Word: mayday
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...begin on all trades. Investors will be able to shop among competing brokers for the lowest commissions and the best services. Wall Streeters, who have done battle with the Government for a decade over negotiated rates, had given the event a designation that in itself is a distress signal: "Mayday...
...stockbrokers, Mayday means nothing less than the abolition of the system that has enriched them in good times and pulled many of them through during long periods of market slack. What is more, negotiated-or "unfixed" -commissions will begin a drastic restructuring of the securities markets...
With losses deepening, fuel costs climbing and credit lines drying up, Pan American World Airways sent out a Mayday call of distress to the U.S. Government, pleading for emergency subsidies of $10.1 million a month. Last week Transportation Secretary Claude S. Brinegar said that "President Ford has concluded that it is not now fair to the nation's taxpayers to ask them to support our U.S. international flag carriers with direct cash subsidy payments." With that, the fate of the nation's senior overseas airline fell into the hands of the banks and insurance companies, to which...
...Nixon's personal insistence. ITT's President Geneen should probably come to trial for bribery. But just as some of the alleged Watergate consirators should have been tried years ago for other matters--things like ordering illegal mass arrests of political dissenters, as John N. Mitchell did during the Mayday demonstrations of 1970--the most serious charges against Geneen aren't related to Watergate at all. They have to do with his company's admitted attempt to foment disorder in Chile in 1970, and the improper influence it and companies like it evidently exerted in getting the United States...
...Indochina war, from the ground war to the Christmas bombing to the secret bombing of Cambodia to building General Thieu's torturous prisons and continuing to finance his attacks on areas he doesn't control. And five years (so far) of subversion of democracy at home, from the Mayday internments to Kent State to bribing the Pentagon Papers judge to letting complaint monopolies even more alone than usual to bugging the opposition's headquarters to ignoring or defying the courts and the Congress. Not to mention all the rest...