Word: sec
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Dates: during 1980-1989
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Normally, the SEC settles cases of "insider trading," a civil offense, with a "consent decree," in which the defendant neither admits nor denies guilt but promises to obey the law in the future. Thayer's settlement talks with the Government, however, have so far proved fruitless, in part because he has reportedly balked at a full public airing of the facts of the case...
Meanwhile, the Justice Department has launched a criminal investigation of possible perjury and obstruction of justice in connection with the SEC probe...
...documents filed with the SEC, which weighed half a ton, provided the first detailed look at how A T & T thinks the eight new companies will fare after the New Year's Day breakup. The most carefully studied report was a 267-page information statement and prospectus that will be sent to every A T & T shareholder during the next few weeks; printing and distributing that document alone cost $3.9 million. In the study, A T & T projected that its new slimmed-down company, which includes long-distance service, Western Electric and the Bell Laboratories, would show revenues...
Contrary to what President Derek Bok asserts, the Nuclear Free Cambridge Act would not limit arms control research. Nor would it limit any other research except that directed towards development of nuclear weapons. This is clearly stated in Sec. 6 "exclusions". "Nothing in this act shall be construed to prohibit or regulate the following... 3) basic research, the primary purpose of which is not to work towards the development of nuclear weapons...
...this heat and dust have made advertisers, already shy of buying time on such a dubiously commercial program as The Day After, almost paralyzed with reluctance. By some accounts, the network has lined up four or five sponsors; by others, it has sold only half the 25 available 30-sec. commercial spots. "I couldn't confirm half, but I know it's a good portion," comments Jeff Tolvin, ABC's director of business information, with gingerly care. The network is charging a hefty $135,000 a spot-a price that could dip as show time approaches...