Word: sec
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Dates: during 1990-1999
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...second thing to know is that he's not afraid to upset very large apple carts. Richard Nixon's reported gripe to his counsel John Dean about the too-vigilant "Jew boys" over in the sec was aimed partly at Sporkin, who was dogging the rogue financier Robert Vesco for an illegal $200,000 contribution to Nixon's re-election campaign. Eventually Nixon's Attorney General John Mitchell pressured William Casey, then sec chairman and Sporkin's boss, to delay an investigation into Vesco's contribution until after Election Day. When Casey tried to lean on Sporkin, the latter resisted...
...Adelboden, Tomba initially had trouble finding his rhythm and finished the first of his two runs 0.34 sec. behind Norway's Harald Strand Nilsen. Early in the second run, he lagged slightly behind his pal Jure Kosir of Slovenia. Then, under the eyes of 5.5 million Italian TV watchers, La Bomba proved as good as his name. He blasted into the steep final leg and cut his arcs sharply in his gate-crashing style. He ended with a composite time of 2:21.96, 0.07 sec. faster than Kosir...
...Glickman, a Kansas Democrat who held a congressional seat for 18 years, is set to be nominated by President Clinton to replace Agriculture Sec. Mike Espy, who's resignation was announced this fall. Glickman was a member of the Agriculture Committee and was an author of the 1990 farm bill. He was swept out of office last month in the Republican landslide...
...reputation as tinny, tacky and powerless. Detroit's new subcompacts are stylish, drivable and affordable too, none more so than this remarkably popular little Chrysler (average price: $13,000). Most striking are its aggressive lines, responsive handling and tops-in-class acceleration (zero to 60 m.p.h. in 8.4 sec.). Originally intended for young drivers, the surprisingly roomy Neon now sits in the driveways of nearly 175,000 value- minded consumers of all ages, proving that these days good things really do come in small packages...
...SEC INVESTIGATING PAINEWEBBER: The Securities and Exchange Commission, according to today's Wall Street Journal, is looking into whether PaineWebber improperly sold billions of dollars of limited partnerships to investors -- a potential scandal similar to one that scarred Prudential Securities. The SEC is investigating whether brokers made false and misleading statements and omitted facts regarding risks to investors in certain partnerships, sources close to the investigation told The Associated Press. PaineWebber says it is cooperating fully with the SEC's review. The SEC is also reportedly investigating partnership sales practices of other Wall Street firms, including Merrill Lynch...