Word: stocked
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Dates: during 1960-1969
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...Eisenhower's first Defense Secretary Charles Wilson sold $2.5 million worth of General Motors stock before taking office in 1953. A successor, Robert McNamara, also an automobile company president, was compelled to sell $1.5 million in Ford stock...
...finished his schooling while holding down part-time jobs, one as an oil-field roustabout and another as a hat-check boy in a dance hall. After earning undergraduate and law degrees at the University of Southern California, he worked first for the state, mainly investigating the licensing of stock brokers, and later for the Los Angeles County district attorney. He practiced law on his own for seven years. Then, in 1953, Governor Earl Warren appointed him to the bench...
...Wall Street, the cops-and-robbers business is getting the sort of play that once was accorded to aerospace and the Pill. The stock of Pinkerton's, Inc. (see BOOKS), the 118-year-old outfit that went public in 1967 at $23 a share, is now trading at $51. Federal Sign and Signal, a Chicago maker of police sirens, has gone from $19 to $42 in the past year. American Safety Equipment Corp., whose sales of $26.75 police helmets more than tripled in 1968, has jumped from $10 to $16. Other companies in the police market have seen their...
...from new money, the lifeblood of any mutual fund, Mates was unusually vulnerable to a crisis. That came two weeks ago, when the SEC halted trading of a lively over-the-counter stock that had been one of Mates' big winners. The SEC cited "possibly misleading" information about the stock-Omega Equities Corp.-which had been bid up from 40? a share in January to $35 in November. It last traded at $25, which means that the 300,000 shares that Mates had bought in July for just under $1,000,000 now account for about...
...Japan, Merrill Lynch and Nomura Securities Co. Other partners may join the syndicate. The fund will begin operation early in 1969, if, as expected, the government approves. It will be run by the Rothschilds in the pattern of other syndicates that they have formed in Europe. They will buy stock in promising companies in Australia and other Pacific countries but chiefly in Japan, whose economy in 1968 had a real growth of 12%, the highest of any developed nation. Then the syndicate will sell its shares to the public, mainly in Europe, but not in the U.S. or Canada...