Word: press
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Dates: during 1970-1979
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Hailed in the early 1970s on Wall Street as a wunderstock and in the business press as "a savvy marketer to the Third World," ISC is today in deep trouble. In the past two years, it has piled up losses totaling more than $50 million. In February, the American Stock Exchange suspended trading in ISC, after auditors found serious irregularities in the firm's financial records. The company's longtime chairman, J. Thomas Kenneally, 52, was ousted two weeks ago, and the few employees remaining in ISC's lavish skyscraper headquarters have been busy tagging the antique...
With those words, U.S. District Court Judge Robert W. Warren of Milwaukee starkly defined the conflict: freedom of the press vs. national security. Last week Warren came down firmly on the side of the Government. He issued a preliminary injunction barring publication of a 3,350-word article in the magazine describing how a hydrogen bomb works. The injunction replaced a temporary restraining order he imposed March...
Warren thus became one of only a handful of federal judges ever to exercise "prior restraint," that is, ban a story before it is published. Trying to avoid this fateful step, he first suggested that an independent panel of two press representatives, two arms specialists and one jurist work out compromise deletions so the article could be printed. The Government was willing, but the magazine was not. Said Editor Erwin Knoll: "You can't mediate your First Amendment rights...
...lady of letters whose tautly structured short stories won a 1970 Pulitzer Prize; of a heart attack; in White Plains, N.Y. Acclaimed for her first novel, Boston Adventure, at age 29, Stafford went on to publish two more novels, numerous short stories and many nonfiction works. The widow of Press Critic A.J. Liebling and a sharp wit in conversation and prose, Stafford said: "I write for myself and God and a few close friends...
...varsity eight returns to the Charles on April 21 for the annual Stein Cup encounter with Brown. Parker touted the Bruins as a threat to take the San Diego title and Brown coach Vic Michelson vociferously concurred with Parker's assessment in pre-meet statements to the San Diego press. Says cox You: "They're going to be out to get us after what we did to them...