Word: greatests
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Dates: during 1960-1969
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Died. Rafael Osuna, 30, Mexico's dazzling tennis star, who less than two weeks before his death achieved his greatest triumph by leading his country to a stunning 3-2 conquest of Australia in the North American Zone Davis Cup competition; in the crash of a Mexicana Airlines jetliner; near Monterrey, Mexico...
...COMMISSION FIGHT. This is the issue with the greatest impact on investors' wallets, and one that the exchange must resolve in the next year or so to appease Government regulators. Under intense pressure from the SEC, it enacted a 7% volume discount on big block trades last year, but the cut was too small to please anyone. The Justice Department advocates scrapping the brokers' jealously guarded system of fixed minimum commission rates -which now range from $6 to $75 for every 100 shares traded, depending on price-and letting every broker charge whatever he can persuade customers...
...WHOM TO LET IN. Public ownership of the exchange's member firms is the prospective change with the greatest long-range potential for reshaping the structure of Wall Street. The need is clear. Despite the rich commissions, member firms lack capital for long-term needs such as back-office automation, and several recently had trouble complying with an exchange rule that capital must equal at least 5% of debts. They must now rely on internal growth and borrowings...
...inferior public school system is the greatest single problem facing all of us in this region," the president of the Cleveland Electric Illuminating Company said. Other businessmen quietly looked over reports showing that Cleveland's industrial growth rate was suffering in comparison with cities that had revamped their schools...
...football team can play is that of the spoiler, the destroyer. No matter what anyone tells you, do not let on that the Harvard-Yale game will be close. It must be kept firmly in mind, at least for the glory of it, that Yale is one of the greatest teams in the nation, in history, in the universe, in the mind of God, and that Harvard, albeit nice and good and undefeated, is no match for Brian Dowling, that wonderful hero, and the rest of the Yale football team...