SEC Probes Two Stock Brokers in Exchange Rigging Case
The Securities and Exchange Commission investigates the American Stock Exchange amid charges that Jer ry and Gerard Reenlisted fellow members to aid massive market manipulation between 1954 and 1960. The Re family were expelled after allegedly peddling nearly 10 million in stocks, while SEC scrutiny expands to exchange practices and investor protections.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
American Stock Exchange
Frank Cormier
Washington
Associated Press
Jerry
Gerard
The
Exchange
New York City
SEC
Res
Edward T. McCormick
Thompson- Starrett Co., Inc
Bbrief
Bernard (Toots) Shor
New York
Manhattan
Albano
Jerry Re
Chuck Dressen
Milwaukee Braves
Gas from broken pipe caused Halstead Bank blast
Newton Kansas AP Undersheriff Walt Hillman said gas from a broken standby line caused the explosion that destroyed the new Halstead Bank building. The gas line was located by state Fire Marshal's office after landscaping equipment struck the pipe. Eight people were inside but escaped serious injury.
MENTIONED IN THIS ARTICLE
Newton
Kan
Walt Hillman
Halstead Bank
Hillman
JFK May Back Tractor Trade
President Kennedy reportedly took a personal role in behind the scenes moves forming the Tractors for Freedom committee to free captured Cuban invaders. Leading figures Walter Reuther Eleanor Roosevelt and Dr Milton Eisenhower offered no confirmation while sources cited a green light from Washington and indirect federal support. The State Department signaled a willingness to waive the Cuban embargo to allow the tractors through, while Speaker Sam Rayburn said the government would stay out.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Tractors For Freedom
Walter Reuther
Eleanor Roosevelt
Milton Eisenhower
Reuther
White House
Coast Guard
State Department
House
Sam Rayburn
Texas
Congressional
Millions Spent To Train Cuban Force
Washington AP report says CIA spent 45 million dollars to train and equip a 1500-man guerrilla group for an invasion of Cuba. Gen Lemnitzer testified he approved plans that hinged on destroying Castro's air force and rallying anti-C Castro forces. The plan failed as bombers failed to bomb air fields and were exposed. Castro anticipated the landing, air cover failed, and a Liberty ship carrying gear was sunk.
MENTIONED IN THIS ARTICLE
Washington
Central Intelligence Agency
CIA
Lyman L. Lemnitzer
Joint Chiefs of Staff
Senate Foreign Relations
Lemnitzer
Fidel Castro
Castro
Cuba
Joint chiefs to blame for fiasco say Gore in Senate
Gore renewed in the Senate his call for accountability of officials for the fiasco. The military junta refused to approve an agreement placing soldiers under U.N. control. A U.S. embassy spokesman warned that any step suppressing free government hampers civil restoration. The embassy backs U.N. Command and U.S. Gen. Carter B. Magruder as operational head in South Korea.
MENTIONED IN THIS ARTICLE
Gore
Joint Chiefs
Senate
U.N
U.S
Carter B. Magruder
South Korea
U.S. Worries Over Korea Ban On Political Parties
The U.S. Embassy expressed deep concern over South Korea’s new military rulers abolishing all political parties. The move raises questions about governance and American policy toward the Korean peninsula amid tensions and regional instability.
MENTIONED IN THIS ARTICLE
Seoul
South Korea
U.S
The
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