Word: sulphurous
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Dates: during 1960-1969
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...Securities and Exchange Commission had charged Thomas S. Lamont '21 had used the information to buy stock in the company that owned the deposits, the Texas Gulf Sulphur Company...
...original SEC suit, filed in the spring of 1965, charged that 14 men had used advance knowledge of a copper ore strike in Timmons, Ont, to buy stock in Texas Gulf Sulphur. Lamont was initially said to be the only man not to have profited personally from the information; the original suit merely said that he had passed the information on to a friend, who had made large purchases for several banking clients. The suit was later amended, however, to charge that Lamont had bought securities for himself...
...himself discussed the war in encouraging terms of late, a White House aide sternly informed reporters that they had "misinterpreted" the President, "mistaking determination for optimism." To make doubly sure that the nation got his message, the President abruptly scheduled a speech before the American Alumni Council in White Sulphur Springs, W. Va. He could not make the trip because the weather closed in, so he made the speech over television from the White House instead...
...pestilent congregation consists of 230,000 tons of soot, fly ash and other paniculate matter, 597,000 tons of sulphur dioxide, 298,000 tons of nitrogen oxides, 567,000 tons of hydrocarbons and 1,536,000 tons of carbon monoxide annually. It leaves every New Yorker with 730 Ibs. of pollutants to contend with every year...
...federal court, the SEC amended its complaint against Lament, who had previously been accused of tipping the find to Morgan officers handling customer accounts. In essence, the amended complaint said that on that day of April 16, 1964, Lament had also bought 3,000 new shares of Texas Gulf Sulphur himself. This was more than two hours after a company-sponsored press conference had announced the news of the new field. The word had already been carried on Dow-Jones tickers. Brokers' representatives had attended the press conference and phoned the information to their offices. Rumors of the find...