Word: portfolios
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Dates: during 1960-1969
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Pham Dang Lam, Saigon's observer at the talks up to now and a former Foreign Minister (1964-65), will head the official group. The other members include: Nguyen Xuan Phong, like Lam a Southerner and former Minister With out Portfolio under Vice President Nguyen Cao Ky when Ky was Premier in 1966; Mrs. Nguyen Thi Vui, niece of a Trotskyite killed by other Communists in 1946 and a successful law yer with a long record of working for the poor; Vuong Van Bac, a Northerner, a lawyer and a Ky man; and Nguyen Ngoc Huy, a professor...
...latest to make this discovery is one of the biggest contributors of them all: the Ford Foundation. Last week President McGeorge Bundy announced that the foundation, while continuing to give some $200 million a year in outright grants, will for the first time dig into its investment portfolio with the expectation of reaping a return from its high-minded endeavors...
...fall of 1962, an editorial associate put the manuscript of One Day in with a portfolio of others for the editor in chief of the literary magazine Novy Mir, the adept
...Bertha Hecht, a 66-year-old widow in San Mateo, Calif., turned over her inherited portfolio of blue-chip stocks worth $533,161 to a representative of Wall Street's venerable Harris, Upham & Co. Seven years later, she found her fortune cut in half. She is still fighting to recoup her losses...
Earlier this year, a California federal court judge, William T. Sweigert, claimed that if Mrs. Hecht's portfolio had been left untouched from 1957 to 1964, its value would have increased from $533,161 to $1,026,775. Instead, her account plunged to $251,308. The judge found that Mrs. Hecht's account had been "grossly and unfairly churned" by more than 10,000 transactions in an effort to generate commissions. Judge Sweigert therefore ordered that the firm pay Mrs. Hecht $504,391 in damages. Harris, Upham is appealing that decision...