Word: equalate
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...insider trading; it was only in the 1960s that the SEC began to bring cases under the law's antifraud statutes. Toward the end of that decade, courts codified the SEC's actions in case law, locking down the idea that everyone in the marketplace should get roughly equal access to information. (See the best and worst sports executives...
...initial legal theory didn't last forever. By the 1980s, the Supreme Court had ruled that equal access was too broad a policy, and that for insider trading to be illegal a person had to breach a fiduciary duty - a trust that had been established between that person and the company. In one landmark case, the court overturned the conviction of a printer of financial documents who bought shares of companies he knew were takeover targets. The prosecutors, the court found, hadn't proved the man's responsibility to the firms involved in the transactions. At the same time...
...surge of emotion, now bittersweet, that I experienced at age 10 on hearing Martin Luther King's thrilling "I Have a Dream" speech or Robert F. Kennedy's powerful utopian oratory. It dawned on me that Americans in our hearts are idealists who truly believe that we are all equal. We have waited decades for a leader to touch our hearts the way that King and Kennedy did. Obama has galvanized the American electorate by reminding us who we really are as a people, by touching our hearts with hope, by stirring our imaginations with ideas of a better tomorrow...
...Equal in modesty as he is in talent, Luft is quick to share the credit...
...Potential Essay Topics 1. Drew continually vacillates between alarming and reassuring the reader. Is she hiding something? 2. Who is this “Allston,” and why do We address her so briefly? 3. If Harvard lost half of its Endowment, it would still be roughly equal to the GDP of Ghana. Discuss...