Word: loaded
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Dates: during 1950-1959
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They joked about father and Freud, about mother and masochism, about sister and sadism. They delightedly told of airline pilots' throwing out a few passengers to lighten the load, of a graduate school for dope addicts, of parents so loving that they always "got upset if anyone else made me cry." They attacked motherhood, childhood, adulthood, sainthood. And in perhaps a dozen nightclubs across the country-from Manhattan's Den to Chicago's Mr. Kelly's to San Francisco's hungry i-audiences paid stiff prices to soak it up. For the "sick" comedians, life...
...Summoning reporters to a hastily called news conference, G.M. opened a trunkful of evidence in defense of the rear-engine car. Declared Maurice Olley, a retired G.M. director of research and development on suspension systems: "Some makes of front-engine cars are nose-heavy, even with a normal passenger load. To compare a car to an arrow is a complete fallacy." In a rear-engine car, said Olley, "the engine and its parts are more accessible. You people who know the Volkswagen know that when you open up its little rear end, there is all its little machinery sitting there...
Meeting a Spy. Set down at Constanza by Juan de Dios Ventura Simó, a Dominican air-force captain who purportedly defected to Trujillo's Cuba-based opponents in May, the C46 load of rebels fanned out into the hills to begin a hot running fight. Five days later, Ventura Simó, freshly decorated and newly promoted to colonel, sat down in Ciudad Trujillo at a government microphone to read a statement that he had been a spy all along, had delivered the rebels into a trap. After the broadcast he appeared at a Foreign Ministry reception...
...biggest attraction of the mutual fund to dealers and salesmen alike is the hefty "load" charge, or commission, usually 71% to 81% (compared with the 1% commission for round-lot purchases on the New York Stock Exchange). Many a customer howls when told of it. But the funds have a quick rejoinder: they argue that the charge includes the cost of selling out as well as buying, is the price of broad diversification and professional management. If an investor with $4,200 (the average size of a mutual fund holding) tried to buy a diversified portfolio of stocks...
...year of a $100-a-month ten-year contractual plan is docked for about $500, or half the entire ten-year commission, in the first year. If the investor drops out in the first year, he loses most of his $500. The funds claim that this big "front-end load" is an incentive to steady saving, but some funds think that such juicy commissions are completely unjustified. Says John Dalenz, vice president of Calvin Bullock, Ltd.: "Why not give those salesmen a blackjack and let them take your entire wallet...