Word: foundered
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Dates: during 1980-1989
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...then head of a newspaper drivers' union that had interfered with the delivery of the New York Trib, a troubled morning tabloid that failed after publishing for a mere three months. Donovan's company had invested $370,000 in the newspaper, according to Leonard Saffir, its founder and publisher. William Casey, now director of the Central Intelligence Agency, was briefly on the Trib's board. Donovan was a stockholder and became a director after Casey left the board...
...Thone, 58, a colorless conservative who barely campaigned for this month's primaries and who claims this race is his last. Thone, apparently underestimating the backlash among the state's financially strapped farmers, drew only 62% of the G.O.P. vote against two challengers. Farmer Stan DeBoer, a founder of the American Agriculture Movement, captured 31% of the Republican votes, criticizing Thone for his support of Reagan's farm and economic policies. On the Democratic side, a political novice, Robert Kerrey, 38, swept 71% of the ballots in his party's primary. A Viet Nam veteran...
...months ago TIME commissioned the PORI Institute, a highly respected Tel Aviv public opinion research organization, to conduct a poll in the West Bank. PORI is directed by its founder Rafael Gill, 51, a sociologist with an M.A. from New York City's New School for Social Research. Since 1966 PORI has been surveying opinion on topics of current interest; its polls are regularly published by the independent newspaper Ha'aretz...
Marrying the boss's daughter has been one route to the top in American business. Last week Christie Hefner, 29, got to the top by being the boss's daughter. Hugh Hefner, 56, founder and chairman of the board of Playboy Enterprises, Inc., announced that he was promoting his daughter to president. Said the proud papa: "Christie's promotion is a natural transition. She has certainly been well prepared for this move...
SEEKING DIVORCE. Herbert Armstrong, 89, autocratic founder of the Worldwide Church of God (membership: 68,000 tithing believers); and Ramona Armstrong, 44, his second wife; after five years; in Tucson, Ariz. They were married one year after Armstrong changed church laws against divorce and remarriage...