Word: stockings
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Dates: during 1980-1989
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Estrich also delivered a speech entitled "Politics, Women and the '90s." She said women should unite around the issue of reproductive freedom and cannot afford to "sit back and contemplate and take stock" of their achievements...
Government prosecutors have amply proved their ability to persuade white- collar offenders on Wall Street to confess and plead guilty, but can the Feds convict anybody in a court trial? In attempting to try an important case stemming from the Ivan Boesky stock-fraud scandal, the Government is striking out. Last week the criminal stock-manipulation case against GAF and its vice chairman, James Sherman, ended in a second mistrial. After six weeks of testimony and more than 90 hours of deliberations, Federal Judge Mary Johnson Lowe decided the jury was hopelessly deadlocked...
...case evolved from the testimony of Boesky, who fingered West Coast broker Boyd Jefferies. The Government alleges that GAF used Jefferies as a participant in a scheme to manipulate the price of shares in Union Carbide. Prosecutors claim that GAF, which held a large block of Carbide stock as the result of an unsuccessful bid to take over the company, tried to run up the price of the shares before selling them. After many days of technical presentations about stock trading, the jury may have become numbed by it all. Even so, federal prosecutors vowed to try the case again...
...types of telemarketing cons are being hatched overnight, sometimes abetted by front-page news that provides a convincing sales pitch. After the 1987 stock-market crash shook investor confidence in securities, con artists began pushing such alternatives as rare coins, gold, oil and gas leases, and diamonds. One Tulsa-based telemarketing company cleaned up by selling shares in a "secret process" for converting volcanic sand on Costa Rican beaches into gold. A swindler who had been convicted of selling shares in a nonexistent gold mine continued to solicit new investors from a pay phone in his Wyoming prison...
...artists have found a highly receptive audience among the millions of U.S. investors who routinely conduct stock and bond trades over the phone with their brokers. Because it is normal for legitimate brokers to solicit new business by making cold calls, crooks posing as Wall Streeters have talked elderly investors into borrowing heavily against their home equity to buy into schemes touted as surefire. "We are confronted with a national epidemic of truly staggering proportions," says John Baldwin, president of the North American Securities Administrators Association, a group of state officials who regulate brokers and dealers...