Word: bankrupts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Even if sanctions were devastating, it is hardly likely that Smith's government would suddenly knuckle under and take it all back. "We'd rather be bankrupt than black," shouted the settlers when Smith returned from London, and they seem for the moment able to back up their preferences. Already over a thousand African nationalists are held in Rhodesian detention camps. The Rhodesian army is equipped with armored cars and automatic weapons and backed by an air force with French helicopters and British jets...
...cried: "Papa! That violinist played an F sharp! It should be an F natural!" At five, he became the youngest student ever accepted at Hungary's Royal Academy of Music. At 21, Ormandy came to the U.S. for a concert tour, but was stranded when the promoters went bankrupt. Literally down to his last nickel, he joined the fiddle section of Manhattan's Capitol Theater orchestra. Five days later, when the conductor suddenly took ill 15 minutes before showtime, Ormandy was thrust onto the podium for the first time because, naturally, he was the only musician who knew...
Industry's Return. Cavanagh showed equal vigor and imagination in tackling Detroit's other problems, which were legion. To pump revenues into the nearly bankrupt city treasury, he introduced a 1% income tax that adds $42 million annually to city revenues. With added funds generated by the current auto boom, Cavanagh has wiped out the $34.5 million deficit he inherited, put the city budget in the black, cut property taxes, and halved a tax on industrial machinery...
Sign & Fly. The sleuths, alas, could not protect American Express against one of the biggest business frauds of all time-the Great Salad-Oil Scandal. As a result, the company today is preoccupied with a problem of its own: satisfying the creditors of bankrupt American Express Warehousing, Ltd., a minor subsidiary that was conned into issuing warehouse receipts for the nonexistent salad oil of Commodities Speculator Anthony De Angelis, who is now appealing his recent 20-year jail sentence. Although American Express is not legally responsible for some $100 million in claims on its subsidiary, it has offered creditors...
Though they have long held out against it, the unions may come around to reducing crews. They intend, however, to exact a good price for any concession: increased pensions of up to $450 a month for displaced crew members. Shipping companies fear that such increases would bankrupt them unless the Government simultaneously increases its subsidies, are so distressed by union demands that they would almost welcome compulsory arbitration. They have other reasons for being distressed: 10% of the business that goes to foreign lines during a U.S. maritime strike never returns, and this time the American Marine Institute estimates that...