Word: options
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Dates: during 1960-1969
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Last December, muttering that he was "sick and tired of banging my head up against a brick wall," John Murchison sold 1,500,000 of the brothers' shares in Alleghany, plus an option on their remaining 1,900,000 to an ally, Minneapolis Financier Berlin Gamble, 65. Gamble took over as Alleghany president and tried to make peace. When Kirby still balked, Gamble backed out. He sold 1,000,000 of his shares to a Kirby ally, Murray Lincoln, president of Nationwide Insurance Co. Last week, acting as a go-between for the Murchison brothers, Gamble sold...
...members of '13 returned for their sophomore year, they had the option of participating in Lowell's new elective system, an innovation very similar to the present rules on concentration. Each member of the Class could pick one department, thereby learning not only "a little of everything" but also "something well" in the first year of the system, economics was the most popular field, followed at a distance by engineering and English...
...help but they are not a necessity. Our attitude is that of European universities, that the history of art is an intellectual discipline." The Fine Arts Department, therefore, will not in any way encourage its concentrators to take courses offered in the VAC, but will consider them "an option that is always open for the student...
...avoid any further tinge of sentiment, persuaded Manhattan's Paine, Webber, Jackson & Curtis to underwrite the plan. Visiting Israel, he also persuaded Finance Minister Levi Eshkol and the socialist Labor government to make concessions to the fund, including below-market-value sale of government-held stocks and an option eventually to purchase $50 million in such securities...
...following spring. Although his excellent performance on the examinations was a temporary boon to his spirits, by autumn he had begun to decline rapidly. The next three years were to be his worst; a sense of moral impotence constantly plagued him. While suicide seldom seemed like a "live" option, thoughts of taking his life never wholly departed from his mind...