Word: staking
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Dates: during 1960-1969
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...stock-market decline is hitting more people harder than any in history. At least 21½ million Americans directly own corporate shares; another 100 million indirectly have a stake in the market through their holdings in mutual funds, pension funds, profit-sharing funds and the like. Last week the Dow-Jones industrial average tum bled again, by 30 points to 744, lowest since 1963. So far this year the market has plunged 25%, causing a loss of $120 billion, or an average of $2,000 for every U.S. family. These are euphemistically called paper losses - but in many instances they...
...Institute's stake in the land to its west is significant. It probably will expand there and has been encouraging scientific and engineering firms to move into the area. But these goals, though disrupted by an eight-lane highway, are still not entirely thwarted. An M.I.T. that encourages a well-designed depressed highway through the City could do a great deal to ease the Inner Belt's impact on Cambridge, and minimize the damage to the Institute's own plans as well...
Pettigrew noted that most of Mrs. Hicks supporters have little at stake when they vote for her. Seventy-five per cent of her backers, according to the study, "do not or will not have children attending Boston public schools...
...only party in the war to make concessions? Foreign Minister Joseph M.A.H. Luns of The Netherlands had the bitter answer: "It is a well-established practice of totalitarian regimes that they declare themselves prepared for negotiations provided that the other side concedes in advance the main point at stake...
...cash will change hands, but Roy Thomson, whose empire is already worth $300 million, will get 85% of the stock. The remaining 15% will go to Gavin Astor, 48, current scion of the Astor family, which has owned the Times for the past 44 years. He thus gets a stake in a far stronger corporation and becomes its lifetime president...