Word: miltonic
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Dates: during 1970-1979
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Many businessmen feel Sporkin is overreaching his authority. Milton Freeman, who heads an American Bar Association subcommittee on SEC enforcement activities, insists that bribes, payoffs and political contributions are not "material" to stockholder interests -as long as dollar amounts remain relatively minor compared with company income. Says he: "If payoffs are being made overseas, and it's not hurting the company, it's no business of the SEC." Sporkin's reply: "What can be more important to stockholders than knowing how companies account-or don't account-for their money...
...Democratic favorites fell like bowling pins. Henry Jackson, the early front runner, did not even survive the first half of the primary season, and even Carter got a scare at the end. Liberals fared worst of all: the Democrats rejected Fred Harris, Mo Udall, Birch Bayh, Sargent Shriver and Milton Shapp...
True, a couple of people's places were omitted-Cleveland and San Francisco. But Milton Shapp did not go far; Jerry Brown remains an oddity in the down-home parade...
...Salvador Allende in late 1973 replaced one set of economic ideologues with another. The Marxists who strove for total regulation of the economy have been succeeded by a group of policymakers known as the "Chicago Boys." Reason: they ardently embrace the free-market teachings of University of Chicago Economist Milton Friedman, who visited Chile for six days last year to counsel them...
RUMORS. Gossip and misinformation can as easily create a prejudicial threat to defendants as news accounts. Disagreeing last week, Simants' prosecutor, Milton C. Larson, argued before the court that "a potential juror would much more likely put aside something Mrs. Jones told her than what she read in the newspaper...