Word: magics
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Dates: during 1960-1969
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...Karl, president of Milwaukee's Mortgage Guaranty Insurance Corp. (nicknamed "Magic"), sketched in the background of the now familiar Magic stock deals. Baker, he said, had tumbled to the potential of the infant home-mortgage insurance company as early as mid-1959. Naturally, he wanted in on a deal with so much profit potential. Though the company's stock had not yet been registered with the Securities and Exchange Commission, Karl sold Baker 250 shares for $28,750; their market value later soared to about $400,000. Admittedly, said Karl, the legality of the early sale might...
...time, Karl was seeking changes in federal regulations to help make his firm's private insurance more competitive with Veterans Administration and FHA mortgage insurance. He wrote a letter to his Capitol pal Bobby, pointing out that he had met some friendly Congressmen who were sympathetic to Magic's cause. Added Karl: "You undoubtedly know many congressional leaders who share the same view...
...lobbying, sir. I'm not used to that term. I was just trying to keep them informed." How about his suggestion that Baker might know other "congressional leaders"? Karl: "I was just expanding on a philosophy." Had Karl ever asked Baker to use his influence on Magic's behalf? Karl: "Definitely not. What he did was talk to some of his friends about the great possibility of the company...
...with the pack. Just before World War II, Seligmann, a gentle, elegant, bookish man, emigrated to the U.S., where he and his wife lived on a roomy farm near Sugar Loaf, N.Y. He designed ballet costumes and scenery occasionally, painted steadily, and grew increasingly interested in black magic. He acquired a 300-volume library of occult literature. He even wrote an extensive survey of wizardry, Mirror of Magic, and admitted that his paintings were often a reflection of it. "I have interpreted them in my own way," he said, "endowing them with animal and vegetable life, and with that mysterious...
...area, Los Angeles and New York, is a sort of low-frequency Hyde Park Speakers' Corner, providing broadcasting facilities for almost anyone who wants to express any point of view. Graphic sexology and earnest Communism often reach the air through Pacifica stations, plus smatterings of scatology and black magic, not to mention any number of broadcasts of the plays of Shakespeare, the works of Wagner, and the theological sentiments of people like George Herbert and John Donne...