NSMC meaning in Academic & Science ?

Answer:

What is National Student Marketing Corporation mean?

National Student Marketing Corporation (N.S.M.C., NSMC) was the name of a company started by Cortes Wesley Randell, a Washington, D.C. business consultant, in 1966 during the height of the 'Go-Go' 60s stock market. The corporation catered to the youth market and was touted by various Wall Street professionals. Through publicity from acquisitions and the late 1960s bull market, the stock rose from its initial public offering price of $6 a share to $140. Several universities, including the Harvard endowment fund, invested in NSMC. After the crash of 1970, and after Randell had cashed out a portion of his shares, several Wall Street professionals were convicted of wrongdoing by the government. Some of these accused were later acquitted, with at least one spending some time in jail. Following an investigation into Randell's role in the stock crash, prosecutors alleged that he had misrepresented the company's earnings. He pleaded guilty in 1975 and was sentenced to 18 months in prison for stock-fraud conspiracy and three other counts of fraud. Investors sued Randell in civil court and were awarded $35 million.

Financial author Andrew Tobias was a marketing director at NSMC and wrote a book about his experiences entitled The Funny Money Game.

reference

Full Form	Category
National Student Marketing Corporation	Academic & Science
National Student Media Conference	Academic & Science
National Student Marketing Competition	Business
Nephrology Social Media Collective	General
National Street Machine Club	General
Nova Scotia Mustang Club	General
North Shore Medical Center	Medical
North Sunflower Medical Center	Medical
North Suburban Medical Center	Medical
Nawaz Sharif Medical College	Medical