Sublime

If you get a test question stating that an agent in State A calls an investor in State B trying to interest the investor in some securities, tell the exam that an offer to sell a security has been made in both states.

The United States used to be, like China, an engineering state. But in the 1960s, the priorities of elite lawyers took a sharp turn. As Americans grew alarmed by the unpleasant by-products of growth—environmental destruction, excessive highway construction, corporate interests above public interests—the focus of lawyers turned to litigation and reg

In Dallas Bob Crandall was jealous and outraged to learn that United was buying the Pacific division of Pan Am—and that he had never been given the opportunity to bid on it. Crandall could not imagine why he had been entirely cut out. In fact Acker and Gitner had considered shopping the routes to Crandall, whose interest in establishing foreign rou

Gould did not take a title, but had a seat on the executive committee and had four additional board seats, which he filled with his brokers.

Twenty years before, Cohen told the author, he had considered young Representative Johnson “promising material.” Subsequently, he said, he had been somewhat put off by the “intensity” of Johnson’s ambition. But now, in 1957, talking to Johnson over lunch, he felt that the promise had been fulfilled: “He was a man with a mission”—to pass a civil rig

Even while attention had still been focused on Part III, the jury issue was bubbling up below the surface, and it reinforced the alliance with the South that had already been forged among the western senators by Hells Canyon. A jury trial amendment was part of the South’s price—its rock-bottom, non-negotiable price—for not filibustering. And in its