Word: rosee
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Dates: during 1960-1969
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...throw in their arms with the Communists and help overthrow the Thieu government. In Hué and Saigon, the Communists announced the formation of revolutionary Committees of the Alliance of National and Peace Forces. But throughout South Viet Nam there were few takers. In Danang, when a Viet Cong rose at a Buddhist Tet service with a pistol in one hand and a bullhorn in the other, bidding the crowd to support the "uprising," the Buddhists seized him and his two comrades and turned them over to the South Vietnamese police...
...Minister has to face in the nadir of his popularity. As he leaves for Washington this week for his first talks in eight months with Lyndon Johnson, Wilson finds himself under fire from almost every direction. So bitter has the criticism become that Lord Gardiner, the Lord Chancellor, recently rose in the House of Lords and declared: "There has recently been in the papers a vicious vilification and denigration of the Prime Minister which has passed all bounds of decency...
...Institutional investors now account for at least 35% of the trading on the New York Stock Exchange, and the proportion will be up to 50% by the mid-1970s. From 1955 through 1966-the latest date for which totals are available-the market value of stocks owned by institutions rose tremendously: from $9 billion to $19 billion for insurance companies, $12 billion to $37 billion for mutual funds, and from $6 billion to $38 billion for pension funds...
Managers of mutual funds and, to a lesser degree, pension funds are operating so exuberantly that in this year's first month volume rose 62% on the American Stock Exchange and went up 20% on the New York Stock Exchange. Trouble is, the exchanges and the back offices of brokerage firms have not expanded and automated fast enough to keep up with the increase. In the resulting snarl of tape and paper, countless buyers have either received the wrong confirmation slips and stock certificates or failed to receive any at all. As they struggle to straighten out the mess...
...more promise than profit. But there is no doubt that most institutions have earned much more than they would have if they had invested only in bonds or blue-chip stocks. Last year one-third of the nation's major mutual funds gained 33% or more, and several rose better than...