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Word: bankrupts (lookup in dictionary) (lookup stats)
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Though television once seemed about to bankrupt the movie-theater business, many cinemas are making money again by showing wide-screened, star-studded spectaculars for longer runs and at higher prices. Big Ben Sack, who operates five theaters in downtown Boston and is building a sixth, is a leading practitioner of the new formula. "He is the outstanding independent in the country," says one Hollywood booking executive...

Author: /time Magazine | Title: Management: Not so Sad Sack | 7/27/1962 | See Source »

While the hearings headed deeper into the mystery. El Paso U.S. District Court Judge Robert Ewing Thomason at week's end listened to eight minutes of legal wrangling, swiftly decided that Billie Sol Estes was obviously bankrupt. He ordered foreclosure notices tacked up on everything Billie Sol owns except for the lavish Estes home in Pecos. That same day Billie Sol himself sailed into court, serenely pleaded innocent to a multimillion-dollar federal fraud charge; moments later, his three co-defendants admitted their guilt...

Author: /time Magazine | Title: Investigations: Murder, He Said | 7/20/1962 | See Source »

Argentina, a land of spreading pampas, beef and grain, whose 20 million people are more than 90% European-descended, has been ruled by a puppet President and a military dictatorship for 3½ months. The treasury is about bankrupt, the peso has fallen from 83 to a dollar to as low as 137, the cost of living has risen 42.7% since April, and one of the most powerful of the Peronista unions last week threatened to take over the factories themselves unless they were paid long-overdue wages. Economics Minister Alvaro Alsogaray is flying...

Author: /time Magazine | Title: The Americas: Three in Trouble | 7/20/1962 | See Source »

Once one is resigned to the fatuous, bankrupt conventions of will-she, won't-she, should-she, shouldn't-she, Mink offers a modicum of fun. The best line has nothing to do with the plot: "Some day there's going to be an uprising and the masses will regain the misery they're entitled...

Author: /time Magazine | Title: Cinema: The New Comedies | 7/6/1962 | See Source »

...Canadian newspapers this week, full-page ads purchased by Boston's near-bankrupt Northeast Airlines will thankfully proclaim: "Welcome aboard. Howard Hughes!" After stalling off enigmatic Industrialist Hughes for two solid years, the Civil Aeronautics Board last week grudgingly authorized his Hughes Tool Co. to buy 56% of Northeast's outstanding stock from New York's Atlas Corp. The consideration that finally turned the tide in Hughes's favor, said the CAB in its caustic decision, was "not whether Hughes Tool Co. could provide efficient management, but whether Northeast would have any management...

Author: /time Magazine | Title: Aviation: Hughes Gets His Way | 6/29/1962 | See Source »

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