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For weeks they had practiced dance steps, shopped for formals, fretted about hairstyles and what on earth to say to their partners. Now the Big City band was pumping up the volume, and the whole ballroom was beginning to shake. Brandon Fitch, wearing a pinstripe suit and an ear-to...

Author: /time Magazine | Title: Awakenings : Schizophrenia: A New Drug Brings Patients Back to Life | 7/6/1992 | See Source »

Smith and Keller adopted the Iroquois word otisca, meaning "water that has gone away," as a name for their process and their company. They worked nights in a garage on a back road southeast of town, won the patent rights and sold the idea to local investors who shared their...

Author: /time Magazine | Title: Chasing the American Dream | 7/6/1992 | See Source »

They didn't make any money to speak of. But on the side, Smith invented a process for extracting oil from tar sand and sold it to Amoco for $1 million. American Electric Power, one of the more enlightened utilities, signed on to build a 125-ton-per-hr. Otisca...

Author: /time Magazine | Title: Chasing the American Dream | 7/6/1992 | See Source »

But Shelor and CSX did not give up on Otisca. For the past few months they have been negotiating a deal that would take advantage of a small chink in the monopoly armor of big utilities: IPPS, independent power producers, which are allowed by Congress to produce electric power and...

Author: /time Magazine | Title: Chasing the American Dream | 7/6/1992 | See Source »

The U.S. has been hammering at the "easy rhetoric" of other nations, but it has yet to accept the responsibilities of the world's largest economy. It has a strong story to tell in such concrete measures as the Clean Air Act, transportation legislation, a pending energy bill and an...

Author: /time Magazine | Title: Summit to Save the Earth: Rio's Legacy | 6/22/1992 | See Source »

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