Word: bankrupts
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Dates: during 1960-1969
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...Loeb profits, such as they were, went to the University, which also financed all mainstage productions. The HDC's main source of funds -- the green-room Coke machine -- was unable to keep the HDC above water, and by the Fall of '64 the Harvard Dramatic Club was all but bankrupt...
Rockefeller has done imaginative things to rehabilitate three bankrupt railroads in the state, to improve the State University, to push medical aid--but he imposed a three per cent state sales tax which the voters won't forget. The tax, which his opponents call regressive, inspired O'Connor's campaign slogan: You Can Believe Frank O'Connor...
...some drivers back to public conveyances. San Francisco is currently building the nation's first wholly new rail transit system in 60 years, and Washington is planning another. Massachusetts has borrowed $40 million for new subway lines and commuter railroad subsidies. New York State this year bought the bankrupt Long Island Rail Road, the nation's largest commuter line. New York, New Jersey, Pennsylvania and Connecticut are splitting commuter rail subsidies with...
Belated Pledge. Ironically, Intra was far from insolvent, with more than $230 million in assets against $170 million in liabilities. But too much was tied up in risky long-term investments, depriving the bank of needed cash. Predictably, Intra's closing started a run that threatened to bankrupt other Beirut banks. At a twelve-hour emergency night session, the Lebanese Cabinet ordered a three-day bank holiday to stall for time. To avert another kind of panic, Beirut's stock exchange also closed. So did department stores and shops, bringing business in the city close to a standstill...
...American occupation and two decades of independence?the Philippine Republic endures as Asia's freest democracy. It is no "showcase," to be sure, but it stands as a model of hope for all of non-Communist Southeast Asia: from the introverted Burma of Neutralist General Ne Win to the bankrupt chaos of Suharto's Indonesia; from royalist Thailand through Malaysia to trifurcated Laos; and certainly to South Viet Nam itself...