Word: lawyerly
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Dates: during 1960-1969
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...only this year, but the drive to erase insiders' advantages in the stock market started long ago. The agency established in 1961, in the Cady, Roberts case, that a broker who buys or sells stock on the basis of inside information commits fraud. Such police work intensified after Lawyer Manuel F. Cohen, an austere career civil servant, took over as SEC chairman in 1964. In the Merrill Lynch case, the SEC contends that not only the inside-tip giver is acting illegally, but also-and it is a word that was heard all over the Street last week...
...former trial lawyer, Cosell is more inquisitor than interviewer. He needles...
Forceful Representation. Sobol's lawyers argued that if Negroes asserting their constitutional rights have trouble finding local attorneys, they must be permitted to retain out-of-state lawyers. And in federal court, Sobol's first witness gave stark testimony about how difficult it is for a local attorney to represent a Negro. New Orleans Lawyer Lolis Elie, himself a Negro, told how his law office was bombed two years ago. Then he recalled the greeting he received in one courtroom. Said Judge (now U.S. Representative) John Rarick upon Erie's arrival: "I didn't know they...
Obviously, agreed the court, it is unduly difficult for a Negro to get representation, particularly in Plaquemines Parish. "The circumstances convince us that Sobol was prosecuted only because he was a civil rights lawyer forcefully representing a Negro." Although it halted Sobol's prosecution, the court did not go so far as to find the state's legal-practice statutes unconstitutional. But even so, Sobol feels that his case will serve as a healthy precedent. "The decision," he says, "makes pretty clear that an out-of-state lawyer properly practicing this kind...
Last night Boyle denied that he had hired Miss McCarthy, or that he had said so. He did admit that he had consulted another handwriting analyst. Wednesday night he decided not to employ the analyst because of the "absurd" cost involved in retaining both him and a lawyer for a court case which would surely follow any successful challenge of the Wallace papers...