Word: stockings
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Dates: during 1980-1989
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...interviews stressing his religious sincerity. Yet the protest has taken on a life of its own. Virtually every televangelist, including Pat Robertson, has mentioned the film during appeals for money. A nonsectarian group called Concerned Women for America has asked all MCA stockholders to sell the company's stock on Sept. 15. And Mother Angelica, a nun who runs the nation's largest Catholic cable network, is calling on protesters to drive with their lights on on Aug. 22. Both dates were picked at random when the opening was still set for September...
...first uses of racketeering laws against securities traders, a federal grand jury indicted six men on criminal charges that they evaded taxes through dozens of fraudulent stock deals. The accused -- five top officers of Princeton/Newport, an investment partnership with offices in New Jersey and California, and a former trader for the Wall Street firm Drexel Burnham Lambert -- could face prison terms of up to 20 years each and fines totaling $19 million...
They allegedly used a technique called stock parking, in which an investor sells shares temporarily to someone else to hide their real ownership from Government agencies like the Internal Revenue Service. In this case, Princeton/Newport was allegedly parking stocks at Drexel so that the New Jersey firm could claim short-term tax losses on the sale. The laws against racketeering, which involves repeated crimes carried out by a person or a business, have traditionally been used against the Mafia. Bringing racketeering charges against stock swindlers is an aggressive new tactic in the war on white-collar crime...
...least two dozen brokerage houses are checking to see whether any of their employees were also privy to the Business Week leaks. Many brokerages have turned over their trading records to the New York Stock Exchange, which is conducting a computer analysis. Says one investigator: "There is nowhere to hide. We're going to catch anyone who profited by advance knowledge of the column." Such individuals could face criminal charges for wire and mail fraud...
...Rolls Royce owned by this man who fought for the rights of the unprotected, who himself had known poverty as a young Jewish boy growing up in Memphis, Tennessee, does matter. Just as the $20,000 fee he accepted from well-known stock manipulator Louis Wolfson or the $15,000 he was paid for a "seminar" he led at American University, all while serving on the Court, mattered to the Senate when Lyndon Baines Johnson nominated him to replace Earl Warren as chief justice...