Word: options
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Dates: during 1960-1969
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...Johnsons turned over administration of their financial interests to two trustees when Lyndon became President, can resume control when they leave the White House. Their prospects are bright. Texas Broadcasting holds an option to buy, for less than $1,000,000, a 50% interest in Capital Cable Co., a community-antenna television system that brings programs from San Antonio stations to Austin, carries them into homes by wire. Capital Cable is faced with competition from TV Cable Co., which does the same thing, but more cheaply, by using microwaves to relay the signals from San Antonio...
...court accepted without quarrel a Virginia court decision that every county in the state has the option to operate public schools or not. But, the U.S. court added, it was unmistakably clear that Prince Edward County had exercised its option solely to prevent white and Negro children from attending classes together. "Whatever nonracial grounds might support a State's allowing a county to abandon public schools, the object must be a constitutional one, and grounds of race and opposition to desegregation do not qualify as constitutional," wrote Black. Since "relief needs to be quick and effective," the Justices declared...
...Laos is proof positive of just how badly neutralization can flop. Another possibility is to expand the war to North Viet Nam with bombing raids and guerrilla attacks. That, too, has its pitfalls, for the upshot could be massive Red Chinese intervention, and another Korea. Still a third option is to keep muddling, as the U.S. has been doing. But that policy has so far failed, and there is no prospect that it will suddenly start paying...
...reliable. The headhunters offer good starting salaries ($6,300 to $7,200) and a stock-purchase plan. Half of all employees own A.T.&T. shares, most of them bought at 85% of the market price and sometimes in installments; but no one in the company ever gets a stock option. About 900 men in Bell's system make $25,000 or more...
...provide course sequences so that the option to pursue certain interests in greater depth would be available...