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...toward bringing the in-betweens within the law. The case turned around Robert Gintel, 33, a partner in the Wall Street brokerage house of Cady, Roberts & Co., and his role in a well-timed sell-off of Curtiss-Wright Corp. shares on Nov. 25, 1959. Two days earlier, Roy Hurley, then chairman and president of Curtiss-Wright, had held a much ballyhooed press confer- ence in which he displayed a revolutionary rotary combustion engine that he said C-W was going to produce. On the strength of this promised new product, C-W shares jumped 8¼ points...

Author: /time Magazine | Title: Business Ethics: Defining the Insider | 11/24/1961 | See Source »

...ensuing investigation of Hurley and the strange behavior of C-W shares, Gintel was singled out for having acted on insider information and was severely reprimanded by the Exchange and fined $3,000, which was the same profit he had made for his wife's account by selling 950 shares short...

Author: /time Magazine | Title: Business Ethics: Defining the Insider | 11/24/1961 | See Source »

...pure white silk sheath. At the following reception for 500, her husband deftly fielded all topics, talked wheat with a Saskatchewan reporter, education with a college girl, trucks with a transport official and freedom of the press with a publisher. The wife of Defense Production Minister Raymond O'Hurley told Kennedy that her relatives in Ohio and Connecticut had all voted for him. "Well," replied the President, laughing, "with a name like O'Hurley, they should." Watching Kennedy in action, Diefenbaker declared in admiration: "I hope he doesn't come across the border and run against...

Author: /time Magazine | Title: Foreign Relations: Melting the Canadian Ice | 5/26/1961 | See Source »

...afternoon's crucial match, varsity mainstay Red Grant came through with a 4-0 decision over Princeton's Dan Dent in the 191-pound class. A Tiger win would have tied the match and led to eventual victory, since heavyweight Duke Hurley lost 6 to 5 to Gerry Norton on a slam penalty...

Author: NO WRITER ATTRIBUTED | Title: Grapplers Take First Ivy League Match, Beat Tiger Squad | 2/20/1961 | See Source »

Wrestling captain Nick Estabrook was defeated for the first time in ten matches last night as a powerful Cornell squad crushed the Crimson grapplers 28 to 5 in the I.A.B. Heavyweight Duke Hurley was the only Harvard wrestler to win, pinning his opponent in the second round...

Author: NO WRITER ATTRIBUTED | Title: Big Red Crushes Wrestlers, 28-5, As Varsity Wins Only One Match | 2/18/1961 | See Source »

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