Word: bankrupts
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Dates: during 1980-1989
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After vividly recounting the nuclear industry's successive fiascoes, you conclude that nuclear power should and will be a growing part of our national energy mix. Why not face the fact that this technology is technically, politically and financially bankrupt? Only then can we get on with the job of developing a realistic energy policy that matches tomorrow's needs...
...court ignored the issue of whether the statements in question were presented as fact or opinion. Since the principal service provided by Consumer Reports is comparison of various products, a defeat for the magazine in this case might lead to lawsuits from other manufacturers, which could paralyze, if not bankrupt, the publication...
...they bought a snowmobile manufacturer and suffered heavy losses during the mild winter that followed. They admired Atari's pioneering home video game, Pong, and they made a fortune on an imitation named Telstar. But they overinvested in that, lost $22 million in 1978 and nearly went bankrupt. Then they gambled heavily on ColecoVision, which could play both Atari and Mattel games. It is still selling well (1.9 million units...
...used 5,000 colors and textures of glass to confect his fanciful, flower-bedecked shades. For 40 years his Long Island foundries turned out the lamps that cast a gaudy glow in U.S. homes. Then Tiffany objects went out of style, and in the early 1930s their creator went bankrupt. In the late 1950s an art nouveau boom sent dealers scouring the attics of old mansions and manors for castoff Tiffany lamps. Would-be collectors may weep: a lamp much like Cobweb, which originally cost about $500, fetched a record $360,000 at auction three years...
...controversy began in 1978 when Andrei Navrozov, a Yale graduate, purchased the floundering magazine from a group of undergraduates when it was almost bankrupt for a price...