched 18 high school no-hitters. Last week Krausse and the A's landed the boy. His name: Lew Krausse Jr. His price: a $125,000 bonus...
...began in the 1930s, when Father Joe Kennedy was Ambassador to the Court of St. James's. Son John F., then a student at Harvard, was often in residence at the embassy during vacations, and naturally enough, fell in with the Rt. Hon. David Ormsby-Gore. Young Ormsby-Gore was not only heir to the title of his father. Lord Harlech, a Shropshire landowner and onetime chairman of the Mid land Bank, but also nephew of Tory Kingmaker Lord Salisbury. "We were just young people going around together." says Ormsby-Gore. Then Jack Kennedy's kid sister Kathleen...