Word: analysts
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Dates: during 1970-1979
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...transition team policy analyst who wished to remain unidentified said last night that the Excab plan is "not being taken too seriously...
EQUITY FUNDING CORP., now Orion Capital Corp. Record high stock price (1969): $86. Low before suspension of trading (1973): $14. Last week: $5. Los Angeles-based Equity was a darling of the insurance industry until March 1973, when Ray Dirks, a Wall Street insurance analyst, was told by a tipster that many of Equity's outstanding policies, perhaps $1 billion worth, had been sold to people who did not exist. In three wild weeks, Dirks raced around the country, confirmed the tipster's story, and told clients to get out of the stock. Equity declared bankruptcy...
...reorganization in March, and last month its stock began trading publicly again after a long suspension. The company turned a profit even during the reorganization-$4.6 million during this year's first nine months, on sales of $55.5 million. In a way, Equity/Orion has also earned money for Analyst Dirks. He faces a Securities and Exchange Commission hearing on charges, which he denies, that he failed to tell the SEC or the public about the fraud before he informed big stockholders. But he co-authored a book, The Great Wall Street Scandal, that has sold 25,000 copies...
...institutions installed a central exchange to "make for a more efficient telephone system," Donald K. Kerr, communications analyst at Harvard, said yesterday...
...will-or can-Carter go in paying off his debt to blacks? Political Analyst Richard Scammon believes the obligation is exaggerated. Many more whites than blacks voted for Carter, he emphasizes. "If Carter had not had the black vote, he would have lost," said Scammon. "But if he had not had the white vote, he would have lost...