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Word: belfasts (lookup in dictionary) (lookup stats)
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...clear that De Lorean's dream was stalling, and probably dying. More than 4,000 cars were unsold, and by February the factory was in receivership. In London, angry Members of Parliament were describing the project as a "rip off." Even then De Lorean was saying that the Belfast plant would need $70 million in new capital. The British government balked...

Author: /time Magazine | Title: Finished: De Lorean Incorporated | 11/1/1982 | See Source »

...empty field before. The Conservatives vowed to investigate. There seems to be plenty to dig into. Reports began surfacing, all unconfirmed, that De Lorean had diverted some of the British money into a Swiss bank account or into his own separate businesses. There were even rumors, disbelieved in Belfast, that some of the money had found its way to the Irish Republican Army as protection payoffs for the 70-acre plant site...

Author: /time Magazine | Title: Finished: De Lorean Incorporated | 11/1/1982 | See Source »

...When the Belfast operation was finally shut down, it left 350 unsecured creditors who were owed $60 million and might end up with nothing. An additional $120 million is owed to other creditors, including the British government. Renault, which made the De Lorean engine, is the biggest single commercial creditor; it is owed $17 million...

Author: /time Magazine | Title: Finished: De Lorean Incorporated | 11/1/1982 | See Source »

...sawed-off shotgun, and shot Wright twice in the chest. The Irish National Liberation Army, a Marxist splinter group of the outlawed pro-Catholic Irish Republican Army, claimed responsibility for the attack. The next day James Molyneaux, leader of the Protestant Official Unionist Party, fled his headquarters in downtown Belfast minutes before a bomb planted by the INLA exploded. On the morning of the elections, Molyneaux barely avoided a fire bomb left by the same terrorist group on the windowsill of the house in which he was staying...

Author: /time Magazine | Title: Northern Ireland: Fresh Pain | 11/1/1982 | See Source »

...outcome may not matter much, because, in a sense, the assembly was crippled from the start. Ever since British Prime Minister Edward Heath suspended the Protestant-dominated Parliament in Belfast in 1972, London has sought to restore a measure of self-government to the province. Under a plan prepared this year by British Secretary of State for Northern

Author: /time Magazine | Title: Northern Ireland: Fresh Pain | 11/1/1982 | See Source »

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