Word: fasters
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Dates: during 1960-1969
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...holds up legal operations until the 24th week-producing live babies that sometimes cry for hours before dying. To avoid de facto infanticide, Swedish women flock to Poland for early, efficient $60 abortions. Appalled, the Swedish government has concluded that the law must be broadened to allow more and faster abortions...
...exchange had not expected-or even hoped-to reach until 1975, is due to increased buying and selling by institutions that trade in large blocks of stock and thus shoot the totals higher. Many mutual funds, adopting a speculative mood, are turning over the shares in their portfolios far faster than they once did. And staid organizations outside the market are also coming in. Yale University two weeks ago announced that it was forming an investment company to plow more of its endowment money into lucrative common stocks. Such moves mean more paperwork for the exchange's 648 member...
...lost her goggles three-quarters of the way to England, then stumbled on the rocks at the finish and badly gashed herself above the left breast. But her time of 9 hr. 59 min. broke the women's record by 25 min. (and was 4 hr. 32 min. faster than Gertrude Ederle's unprecedented swim in 1926), and she missed the men's mark by only...
...dealers operating on the periphery of the securities field without stock-exchange memberships. Now there is so much action in options that the large brokers have begun to shed some of their disdain. "Puts and calls," says Steve Brandt, head of the option department at Bache & Co., "are growing faster than any other part of the securities business." President Sidney D. Harnden of the Put & Call Brokers & Dealers Assoc. expects a volume approaching 50 million shares within a few years. "The industry," he says, "is just starting to spread out and become national...
Nest Eggs & Mattresses. For Cornfeld, that kind of sentiment has been conspicuously rare in recent months; he has made money far faster than friends. An Istanbul-born, Brooklyn-reared onetime social worker, he hit on the idea of selling mutual-fund shares to overseas G.I.s in the 1950s, soon started selling door to door to Europeans. Another successful item that he started peddling in 1962 was the Fund of Funds, consisting of shares of other mutual funds. Paying few taxes, Cornfeld's Panama-chartered I.O.S. employs 10,000 salesmen in over 100 countries, has expanded into a $250 million...