Word: sec
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...YORK: The SEC approved a sweeping set of reforms designed to increase confidence and bring more small investors into the Nasdaq Stock Market. Nasdaq, home to such high-tech firms as Netscape, and Microsoft, has experienced a wild growth boom as investors flock to tech stocks. But two government investigations earlier this summer turned up allegations that dealers were engaging in price-fixing by not allowing all investors news of the best prices on the electronically traded market. As a result of the investigation, Nasdaq was formally censured by the SEC and ordered to provide more oversight of dealers...
...City when Bob Beamon long-jumped over 29 ft., and even when he was in the air, you just knew it was something special. Tonight, same thing." When Johnson crossed the finish line, a full 5 m ahead of silver medalist Frankie Fredericks of Namibia, the timer read 19.32 sec. People who knew the significance of the number blinked in disbelief. Johnson had broken his own world record of 19.66 by more than a third of a second, skipping right over the .50s and .40s. Oh, yes--he had also just become the first man in Olympic history...
...world-record holder Butch Reynolds, pulled a hamstring in his semifinal, so the thrill of the final lay in the widening distance between Johnson and his rivals--it was like watching Secretariat in the Belmont. Unpressed, he won his 55th straight 400 in 43.39, an Olympic record just 0.2 sec. off Reynolds' world standard. "I'll get that record eventually," said Johnson, pulling on a T shirt that read DANGER ZONE. "But now I think about the 200. Danger Zone--that's where I have to go now. I've got to get more aggressive. I've got 48 hours...
...Fredericks, who had beaten him in the 200 just a few weeks ago, and the aggression melted away. Johnson smiled warmly and returned to his normal, better self. In the press conference, he was asked how it felt to go faster than any man had ever gone before--9.2 sec. in the last 100 m. "It was like the first time I went down the hill at the end of our street in the go-cart my father made for me," said Johnson. "If you want to know what that's like, get yourself a go-cart...
...done very well. Prime-time ratings for its first full week of coverage were 23% higher than they were for the Barcelona Games, and the network pulled in as much as $500,000 for a 30-sec. spot. But the network didn't need to go so soft to attract women, who have always watched the Olympics in much greater numbers than they tune in to other sports extravaganzas like the Super Bowl. The attraction is not simply that the weaker sex likes weakness (did someone tell the losers it's O.K. to cry?) or syrupy bios...