Word: sec
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Dates: during 1960-1969
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Morgan Guaranty subsequently bought 8000 shares of Texas Gulf. A suit filed by the SEC April 18 in Federal District Court in New York contends that Lamont violated securities laws forbidding corporate officers to capitalize on inside information...
Lamont is a director of both the Texas Gulf Sulphur Company, which made the strike, and the Morgan Guaranty Trust Company. He is charged by the SEC with telephoning word of the strike to an officer of Morgan Guaranty before the news was made public...
...remotely close, either, about South Africa: wearing a corset to ease the pain from a slipped disk in his back (souvenir of an Alpine snowball fight), he became the first man ever to top 100 m.p.h. on East London's tricky, twisting track, coasted home a comfortable 31 sec. in front. At Spa last month, thunderstorms made the trip a little dicier than Jim expected ("It was damn dangerous out there"), but he still scored his fourth-straight victory in the Belgian Grand Prix and left the rest of the field strung out 1½ miles behind...
...Marine Lieut. Billy Mills, 27: the six-mile run in 27 min. 11.6 sec., clipping 6.2 sec. from the record set in 1963 by Australia's Ron Clarke; at the national A.A.U. track and field championships in San Diego, where the team to meet the U.S.S.R. at Kiev this month was chosen. Proving that his astonishing 10,000-meter victory in the Olympics was no fluke, Mills held off a strong challenge from Washington State's Gerry Lindgren, 19, who matched him stride for stride through a bristling 58 sec. final quarter-mile before Mills breasted the tape...
...France's Michel Jazy, 29: the 5,000-meter run in 13 min. 27.6 sec., paring 2 sec. from his own European mark; at Helsinki's World Games. Continuing a fantastic, month-long campaign that has seen him smash seven European and world records, including the mile (TIME, June 18), Jazy took this occasion to show that he could run against topflight competition as well as against the clock in carefully staged set-piece races. Ranged against him at Helsinki was a raft of world stars, among them Australia's Ron Clarke and U.S. Olympic Winner...