Word: stockings
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Dates: during 1980-1989
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When the members of the Southern Africa Solidarity Committee (SASC) built the shantytown six weeks ago, they said the shanties would stand until the University agreed to a list of demands which included total divestment of the University's $416 million dollars invested in stock in companies that do business in South Africa...
...four years, the SEC has filed some 77 insider-trading suits, more than it started in the preceding 32 years. Only two weeks ago, the First Boston investment firm was forced to give up profits of $132,000 and pay a $264,000 penalty for making trades in CIGNA stock based on intelligence it had garnered from company insiders. Last year R. Foster Winans, a former Wall Street Journal reporter, was sentenced to 18 months in prison for trading in stocks that he had intended to plug in his column for the paper, and Paul Thayer, former chairman...
...Wall Streeters believe that the investment world is still rife with insider trading. They note that in scores of mergers, including General Electric-RCA, Capital Cities-ABC and Philip Morris-General Foods, a run-up in the price of the target company's shares proves that many investors bought stock based on advance knowledge of the deal...
...made its first public stock offering in March, raising $45 million. When investors eagerly snapped up the stock at $16 a share, the founders, who retain shares worth about $62 million, became overnight millionaires. But they have little time to savor their new wealth. Says McNealy: "We run a nervous operation. We're constantly looking over our shoulder to see who's gaining...
...language and rhythms of the book belong unmistakably to the Marlboro Man of American letters. So too do the prose mannerisms that have become the stock of imitators and parodists. But there are also passages that recall Hemingway doing what nobody did better, focusing on the point where action and feeling become indistinguishable...