Word: stocked
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Dates: during 1960-1969
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...what seemed to be a move to bolster Finch's stock in the Administration and on Capitol Hill, Nixon last week declared his "complete and unqualified support" of a set of HEW proposals to combat the rising costs of health care. Warning that the nation faced a "massive crisis," he placed his presidential imprimatur on a report prepared by Finch and Dr. Roger O. Egeberg, who was named Assistant Secretary for Health and Scientific Affairs after the Knowles appointment collapsed...
Even though President Nixon quickly made clear that he abhors controls and none are on the way, Kennedy's casual remark accelerated the stock market's decline. The Dow Jones industrial average fell 34 points during the week. It closed at 852, even lower than it was at the end of 1965, and down 12% from the year's high of 969. The slide wiped out $60 billion worth of equity. Some indexes of speculative stocks have plummeted as much...
...firm of Arnold & Porter, the debate over the embattled ex-Supreme Court Justice continued for weeks and posed an agonizing dilemma: Should the firm welcome him back? The decision lay with the 34 partners, and at first many seemed inclined to forgive Fortas' questionable relationship with convicted Stock Manipulator Louis Wolfson. Then a number of partners began to harden their view. In the end, only Founding Partners Paul Porter and Thurman Arnold argued strongly for their old colleague (Fortas' wife Carolyn, also a partner, abstained). By an overwhelming majority, the partners have now reached "an understanding": Fortas will...
...managers of mutual funds have been performing poorly lately. During this year's first half, the composite in dex of shares listed on the New York Stock Exchange dropped an average 8%. The decline for mutual funds was close to 12%. Of the 369 funds ranked by Manhattan's Arthur Lipper Corp., only six managed to post any gains...
...agreement on the mines was a political triumph for Frei, whose shaky Christian "Democrat party must face a rising leftist challenge in the 1970 elections. But Anaconda stock dropped to a new low for the year, and company executives said that they did not know how Anaconda would make up its Chilean losses...