Word: gulf
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Dates: during 1960-1969
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...committed suicide: Ivan Todorov-Gorunya, 48, a wartime underground leader and a Central Committee member. "The truth is," insisted the report, "that on learning about his criminal activity being discovered, he fell into a deep depression and committed suicide." According to one source, the "deep depression" was the gulf between Todorov-Gorunya's Sofia apartment window and the street below...
...their dealings, but the Securities and Exchange Commission has become increasingly concerned about possible abuses. Last week, the SEC threw a glaring light on the insider's role in a case that involved one of the hottest business developments of recent times: the announcement last spring of Texas Gulf Sulphur's rich mineral discovery near Timmins, Ont., which set off a stampede of prospecting and stock speculation...
...charged that 13 Texas Gulf officers, directors and employees had deliberately kept the discovery a secret for four months while they "illegally" bought up or acquired options to buy more than 45,000 shares of the company's stock. The charges stunned Wall Street, involved a venerable banking house and brought the resignation of an Assistant Secretary of Commerce. The defendants in the case included Claude O. Stephens, the president of Texas Gulf; Charles F. Fogarty, the executive vice president; Richard D. Mollison, a vice president; two company geologists, Walter Holyk and Kenneth H. Darke; and a director, Thomas...
...withholding important news of the company while buying up its stock, the SEC charged in a civil law suit filed in a New York federal district court, the Texas Gulf insiders had violated the antifraud section of the Securities Exchange Act, which declares it unlawful to buy or sell securities while concealing any pertinent facts. In a departure from precedent, the SEC not only sued to have the practice stopped-its usual aim in noncriminal suits of this sort-but, for the first time, to have the stock purchases canceled and any profits returned to the previous owners...
...since Bosnia-Herzogovina. Despite this event, the story continues, the U.S. and China have refused to change their policies towards Vietnam. The U.S. has continued to bomb the navigational points of bridges and railroads, while the Chinese have not ceased pouring troops into the new Laotian Gulf...