Word: latelys
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Dates: during 1970-1979
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That apparently ended the legal troubles that had dogged Cornfeld for seven years since the fall of I.O.S., which he started in the 1950s and built into the world's largest offshore investment com bine. At its peak in the late 1960s, I.O.S. managed assets totaling more than $2 billion in mutual funds alone; armies of I.O.S. "reps" rang doorbells everywhere to persuade people to put their savings into one or another of I.O.S.'s 130 in vestment outlets. Cornfeld, a onetime social worker, proclaimed that "everyone can be a millionaire." As if to prove it, he lived...
Cornfeld's fortunes tumbled with the end of the bull market on Wall Street in the late 1960s. I.O.S. shares, which had been going for as much as $25 in mid-1969, were selling for 400 by late...
...ballads, always a group specialty, floated free and easy. Songs like The Long Run and The Sad Cafe seemed to sink right into your memory. The current hit single Heartache Tonight, or In the City, a hard dose of metropolitan late nights, or the ironic frat-house rocker The Greeks Don't Want No Freaks sounded rambunctious in a way that is new for the group...
Fleetwood Mac, a band whose average lyric has the approximate weight and consistency of a summer breeze, have become the smash success story of the late '70s. They even outpoint the Eagles; their last album, 1977's Rumours, has rung up sales of something like 15 million copies. Their new album, Tusk, is two records' worth of prime Mac material; they may even be cueing it up in Dorset right...
Though the Kremlin proclaims its allegiance to science, Soviet researchers are stifled by ideological tests and Communist doctrines. A prime example: the Stalin-blessed rule of a charlatan, the late Trofim Lysenko, over all biological research in the Soviet Union. Brooking no opposition to his discredited genetic theories, Lysenko dealt severely with scientific dissidents, putting Soviet biological science years behind that in the West...