Word: bankrupt
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Dates: during 1960-1969
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Efficiency and Eccentricity. Though the Krupp family goes back to the 16th century, its modern mold was cast about 150 years ago by Alfred Krupp (great-grandfather of the modern-day Alfried) who, at 14, inherited a nearly bankrupt little ironworks in Essen. By 1851, he had produced the world's largest cast-steel ingot, as well as the first seamless railway wheels, and was soon building a fortune out of the Industrial Revolution and the U.S. railway boom...
...their part, San Diego fans can't see enough of Hayes. Chanting "Stomp 'em E," they turn out at the city's new $6,500,000 Sports Arena to cheer his every move. The Rockets' home attendance, which last season averaged a near-bankrupt 4,000 a game, has increased by 35%. The team's scoring fortunes are also booming. "Elvin has made us competitive," explains Coach Jack McMahon. "Last year we were going into every game knowing that we were heavy underdogs. This year the kids know that at least they have a fighting...
...rules also reflected pressure from Britain's foreign creditors. In return for a $4.9 billion line of credit, without which Britain would be bankrupt, other nations have insisted that the country overcome its chronic habit of living beyond its means. Lately, under prodding from abroad, the British have been pondering whether to rely more on controlling the money supply to regulate the pace of business. During the second quarter of this year, the amount of money in circulation rose at the inflationary rate of 10% a year. Many economists now contend that this was an underlying cause...
...Rudd has an excuse for talking the way he does. But trying to figure out his ideas is still confusing. He contradicts himself, sometimes within the same sentence. In a discussion after the SDS film Friday night he told a group of people, "The Left is completely bankrupt; but the potential is there...
...replaced Bailey with a lawyer who was admitted to the Massachusetts bar less than a year ago. Shrugs the Great Defender: "If somebody else wants to take a crack at it, good luck to him, but Albert can't 'hire' anybody because he's bankrupt...