Word: sec
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Dates: during 1970-1979
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Abrahams had no difficulty slipping through a superficial SEC and FBI name check in 1977 and getting a license as a commodity trading adviser from the Commodities Future Trading Commission, the federal agency created in 1974 to regulate the industry. He set up Lloyd, Carr in mid-1976 to specialize in the most speculative of all investments: options in futures of such items as coffee, sugar, cocoa and copper, which are traded on the London commodities market...
Whatever the explanation, advertisers ire pondering, and pondering again. In the past three years, TV rates have jumped an astonishing 50%; a 30-sec. commercial on a hit show like Happy Days now costs about $120,000. If the networks can no longer deliver the promised audiences, or even if the audiences remain about the same, TV may no longer be the obligatory medium it now is for many advertisers. Already, some are turning from TV back to magazines and newspapers. In the past two years, General Foods, for instance, has more than doubled the money it spends on print...
...secret MK-Ultra program of drug experimentation on humans. Ralph Nader used the act to pry out documents for his successful campaign against carcinogenic Red Dye No. 2. The Washington Post and Wall Street Journal have pressed with some success to get the investigative records of the SEC concerning almost 400 U.S. firms that have paid bribes at home or abroad. The very existence of the law causes bureaucrats to hesitate before launching actions they would not want to explain in public. But as the number of paper chasers grows in Washington, it is increasingly clear that some changes...
Sound the alarm and call out the guards! The local neighborhood theater may soon be showing commercials between features. Indeed, may already be. For the past month Screenvision, the U.S. subsidiary of a French company, has flashed 30-sec. ads, for Seiko watches and Chanel perfumes, on 1,800 screens across the country. Twelve hundred other theaters are now under contract, and Screenvision plans to expand the time slot for commercials to three minutes. A U.S. company, Cinemavision, claims to have signed up another 4,200 theaters for next year. If all 16,000 theaters in the country accept...
...After three crushing defeats, Australia's loyal underdoggers were busy recalling all the old familiar whiny excuses, among them the "She can only move in light air" ploy. Shamelessly followed this summer by its corollary: "She can only move in heavy air." As the two boats-Australia 44 sec. back-beat up toward the spectator fleet, now placed upwind of the first mark, the word goes round. "Forty-four seconds behind! That's her best first leg ever...