Word: hayden
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...Exchange has had to scramble desperately to arrange mergers for some brokerages threatened with collapse -but FORTUNE this week discloses how far the N.Y.S.E. had to go in one case that its officials tried hard to keep secret. Newspaper stories had disclosed that the exchange earlier this year lent Hayden, Stone $5,000,000 out of a special trust fund earmarked for investor indemnification. The attempt to keep the firm afloat failed, and Hayden, Stone was later taken over by two other firms, Walston & Co. and Cogan, Berlind, Weill & Levitt...
FORTUNE now reveals that, just before the merger, the trust fund put another $7,600,000 into Hayden, Stone, and that most of this money then went to Cogan (now renamed CBWL-Hayden, Stone Inc.) as a condition of the sale. "In other words," says FORTUNE, "the exchange chose to buy itself a rescue." But the tactic resulted in a curious arrangement: through the trust fund, FORTUNE notes, the exchange now holds an indirect interest in CBWL -a firm that it is supposed to regulate like any other member...
About 1600 people overflowed Hayden Auditorium at Boston University last night to hear Kate Millett, author of Sexual Polities, speak about the "sexual revolution...
...contrast to the Jason Epstein book or Tom Hayden's account, Lukas shows that this spectacular extravaganza need not in any sense be construed as a trial. It was a complex network of conflicts, dominated by personalities and fed by all of those issues which have been rightly injected into trial commentary. But certainly there were no winners and the trial has come to no particular...
There were the obvious conflicts between Judge Hoffman and Bobby Seale (racism), Hoffman and the other seven defendants (radicalism), Hoffman and the defense attorneys (provincialism), the legalists and the symbolists, the Yippie wing of the defendants and the Tom Hayden revolutionary wing, and of course the prosecution and the defense. And there were the nuances of those conflicts, which occupy the major portions of the Lukas' book: for example, Judge Hoffman's fear of his own Jewishness and prosecutor Foran's curious pronouncement that, with the exception of Bobby Seale, the defendants were all "damn fags...