Word: wall
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Dates: during 1960-1969
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...ready in case R.M. says something that calls for a quick laugh. R.M. tilts back in his chair, scoops up some peanuts from a silver bowl, drops a few into his mouth, brushes a husk from his tie, and jerks a thumb toward a sign on the wall that reads "777 Days Until Opening." Says R.M.: "That's no joke. We'll be open and we'll be ready." The smiling assistants compete mildly for the first affirmative. R.M. reaches for more peanuts...
...like the good old times-only more so. Florida's hotel operators, who have been doing a lot of wall-to-wall wailing in recent seasons (too many rooms, not enough people), suddenly found they were swamped with customers...
Since the SEC began probing Wall Street ten months ago, the hot glare of unfavorable publicity has focused almost entirely on the American Stock Exchange (TIME, May 26 et seq.). Last week the spotlight abruptly swung to the Amex's stern older brother, the New York Stock Exchange. After three weeks of deliberation, a federal grand jury indicted J. (for James) Truman Bidwell, 58, chairman of the board of governors of the Exchange, on the charge that he had "willfully and knowingly" evaded payment of $55,808.83 in income taxes for 1956-57. Within minutes of the announcement, Bidwell...
Bidwell, known to Wall Street friends as "Biddy," is a shy, much-respected Lehigh graduate who came to the Street shortly before the 1929 crash, bought his Exchange seat in 1941, and has since prospered as an independent floor broker. Unlike most men with large incomes, he filled out his own tax returns...
Bidwell partisans suggested that the leak was part of a concerted Administration drive to discredit Wall Street, and Bidwell himself in a bitter statement implied that the Government had deliberately waited until he became chairman of the Exchange to prosecute...