Word: interestingly
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Dates: during 1950-1959
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...Money. Within ten years, with time out for a year-and-a-half World War II hitch as a Marine Corps lieutenant, Fox had shuffled credits into a securities-real estate empire estimated at $25 million even while staying "in hock to my eyeballs." Among other interests, he controlled the U.S. Leather Co. (which he liquidated in 1952), held the principal interest in Western Union (which he sold out in 1952). He owned a 47-acre Connecticut estate at Fairfield, a house with a dining room imported from the 18th century London home of David Garrick, 6,500 acres...
Once the top 16 teams got to Sweden, they ran into new hazards. Sweden's own team was one of the tournament favorites, and younger Swedish fans, combining patriotism with sophisticated self-interest, gave the visitors a delightfully wearing welcome. The Argentines were met by mobs of pretty blonde Swedish teen-agers eager to test the reputation of the passionate Latins. After too many friendly nights in their hotel and too many embarrassing afternoons on the playing field, the weary Argentines went back to South America thoroughly whipped. They were met by angry home-town fans armed with stones...
...shares, i.e., sold borrowed stock in the expectation of buying it back at lower prices. After that, charged the SEC, they had made "false and misleading statements," and put out "bogus information" to drive down the price of the stock so that they could cover their short interest. The SEC got a restraining order in court to prevent Wolfson from what it termed fraudulent stock manipulations...
...free-riders in Government bonds (TIME, June 30). But a bigger cause was the fact that the corporate bond market was swamped with high-grade issues, was trying to peddle them at a time when investors were increasingly queasy over the Federal Reserve's next move on interest rates...
Died. Sammy Bronstein, 81, onetime St. Louis newsboy who turned to money-lending, helped St. Louis newsmen make it from one payday to the next, charged them interest at rates upwards of 5% a week; of uremic poisoning; in St. Louis. Young Sammy engineered a steady $2.50-a-week retainer from the St. Louis Post-Dispatch after he spotted Founder Joseph Pulitzer on the street, pretended not to know who he was, followed him for blocks trying to sell him a copy of the Post-Dispatch. Later, in his banking days, he was ready 24 hours a day to back...