Word: marketeers
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Dates: during 1960-1969
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Grubby Guerrillas. In a recent bust, federal agents in Boston seized $450,000 worth of marijuana bound for "the Cambridge market," a central distribution point for which is Harvard Square. Officially, the university frowns on drugs, occasionally will nail a student dealer and expel him. But Dean Fred Glimp views marijuana smoking calmly: "The ones who smoke pot now are the ones who ten years ago would go on benders on Saturday night." Asked what he would do if he heard a wild party going on at 3:30 in the morning and found a group of stoned students...
...student began Saturday to market their service to other freshmen, who have until Friday to submit House applications. John M. Farago '72, a member of the group, said that they have not yet received any business...
Again the rhythm differed from what is usually found in the 16 millimeter market. But that in itself does not mean that a white cameraman could not have filmed it (or that a white audience could not understand...
...says. He planned to sell off a small slice of Braniff, most of National Car Rental and perhaps a few other securities to raise all the funds that he said LTV now needs. At week's end, however, he cancelled the sale of National Car shares, blaming "stock market conditions...
...provisions. If they swap shares in a target company for the conglomerate's deben tures, they pay no capital-gains tax on the deal until they get their money back in 25 years. Debentures are doubly attractive because they are generally convertible into common stock at an above-the-market price. For the companies that issue them, debentures offer an even bigger tax break. The interest payments can be deducted from corporate taxable income as a business expense. On the other hand, stock dividends must come from after-tax earnings. Using debentures, conglomerates can often grab control of other companies...