Word: sec
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Dates: during 1980-1989
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...long races in the high- 90s heat, and medics cool the runners down with towels soaked in ice water. But Eric Tosada, a springy 18-year-old track man from Puerto Rico, doesn't even bother to sit down after clicking off 3,000 meters in 9 min. 38 sec., a new world record for Special Olympians. (The overall world record is 7 min. 32.01 sec.) He bounces around delightedly, and comes to prideful attention when his picture is taken. Another kind of athletic accomplishment is that of George Kelsey of New Jersey, who cannot push with his arms...
...began to seem as if the chairmanship of the Securities and Exchange Commission would go begging until David Sturtevant Ruder, 58, a Northwestern University law professor, ended a six-month White House search by accepting the $82,500-a-year position last week. Ruder has taught courses in SEC law and written extensively on securities, but some skeptics in Congress wonder if he is the "tough cop" needed to continue the crackdown on Wall Street's insider-trading scandal...
...motion of planets around the sun. The calculation depended on the angle between two lines from the earth to the sun, but because the angle was not precisely known at the time, Newton used slightly different figures as he revised the Principia. Although he had settled on 10.5 sec., or about three-thousandths of a degree, some of his calculations were based on an earlier estimate of 11 sec. It was that inconsistency that Garisto found -- a discovery that was promptly confirmed by other physicists. The mistake has no bearing on Newton's theory, but its discovery was enough...
Boesky had fingered Martin Siegel, a former Kidder merger specialist who supplied the arbitrager with tips on takeovers. After Siegel pleaded guilty to criminal charges, authorities alleged that Kidder should have known what Siegel was doing. General Electric, which owns 80% of Kidder, struck the SEC deal to avoid prosecution -- and to put the scandal in the past. Even as the settlement was announced, GE pumped $100 million in capital into the brokerage...
...SEC Commissioner Edward M. Fleischman '54 said that Shad gave money to Harvard for a program that would approach ethics from a variety of angles. "The chairman is no visionary, and he's no fool. His attitude is multi-dimensional, and part of his attitude is that you have to teach ethics along with the rest," Fleischman said. "Part of the job is to give an official imprimateur to the role of ethics, showing what the problems...