Word: strake
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Dates: during 1970-1979
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...Strake Jesuit College Preparatory school, through its dealing with Frank Sharp, a central figure in the SEC suit, lost...
...legislation was approved on Sept. 8 and 9. Just two days after that, most of the politicians who had bought heavily began selling their shares in National Bankers Life. The stock was then trading over the counter at between 15 and 16. Yet the Strake school, which had previously been involved in business dealings with the insurance company and the bank, bought large blocks of the politicians' stock at between 20 and 26. Why?' The SEC documents offer no clue. The Rev. Michael Kennelly, then Strake's president, said that he had not understood the manipulations...