Word: factionalization
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Dates: during 1970-1979
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Like almost everyone else on Wall Street, Perot believes the fundamental problem is the flight of the small investor from the market. Raising commissions, as one New York Stock Exchange faction is trying to do, he thinks is precisely the wrong strategy. Perot advocates instead a radical change in Wall Street's whole commission structure -basing fees not on how many trades a broker arranges but on how well his customers make out on their investments. "The typical broker," he says, "does not see himself as making money for his customer; he is after the commission he makes...
Dean has been mentioned in The Post with former Attorney General John N. Mitchell as a leader of one faction bitterly angry with associates of H.R. Haldeman, Nixon's chief of staff. One Haldeman associate, Jeb S. Magruder, testified last week that Mitchell approved the bugging plans...
...Willy No. 2, the angry table thumper, was in charge. It was the first major test of Brandt's leadership since last November's elections, and Brandt faced a challenge from his party's young Marxist wing, led by Jungsozialisten (Juso) Chief Wolfgang Roth. The Juso faction demanded a number of fundamental changes that would push the S.P.D. far left of Brandt's carefully chosen "new center...
Moreover, even if it could be proved to the general satis faction of scientists that certain "endowed" individuals can trans mit messages from one to another (telepathy), predict events (precognition) or control an object by their mental powers (psychokinesis), scientists would still ask, How did they do it? What mysterious powers lurk inside them? In short, says Gunther Stent in a recent article in Scientific American, there would have to be some revolutionary new paradigm to explain what now seems to be a complete breach of elementary physical laws...
...campaign for re-election in 1969, have come to view the Mayor as an anathema. Besides the fact that his popularity has hit an all-time low with the people, the reformers feel that "Long John" sold them out after 1969 when he failed to join and support their faction of the party...