Word: shannons
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Dates: during 1970-1979
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...Trusting. Within a few days after the bills were introduced, large purchases of shares in National Bankers Life Insurance Co. stock were made by Governor Smith; Gus Mutscher, speaker of the state house of representatives; Elmer Baum, head of the Democratic state executive committee; State Representative Tommy Shannon, who introduced the legislation; and W.S. Heatly, chairman of the state house appropriations committee. They and other influential Democrats bought the stock at between 11⅛ and 13¾ a share. Much of the buying was done with loans from the Sharp-controlled bank, with the stock itself as collateral...
...Governor Smith and Baum, who, buying shares and selling them at the inflated price, netted $125,000 between them. Speaker Mutscher said that he eventually lost money because he bought back in, but on his original purchase he is said to have made between $50,000 and $100,000. Shannon cleared $30,000, and Heatly $34,000. The SEC documents did not list a specific profit for Sharp. But he benefited by having the use of some of the Jesuits' funds during the frequent dealings between them. Also, his enterprises would have been in line for a windfall...
There he again worked to build activism in the ghetto. But he also itched for a U.S. national resolve to turn against the war ? and for his church to lead that change. Though progressive Catholic journals spoke clearly enough, U.S. bishops remained equivocal: Bishop James P. Shannon (TIME, Feb. 23, 1970) was one of the few prelates to speak out against it publicly. Philip joined other Catholic and Protestant clergy and laymen in picketing and pray-ins at the homes of Dean Rusk and Robert McNamara and at Fort Myers, Va. Then, in October 1967, Philip and three other...
...Even more heartening is the fact that the marches on Shannon Hall were turned back, not by the few University police on hand at the time, but rather by other aroused students-a very large number of them freshmen-who were resolved to prevent such senseless activity discreditable to all young," Pusey said...
...possible explanation for the apparent contradiction between Beal and Shannon could be that Wasserman himself applied the pressure without telling Beal. This has apparently happened before...