Word: gulf
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Dates: during 1960-1969
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...Securities and Exchange Commission had charged Thomas S. Lamont '21 had used the information to buy stock in the company that owned the deposits, the Texas Gulf Sulphur Company...
...original SEC suit, filed in the spring of 1965, charged that 14 men had used advance knowledge of a copper ore strike in Timmons, Ont, to buy stock in Texas Gulf Sulphur. Lamont was initially said to be the only man not to have profited personally from the information; the original suit merely said that he had passed the information on to a friend, who had made large purchases for several banking clients. The suit was later amended, however, to charge that Lamont had bought securities for himself...
Judge Bonsal also cleared nine of Lamont's co-defendants. Only the secretary of Texas Gulf Sulphur and a Geophysicist, who had helped survey the ore deposit, were found guilty...
...speaker was Thailand's Premier Thanom Kittikachorn, and the occasion was proof of the conviction of his words. As Buddhist monks chanted blessings, the Thai leader stood on a wooden platform overlooking the Gulf of Siam and watched balloons lift a banner from a large stone embedded in the ground. On the stone was the inscription: "U-Tapao Airfield, dedicated to the furtherance of peace through strength and friendship...
...seven British-protected Trucial States that cradle the Persian Gulf, Abu Dhabi is the fourth largest oil producer in the Gulf; this year it expects to earn $70 million in oil revenues, which by 1970 are likely to reach an annual $125 million. Yet under Shakhbout, Abu Dhabi's 20,000 people seldom saw a cent of the riches...