Word: sec
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Dates: during 1960-1969
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...difficulty is deciding just where conflict of interest begins. Many firms permit executives to have interests in other companies so long as they openly report their involvement to the company and to the SEC, which Chrysler's Newberg did not do. Others believe that it is often in the company's best interest to have their men associated with certain other firms. Donald Power, chairman of General Telephone & Electronics Corp., is also a senior partner in a law firm that does considerable General Telephone business. General Telephone wooed him away from the law firm to become its president...
Minuet for Two. Pass defense is the crucial job for a safety man. Although he has run 100 yds. in 9.9 sec., Patton does not consider himself a fast man by pro. standards. For the sake of speed, Patton wears no hip pads, makes do with a piece of sponge rubber over each hipbone. With the rest of the famed Giant defensive unit. Patton has studied his opponents' attacking habits thoroughly. Patton knows that the fine blocking of the Baltimore Colts will give Quarterback Johnny Unitas four seconds or more to pass; he knows too that the St. Louis...
Running for gold-medal glory, Wilma Rudolph regularly got away to good starts with her arms pumping in classic style, then smoothly shifted gears to a flowing stride that made the rest of the pack seem to be churning on a treadmill. She tied the world record of 11.3 sec. in the 100 meters and won the final by three yds. She set an Olympic record of 23.2 sec. in the 200 meters and won the final by another three yds. Then, running with three of her Tigerbelle teammates from Tennessee State, Wilma anchored the winning 400-meter relay team...
...began his final bid for a gold medal. His lead grew to a foot, two feet, a meter. Inch by inch, Johnson somehow gained it back. Then, with only meters to go, Johnson's legs went dead. Momentum alone carried him to the finish line a bare 1.2 sec. slower than Yang's time of 4:48.5 That was close enough: the race of his career had won Johnson the gold medal by the Olympic record score of 8,392 to Yang's 8,334. Left far behind in the third place with 7,809 points...
...SEC VIOLATIONS may have been committed by company officers and directors of Chicago's Comptometer Corp. who sold their stock during its recent big rise. Directors and officers sold 32,269 shares of stock without registering it with SEC. During runup of price of stock after announce ment that company's Electrowriter had been successfully tested by A.T. & T. for use on its public lines, four insiders sold 15,600 shares...