Word: failed
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Dates: during 1980-1989
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Texaco stockholders are likely to feel anxious soon. Some of them "could be wiped out" by the bankruptcy, according to one legal expert. Many of the large institutional investors that hold Texaco stock are forbidden by various rules and regulations to own securities that fail to pay dividends. But even those that are not so constrained are unhappy. Harold Ofstie, for example, is portfolio manager of Philadelphia-based Delaware Management, which owns 3.7 million Texaco shares. The bankruptcy filing means a projected loss of $11.1 million in annual dividend income for Delaware. Says Ofstie: "We understand the reasons why Texaco...
...enthusiasm for jazz and the Harvard Jazz Band. Trumpeter Lester Bowie, sporting a white silk dressing gown and purple pants, thrilled the crowd with his "avant pop" antics. The Jazz Band, playing with all the guests, gave a remarkable performance, not to mention a few outstanding solos. I fail to comprehend why The Crimson neglected to include these elements...
...loses a Supreme Court decision that could cost it $10 billion in its epic battle with Pennzoil. As credit starts to dry up, Texaco becomes the largest firm ever to go into Chapter 11. Though its executives and directors fly to Houston for negotiations with Pennzoil, the two sides fail to achieve a settlement...
Frank Caprio led off the inning with a single, followed by another single by Captain Mike Pakalnis one out later. Frank Morelli walked to load the bases, but it looked like Harvard would again fail to score when Caprio was thrown out at the plate on a fielder's choice...
...given the premise a sardonic twist: in Nursery Crimes, wicked little Zanny repeatedly confesses to several murders but is so widely disbelieved that she concludes her sins are minor, subject to a penance of three Hail Marys. At home, at school, in church and even among the police, grownups fail her. The story's most compelling relationship unfolds between Zanny and her adopted sister Dolly, who witnesses the first killing, of their younger brother. Dolly keeps her guard up but never raises a fuss: she wants Zanny's parents to continue paying for her education and shrewdly assesses them...