Word: sec
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Dates: during 1960-1969
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...best girls-Marielle Goitschel or Annie Famose-would win this year's World Cup. That was before Nancy Greene spotted Annie almost a full second in the first run of the special slalom at Oberstaufen, Germany, two weeks ago, only to beat her by 2 sec. on the second trip down the course-and go on to complete a grand slam by winning the giant slalom next day. It was also before she beat Annie and Marielle in the giant slalom at Grindelwald in Switzerland last week, then flashed to a 1½-sec. victory in the Grindelwald downhill...
...President set course for reelection. During his first years in office, Roosevelt had performed a remarkable patch job on a sick economy. But the closing of the banks, the departure of the gold standard, the proliferation of alphabetical emollient agencies - the AAA, the CCC, the SEC, the WPA, the NRA - had done more than restore public confidence. In Roosevelt's mind, Moley says, the relative success of these measures supported the conviction that he was a political messiah, the only man who could conduct the country to its rendezvous with destiny...
...unfortunate that the SEC holds the philosophy of free enterprise and the intelligence and good judgment of the American people in such low regard. In their proposed purge of the mutual-fund management companies [Dec. 9], the SEC seems to have decided that the American investor is too ignorant to judge for himself what is or is not a good investment opportunity. Furthermore, the commission seems to have concluded that the profits generated by a corporation's successful decisions and good service to its investors are undesirable...
Fortunately, the present SEC was not around to judge and regulate the initial decisions and investments upon which the world's greatest economy and highest standard of living were built...
...FULLBACK: Ray McDonald, 22, Idaho, 6 ft. 5 in., 242 Ibs. A bulldozing runner with amazing speed (9.9 sec. for 100 yds.) for his size, McDonald was the leading rusher in college ball, gained 1,329 yds. in 259 plays for an average of better than 5 yds. per carry. "We thought we had a sleeper," moans one scout, "until he scored five touchdowns in one game and got a lot of publicity...