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Latest Henry C. Yuen Stories

2005-10-11 15:57:34

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday upheld the Securities and Exchange Commission's power to freeze payments to corporate executives during investigations of possible securities law violations. In a win for the SEC, the top court declined to hear an appeal from a lower court brought by two former executives of TV Guide publisher Gemstar-TV Guide International Inc.. "The decision confirms the SEC's authority to prevent companies from paying extraordinary amounts...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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