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Word: connector (lookup in dictionary) (lookup stats)
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...Continental Connector Corp., a mini-conglomerate that bought the Dunes, has experienced a stock drop from last year's high of 83⅝ to 27⅜ in mid-December, when the American Stock Exchange halted trading. The ban will be lifted when the company re-certifies its financial statements for the past three years. The SEC accused Continental Connector's management of issuing two proxy statements falsely stating that an audit, which included the Dunes, had been made in accordance with generally accepted accounting principles. As one result, the owners of the Golden Nugget casino have called...

Author: /time Magazine | Title: Business: A Run of Bad Luck in Gambling Stocks | 4/20/1970 | See Source »

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