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...specialists after the SEC issued a complaint last May. Last week, after a year of further digging, SEC investigators agreed that something indeed was fishy. They filed a brief charging the Res with "deliberate and gross" violations of law that did "many millions of dollars of harm" to thousands of stockholders, urged the SEC to expel both men from the exchange and revoke their broker-dealer licenses. After further hearings, the SEC can also refer the case to the Justice Department, for criminal prosecution...

Author: /time Magazine | Title: Wall Street: Underground Combine | 5/5/1961 | See Source »

...much for the New English Bible's poetry. Instances of "jargon, and all that is either stilted or slipshod" are even more numerous. Matthew's account of Pilate's altercation with the Jews is given overtones of "Mrs. Murphy's Chowder": "Why, what harm has he done?" Pilate asked; but they shouted all the louder, "Crucify him!" The sayings of Jesus become jingles ("If your right eye leads you astray...

Author: By Anthony Hiss, | Title: The New English Bible: Truth in Bureaucratese | 5/5/1961 | See Source »

...December, 1953, Dean Watson urged the U.N. Council to "reconsider" an invitation to have Owen Lattimore, then under indictment for perjury, speak at the University. Watson reportedly declared that Lattimore's appearance would be more "harm than help' to Harvard...

Author: By Frederic L. Ballard jr., | Title: Two Professors Defend Seeger's Right to Sing | 5/3/1961 | See Source »

...aftermath, Cubans bitterly blamed the U.S. and were less inclined to acknowledge the harm done by their own internecine quarreling. But they had paid dearly, too. Miró's own son was Castro's prisoner. Varona's son, two brothers and one nephew were missing. So was Council Member Antonio Maceo's son. The Revolutionary Council held a funereal press conference in the tinseled gaudiness of the Moderne Room of Manhattan's Belmont Plaza. Still playing by the rules, Miró gamely denied that...

Author: /time Magazine | Title: Cuba: The Massacre | 4/28/1961 | See Source »

...Ford dropped below its issuing price shortly after it came out 5 years ago-and stayed below it for 3 years. For such reasons, many Wall Streeters would like to see more done to curb the speculative fever, lest it bring on a painful shake-out that would harm thousands of small investors and, as in '29, give the Street a bad name that would take years to live down...

Author: /time Magazine | Title: Wall Street Fever: New Issue Speculation Is Out of Control | 4/28/1961 | See Source »

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