Word: sec
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Dates: during 1950-1959
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Last week the Israeli government decided to switch from charity to hardheaded finance. It filed a registration statement with SEC to sell a $500 million issue of "independence bonds,"* the largest foreign bond issue ever floated in the U.S. It was the start of a three-year plan of Prime Minister David Ben-Gurion, to raise $1.5 billion to make the new nation independent economically as well as politically...
...Helsinki Olympics), the Japanese piled up a total of 130 points. India was second, with 95 points. Iran, with 43 points, beat the Philippines for third. The records were generally poor in comparison with world marks (e.g., best time for Asiad men's 400-meter hurdles: 54.2 sec.; world record: 50.6 sec.), but, in the words of one federation official: "The spirit of cooperation displayed here has been more important than smashing records...
...Beta Kappa economist from the University of Arizona, McCormick joined the fledgling SEC in 1934 as a $1,900 analyst. He moved up in the New Deal hierarchy and set his heart on becoming a commissioner. In 1949, President Truman gave him what he wanted (TIME...
...McCormick, who will take over his new Curb duties in April, already has plenty of fans in Wall Street. His knowledgeable book, Understanding the Securities Act and the SEC, is a bestseller in its field...
...Alpe-d'Huez, France, the German four-man bobsled team over the U.S and Switzerland, setting a course record of 1 min. 11.65 sec. and making a clean sweep of sled titles in Germany's first postwar try at the world championships. ¶In Seattle, Dick Button, 21, world figure-skating champion, for his sixth consecutive national title. ¶In Boston, Miler Don Gehrmann, for his sixth straight victory over FBI-man Fred Wilt, in the track-record time...