Search Details

Word: foulup (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

Paper Snarl. Brokers' profits have also been reduced by the high cost of battling Wall Street's paperwork foulup, which for nearly two years has snarled delivery of shares from broker to broker and from broker to customer. The number of employees involved in securities processing for Big Board firms rose 36% last year, and average clerical salaries climbed 12%. In a belated rush, brokerage houses are investing more than $100 million a year in automated equipment...

Author: /time Magazine | Title: Wall Street: Blue Days for Brokers | 8/15/1969 | See Source »

...fully 75 miles from the Chinese border that two Navy A-6 Intruders strayed over China and were brought down by MIGs. They were attacked by Red fighters on their return trip to the carrier Constellation, and to evade pursuit they peeled off to the north. Thunderclouds and a foulup in their navigational instruments complicated their plight. Traveling at about 500 m.p.h., they probably reached China in about ten minutes. Now listed as missing are the four crewmen of the two planes: Lieut. Commander Jimmy Buckley, Lieut. Robert Flynn, Lieut. Commander Dain Scott and Lieut. J. Forrest Trembley...

Author: /time Magazine | Title: The War: Racing the Monsoon | 9/1/1967 | See Source »

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