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Word: sec (lookup in dictionary) (lookup stats)
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...April 1972 he secretly dispatched an employee with $200,000 in $100 bills to Maurice H. Stans, Commerce Secretary for Richard Nixon and at that time chief fund raiser for his re-election campaign. Federal prosecutors accused Vesco of trying to bribe the Nixon Administration to head off the sec probe. Stans and Attorney General John Mitchell were later indicted on charges that they intervened on Vesco's behalf in the sec case. Vesco, by then living in Costa Rica, refused to return to the U.S. to testify. Stans and Mitchell were subsequently acquitted...

Author: /time Magazine | Title: ROBERT VESCO: THE PREDATOR'S FALL | 6/19/1995 | See Source »

...SEC alerted Prudential Securities, which held some $73 million in its New Era account, that there might be problems at the foundation. When Prudential examined the account, it came across one troubling aspect: those funds were used as collateral for a $52 million loan. After New Era's lawyers balked at providing foundation records, Prudential called in the loan, and the dominoes began to fall. Last week New Era filed for bankruptcy protection, the state attorney general accused Bennett of fraud, and the SEC charged that he diverted $4.2 million into two firms he controlled personally. In a letter sent...

Author: /time Magazine | Title: TOO GOOD TO BE TRUE | 5/29/1995 | See Source »

...Clippers at Sec...

Author: NO WRITER ATTRIBUTED | Title: NBA | 4/8/1995 | See Source »

...just 2 min. 22 sec., Australia's $3 million entry in the America's Cup trials broke in half in rough seas off San Diego and sank to the bottom of the Pacific. All 17 crew members were rescued. Team official sent an older boat into the races to replace the sunken sloop...

Author: /time Magazine | Title: THE WEEK: MARCH 5-11 | 3/20/1995 | See Source »

...government wants to stamp us out,'' the big guy says. ``We can do what they do -- cheaper and better.'' For the first time, light dawns on the face of the Simoleons CEO. ``Wait a sec,'' he says, and puts his hands to his temples. ``You can rig it so that people who use E-money don't have to pay taxes to any government? Ever...

Author: /time Magazine | Title: THE GREAT SIMOLEON CAPER | 3/1/1995 | See Source »

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