Word: arrowing
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...Turn." Viola was accused of "wash trading," which involves the manipulation of stock-market transactions to create a false impression of brisk activity-and is illegal in both the U.S. and Canada. On July 10, 1964, the prosecution charged, she arranged to sell 244,000 shares of Consolidated Golden Arrow Mines Ltd., another of her companies. At the same time, she bought up the entire block for the accounts of ten persons, including her husband George. Since Golden Arrow stock had been sluggish up to that point, the sudden burst of activity was enough to send its price soaring within...
Viola's attorney insisted that by buying stock for the benefit of others, she was merely "a good friend doing a good turn." Indeed, aside from a relatively small chunk of Golden Arrow stock that her husband sold at the bloated price, there was no testimony indicating that the MacMillans enriched themselves from the 1964 transactions. But York County Court Judge Garth Moore pointed out that Viola had called her broker to check on the market price of Golden Arrow after placing her orders-a move that helped convince the judge she had intended to stimulate her company...
Grimly Defiant. Her conviction, which she plans to appeal, was just a start. For one thing, her broker, Robert J. Breckenridge, a former president of the Toronto Exchange and onetime chairman of the city's Better Business Bureau, has also been charged with wash trading in the Golden Arrow case. And Viola herself, together with her husband, will stand trial on more serious fraud charges because of their Windfall dealings. For all her troubles, the Queen Bee remains grimly defiant. "They can't take my love of mining away from me," she said last week...
...block bounded by Massachusetts Ave., Plympton, Bow and Arrow Streets across from Lamont...
...miles) than any commercial airplane in history. To overcome temperatures of 500 degrees at the speed and altitude in which it will operate, it will be covered with titanium and stainless steel six times tougher than aluminum. For the 250 to 350 passengers aboard, it will be a winged arrow, cutting the flying time from New York to Paris, for instance, to two hours and 20 minutes. A B-2707 traveling from Los Angeles to Denver will have to be cleared to land at Denver before it ever takes off from Los Angeles...