Word: caging
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Dates: during 1950-1959
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...idea of putting unions into the insurance business came in 1951 from backslapping Ben Jack Cage, now 39, who won enthusiastic support from the Texas Federation of Labor. Cage gave union leaders a majority on the board of his Insurance Co. of Texas (later changed to ICT Insurance Co. after the scores of failures made people wary of "Texas" in an insurance title). Cage gave out cheery reports that the company was bringing in $10 million to $15 million yearly in "premium writings" from 25 states. Actually, ICT always lost money. Taking bad fire and casualty risks, it paid...
...cover the losses, investigators found, Cage bought up small industrial plants and pumped their profits into ICT, listed questionable assets, at least once reported a loss on a business deal as a profit. Board members finally grew restless with Cage's free-wheeling management, fired him last February...
Track coach Bill McCurdy, the master of the psychological needle, will ply his trade on his favorite adversary, Yale's coach Bob Giegengack before the annual Harvard-Yale-Princeton triangular meet at Yale's Coxe Cage, this afternoon...
...Eagle defense, goalie Al Pitts, and sometimes the posts of the cage defended well, and B.C. managed to post pone the inevitable until the last period, holding the Crimson 1-1 in the first and then at 2-2 after the second stanza...
...Yardling trackmen overwhelmed Huntington School, 52 to 7, yesterday at Briggs Cage...