Word: sec
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Dates: during 1960-1969
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...when they throttled back to less than 600 m.p.h. and dropped to 30,000 ft. to rendezvous with waiting tankers. By the time the racers had braked to a stop in Brooklyn, drag parachutes billowing behind, three had cracked the old transcontinental record of 3 hr. 5 min. 39.2 sec. set in 1957 by Air Force Lieut. Gustav Klatt in an RF-101 Voodoo jet. The winning time, posted by Lieut. Richard Gordon Jr. and Lieut, (j.g.) Bobbie Young: 2 hr. 47 min. In New Jersey and New York, angry householders complained that the sonic booms from the swift-flying...
...After burning out his competition with two blazing, 59-sec. middle laps, the University of Oregon's Dyrol Burleson slipped to 59.4 sec. in the final lap, still managed a 3-min. 57.6-sec. mile at Eugene, Ore.-fastest ever by a U.S. miler. Said Burleson afterward: "I think I could have cut three seconds off the last lap if I'd had someone to hang on to. When I get ahead, I get lazy...
...airmen hung up another speed record last week when an Air Force four-jet B58 Hustler bomber reached Paris exactly 3 hr. 19 min. 41 sec. after passing over Roosevelt Field, L.I. (now a shopping center), where Charles Augustus Lindbergh started his famed solo transatlantic flight 34 years ago. The Hustler's speed (average: 1,050 m.p.h.) was nearly ten times as fast as Lindbergh's, who covered the 3,600-mile distance in 33 hr. 29 min. 30 sec. But Lindbergh's single-engined (223 h.p.) ship went all the way on one filling...
...SEC's investigation grew out of charges against Gerard A. Re and his son Gerard F., who, from their privileged position as specialists on the American Exchange, made an estimated profit of $3,000,000 in five years of market rigging and price fixing (they have since been expelled from the exchange). Behind the commission's terse promise to check on the "rules, policies, practices and procedures" governing Amex's specialists and other members lay an evident determination to find out how the Res had got away with their shenanigans under the supposedly vigilant eyes of both...
Despite the delicacy of the specialist's job, however, SEC has left both the establishment of specific rules for specialists and the policing of them to the stock exchanges; the commission itself can neither change the specialist rules made by the exchanges nor punish offenders with anything more than an order for their expulsion from the exchange...