Word: frauds
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Dates: during 1960-1969
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...only $216,000. Darvas and Publisher Bernard Mazel, head of American Research Council, an investment-advisory service, were ordered to come in and prove that the dancer had indeed made a market killing. The action was the first to be taken under a broadened state law that bans fraud or misrepresentation in giving investment advice...
...French economic stagnation.) In economics, as in no other field, (says Aron) legends and inaccurate conclusions thrive. Some of the most prevalent myths are that industrial production per worker has stagnated, there are no French entrepreneurs, worker's wages are absurdly low, the tax structure is rife with fraud, and in general, industry and agriculture are heterogeneous to the point of anachronism...
...against the backwardness of her economy. Certainly, he says, there is some validity to most of them. France is a nation of small business, but this does not automatically mean inefficiency in production. Besides, as in most capitalist countries, large companies divide the market in the modern economic sectors. Fraud in tax returns is frequent, but hardly more so than elsewhere. Wages are low, but not significantly lower in terms of purchasing power than those of any other European country. In other words, France usually "resembles the other countries, not that unique and paradoxical being whose eccentricities observers are always...
...their losses because of the Boston brokerage firm's misuse of their securities. It is the first time in the exchange's 168-year history that it has agreed to accept responsibility for losses to a member company's customers in a case of fraud...
...Sarah Harvey's troubles were not over, for there was still the fraud charge to be dealt with. "It is quite impossible to shut one's eyes to the fact that during the whole intervening period of those charges, you have been obtaining ?2 week by week," the judge said sternly to Mrs. Harvey. "In effect you have swindled Mr. Knight of something like ?2,000 . . . You will go to prison for 15 months...