Word: impactions
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Dates: during 1960-1969
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That trial is traced with disturbing impact in a new book, The Prosecutor, by James Mills (Farrar, Straus & Giroux; $5.95). The plot is Kafka in reverse. The prosecutor is a lonely man fighting impossible odds. His key witnesses are afraid to testify. The opposition's maneuvers force him to present his case to the jury like "a movie run too fast, with a lamp too dim and half the frames chopped out." According to Mosley, the case marked the first time in 20 years that Mafia defendants had been brought to trial for murder in New York City...
...most respects, the U.S. has carried on business as usual with the Soviets. In the area of arms control, however, the invasion may prove to have had a lasting and lamentable impact. On the eve of the invasion, Moscow had advised Washington that it was ready to launch the Strategic Arms Limitations Talks (SALT) on Sept. 30, 1968 (see THE NATION). After the Soviet tanks rumbled into Prague, the U.S. felt compelled to cancel the talks. They have yet to be rescheduled. Meanwhile, the race between the two superpowers to develop antiballistic missile systems and rockets with multiple warheads...
...gross private investment. To investors who have been accustomed to getting only an interest return on loans, says Washington Economist Miles Colean, "an exposure to equities is like the taste of blood to a young lion." The insurance industry's new look may have an even greater impact on the stock market. If insurers could sell mutual-fund shares to all their 132 million policyholders, they might well generate a torrent of cash. The thought of how much that could lift stock prices is enough to elate some Wall Streeters. The prospect frightens many others. They fear that prices...
...beginning of the decade, even J. Edgar Hoover denied its existence. Its structure was a mystery, and if it had a name, no one on the outside was sure of what it was. Yet, almost unnoticed, it exerted a profound impact on American life. It still does. Small wonder that Valachi, the thug-turned-informer, doubted that anybody would believe or care when he talked about an organization called La Cosa Nostra...
...repair its image, the Dade County Port Authority recently hired former Interior Secretary Stewart L. Udall and his new environmental-consulting firm, Overview Group, to study the impact of an airport and seek alternatives. Udall says that he refused to take the job until the Port Authority promised to freeze jetport construction after the first runway, and showed itself sincerely open-minded on optional sites for a commercial terminal. "We are not going to justify a decision already made," said Udall. "We're hoping to establish planning parameters for the entire southern Florida environment." But Port Director Alan...