Word: harked
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Dates: during 1940-1949
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Salient: the 20-day cooling period that must by law elapse between the registration and sale of any new security. During the 20 days, underwriters and dealers chew their nails, hark nervously for stop orders, sometimes watch a good market turn into a bad one (leaving them holding the bag). When Emmett ("Spike") Connely became president of the Investment Bankers Association last year and declared open war on the Securities Acts, the 20-day clause was his first objective...
After college Edward Harkness became a railroad director, but he soon decided to devote himself chiefly to giving away his money. One of his undergraduate friends was Dean Sage, who visioned a Manhattan medical centre to be created by combining the Presbyterian Hospital (of which he was later president) and Columbia University School of Medicine. Mr. Harkness made the medical centre a fact, eventually gave to it and to Columbia some $30,000,000. Another Yale friend was Dr. Henry Sloane Coffin, later president of Union Theological Seminary. Mr. Harkness gave the seminary $1,250,000. Still another friend...
...defendants-Max Schmukler and David Kardonick-were not implicated in its crimes. Defense Counsel Abraham Solomon explained: "This is just a trial of one big schlemiel* and two little schlemiels," and launched into a summation which included references to John ("Muggsy") McGraw, bridge, mah jong, and "Hark, hark! the lark...