Word: reporters
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Dates: during 1990-1999
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Running a dangerous game isn?t against the law ?- as long as everybody knows the rules. That?s the message a group of state securities regulators is sending in a new report on day trading released Tuesday. According to the regulators, some day-trading firms -- including All-Tech, one of the companies used by Atlanta gunman Mark O. Barton -- have not only been under-disclosing to clients the risks associated with this very risky business, but also have been arranging trader-to-trader loans, thus ensuring the flow of commissions while the trader, often, sinks deeper into debt. Such loans...
...equipment and a trading room in exchange for commissions, is certainly a dangerous game. "The markets move very fast, and something like 90 percent of people who try this aren?t successful," says TIME Wall Street columnist Dan Kadlec. But failure isn?t against the law, and after the report?s release, trading firms were scrambling to remind regulators -? and the public -? that a few unscrupulous apples aside, what they sell isn?t any different than a job at Merrill Lynch: it?s an opportunity to play the markets with the big boys. The only difference is whose money gets...
DEPRIVED HEARTS If you're 65 or older and have a heart attack, you may not get care fast enough--or at all. Researchers report that about half of elderly heart-attack patients receive neither angioplasty--where blocked arteries are Roto-Rootered open--nor clot-dissolving drugs within six hours of arriving at the hospital. The upshot: they are twice as likely to die within a year compared with those who are treated quickly...
...recent New Yorker magazine cover depicted Hillary Clinton as a tourist in Central Park, stalked by Mayor Rudy Giuliani as a mugger holding a cosh. The esteemed magazine may have done better to put Ken Starr behind the tree, armed with his final report. The Whitewater Special Prosecutor announced Monday that he?s moving rapidly to wrap up his investigation of the Clintons, and plans to have his final report out before the first lady makes her Senate bid. At one time, Hillary?s spin doctors may have welcomed Starr?s swansong as an opportunity to revive the image...
...Weber Wright?s recent finding that President Clinton had given false testimony in the Paula Jones case, but wouldn?t comment on whether he might seek any indictments against either of the Clintons. Starr also claimed he?d been "horrified" by the House of Representatives decision to publish his report on the Monica Lewinsky affair in all of its salacious detail. He wants America to believe he?d only included the good bits to help the legislature reach an informed decision. Good thing he isn?t standing for a New York senate seat...