Word: idea
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Dates: during 1960-1969
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...able to bring sounds from every surface area of the room," he says. "Why not loudspeakers on swings overhead, or a completely globular room with loudspeakers blanketing the walls and the listeners on a platform suspended in the center?" As far as some concertgoers are concerned, a better idea would be to suspend the composer...
Designed for the stockholder with a large interest in a single stock and a distaste for capital-gains taxes of up to 25%, the swap enables him to pool his shares with similar owners of other stocks and profit from diversification. So successful has the idea been that 26 swap funds are now operating, and 13 more were registered before the cutoff...
Fast Rise. Even in the vast and fast-growing mutual-fund business, the swaps have had a remarkable rise. The first was organized less than seven years ago by Denver Banker William M.B. Berger, 41, who had the bright-and right-idea that Section 351 (a), which had been drawn to allow the tax-free transfers of property to a new corporation in exchange for stock, could also apply to individual stockholders. His Centennial Fund drew 191 investors, who pooled securities worth $25,800,000. Berger's idea has been widely copied. Boston's Vance, Sanders & Co. operates...
...idea has been adopted by Edward M. Kovachi Jr. '68, as a plank in his campaign for Leverett House Committee chairman. Kovachi said last night, and Hoffman agreed, that it would be quite feasible for the House Committee to direct the guide's compilation with help from other House members. "I know many people in the House who are really gung-ho for this idea," Kovachi added...
...reader into believing that it is not racism and discrimination but the weaknesses and defects of the Negro himself that account for the present status of inequality...." One recalls the character in a Disraeli novel said to have been "distinguished for ignorance, in that he had but one idea and that was wrong." Ryan's one idea was that I was obsessed with illegitimacy; I should never have raised the subject, he said, and moreover was inaccurate in my facts. He may have been right about the first allegation, but he was wrong about the statistics. For illegitimacy--which Myrdal...