Word: safeguarding
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Dates: during 1980-1989
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Since the crash, many legislators have urged a clampdown on program trading, in which large blocks of stocks and futures contracts are simultaneously traded to reap a quick profit from price discrepancies. The Big Board has imposed its own safeguard: a ban on the practice whenever the Dow Jones industrial average falls more than 50 points in one session. But the new study is likely to ease the pressure for more controls. Said Robert Kirby, a Los Angeles money manager who has attacked program trading in the past: "If the numbers stay like this, it may go away...
MOST people have forgotten the Turks and their empire. They may vaguley remember their presence in several Shakespeare plays or how they treated the Armenians at the turn of the century. They might even remember that Britain fought the Crimean War with the Turks and aginst the Russians to safeguard European shipping rights in the Bosphorous--if they remember the Cirmean War. But most have probably forgotten that, however free Greece may have been in antiquity, it suffered many years under the Ottoman yoke...
...current dragnet for white-collar criminals culminates a roaring, greedy decade that created not only legitimate prosperity but also boundless motivation for stealing. Fraud was never so tempting or remorseless, thanks to the proliferation of electronic money and fast, faceless financial transactions. In the past the primary safeguard against such theft had been trust, but in the go-go '80s that ethical obstacle blew away like an old cobweb. Now, finally, the epidemic of cheating may be cresting, since greed is going out of style in some quarters, and the spectacle of once upright citizens slouching off to jail...
EEPC officials say they are forced to seekfunding for their research from companies who havea vested interest in the outcome, but that theyhave set up systems to safeguard againstunobjective results. They concede, though, thatcharges of bias will inevitably accompany theirresearch as it is released into the general policydebate because of the way they must raise money...
Proponents say that neither bill is anti-science or anti-animal research. They argue that Congress must now come to grips with the rapidly exploding field of biotechnology and safeguard the public from its potential dangers...