Word: frauds
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Dates: during 1960-1969
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...case was tried in the storm and tension of emotions between old friends who had become bitter enemies. And in the thunder echoed such words as frame-up, dishonesty, fraud and concocted perjury." Thus, in London, did a member of the Judicial Committee of the House of Lords describe the bitter lawsuit involving Maria Callas and two Greek shipowners, Aristotle Onassis and Panaghis Vergottis. At stake was 51% of the shares in a $3,000,000 freighter that Maria said the men had given her as a token of friendship that was to provide for her old age. Onassis never...
Under Manuel Cohen, the SEC's activist chairman since 1964, the insider has become a much more visible target. The key to the SEC's current approach is Rule 10b-5 of the 1934 act. A broadly worded regulation against fraud in trading, 10b-5 has been interpreted in the courts to mean that all investors must be guaranteed "equal access" to "material information" that might influence stock prices. In effect, it broadens the definition of insider to include anyone privy to information and requires him not to act on it before it becomes public knowledge...
Conspicuously missing again this year from the list of nominees was Charlie Brickley '14. Brickley, who holds Harvard football records for career scoring, career touchdowns, career field goals, season scoring, and season field goals, has for years been excluded from Hall of Fame consideration presumably due to a stock fraud conviction...
...election to cast their ballots for him--Fortas did Johnson what might have been the biggest favor in the President's political life. Johnson's incredulous opponent had sought and obtained a court order to keep Johnson's name off the November ballot pending an investigation of the transparent fraud. Fortas, however, was able to convince Justice Hugo Black to have the order reversed, and Johnson's name was placed on the ballot, sans investigation...
...letter of every law be enforced to the full are risible. Myriad statutes range from Internal Revenue Service rulings to Coast Guard safety regulations for pleasure boats, and hundreds of such laws are widely flouted by the most respectable citizens. It is seldom that a responsible businessman engages in fraud or embezzlement, but when he does it is apparent to the poor that his transgression, however grandiose, rarely draws a penalty comparable in economic terms to that meted out to the petty thief. To which the responsible businessman is apt to reply that he spends a great deal of time...