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...these dilemmas. The Securities and Exchange Commission has so far dickered with the exchange for eight years over commission-rate revisions without reaching a final decision. The regulatory paralysis has only been increased by President Nixon's delay in appointing an SEC chairman to succeed the procrastinating Hamer Budge, who resigned Dec. 31 to join Investors Diversified Services. The White House has offered the chairmanship to William J. Casey, 57, a Manhattan and Washington tax lawyer who is a partner of Leonard Hall, Republican national chairman during the Eisenhower Administration. At week's end Casey...

Author: /time Magazine | Title: WALL STREET: Tantrums Among the Giants | 2/8/1971 | See Source »

...this help, some weaker brokerage houses are still likely to go under. Last week Hamer Budge, chairman of the Securities and Exchange Commission, said that at least 35 houses have failed in the past two years. Others that are now vulnerable include houses that have part of their own capital invested in speculative stocks-a risky practice that the SEC might do well to curb. Budge spoke out strongly in favor of proposed legislation to create a federal insurance corporation for brokerages along the lines of the Federal Deposit Insurance Corporation for banks. Congress seems eager to set up something...

Author: /time Magazine | Title: Business: A Bear Market for Brokers | 6/15/1970 | See Source »

According to Roy Hamer, legislative chairman for the Civil Liberties Union of Massachusetts, the bill is particularly distressing in light of the Nixon Administration's recent decision to expand and improve its domestic intelligence apparatus to identify potential terrorists before they...

Author: NO WRITER ATTRIBUTED | Title: Civil Liberties Specialists Fear Growing Repression | 4/14/1970 | See Source »

...that time, when the co-op was just getting started, Mrs. Hamer said that its goal was not only to provide a farm income for landless families, but also to serve as a social and political organizing center for the blacks of the Mississippi Delta...

Author: By James M. Fallows, | Title: Black Southern Farmers Need Money To Buy Land in Mississippi for Co-Op | 3/10/1970 | See Source »

...money the co-op needs-from the $46,000 land payment to the $1500 price of a freezer for the vegetable bank-Mrs. Hamer has begun another national search for funds...

Author: By James M. Fallows, | Title: Black Southern Farmers Need Money To Buy Land in Mississippi for Co-Op | 3/10/1970 | See Source »

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