Word: wiring
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Dates: during 1980-1989
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...month found the tap on Tribe's phone had told the Boston Globe that he was looking into potential interference on the associate's home phone. On Monday, after Tribe's associate notified the company that his phone was being tampered with, a New England Telephone technician found extra wire loose at the junction box of the group of townhouses that included the associate's and threw it away, the associate told the Globe...
...fact, no one wants Gaza. In its 19 years as overlord, Egypt did little but use the strip as a free port and cheap vacation spot for its soldiers. Today Cairo turns its back on Gaza by maintaining a barbed-wire border that Palestinians are not allowed to cross. Though some Gazans look to Jordan for guidance, King Hussein feels little responsibility for the territory. While West Bank Palestinians hold Jordanian passports, the nationality of Gazans is officially "undefined" on the travel documents they must obtain from Israel. Gaza has become such an afterthought that it is rarely mentioned...
Last week the court came close, upholding the mail- and wire-fraud conviction of R. Foster Winans, a former Wall Street Journal columnist who was paid by stockbrokers to leak information about upcoming stories on particular companies. The court also let stand his conviction on a securities-law violation. Investigators had feared that an adverse decision in the Winans case could cripple their efforts to go after big-time insider traders like Ivan Boesky and Dennis Levine. The high court's action, said Gary Lynch, head of enforcement for the Securities and Exchange Commission, "is tremendous news...
...while the decision gave prosecutors a big lift, it left the law that governs insider-trading cases as murky as ever. By a vote of 8 to 0, the Supreme Court ruled that Winans had violated general laws that prohibit wire and mail fraud. On the separate issue of whether Winans had been correctly convicted of breaking federal securities laws, the court split down the middle, 4 to 4, a decision of no value as a legal precedent. Thus the court has still not settled the question of when insider trading is a violation of the securities statutes...
...declared John Paulus, a managing director and chief economist at Morgan Stanley. "The difficulty in reaching an agreement shows a lack of determination, a lack of discipline and a lack of leadership in Washington." Steven Einhorn, portfolio strategist at Goldman Sachs, was equally unimpressed. "They went down to the wire, then delivered what the market expected anyway," said Einhorn. "Washington took four weeks to make cuts, and we aren't even sure if the cuts are good ones. About all you can say is 'Thank God they could negotiate something...