Word: granded
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Dates: during 1940-1949
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...Harvard-Yale race--grand finale to the sports season--will take place on the Thames River tomorrow afternoon, and unless something goes drastically awry it will be an impressive display of Crimson strength. Not a single Harvard crew has come even close to defeat all season, a record which includes wins over every major racing college in the east--including Yale...
...promoter and would-be automaker, Preston Tucker had an easy explanation for almost all his troubles. Even when his company filed to reorganize under the bankruptcy laws, he glibly promised that everything would be all right. But he ran out of answers before a federal grand jury which called in 95 witnesses and collected 10,000 pages of testimony during a 3½-month investigation of the Tucker Corp...
Last week in Chicago the grand jury indicted Tucker and seven associates on 31 counts of mail fraud, conspiracy and violation of the securities laws.* Trading in Tucker stock, which had been floated at $5, was suspended on the Chicago Exchange, where it had been quoted...
Profit-Takers. The indictment made no attempt to set forth the complex schemes by which Tucker had raised-and spent -$28 million collected from the sale of stock and dealer franchises for his Torpedo 8. The grand jury merely totted up Tucker's statements and labeled each one "false." Said the jury: Tucker & Associates, "seeking to capitalize on the unusual consumer demand" for autos, falsely "represented [Tucker] as an automotive inventor and designing genius" and obtained money "for [their own] personal benefit and profit" by "payments of excessive salaries and expense accounts to themselves, by the creation of fictitious...
...usual, Preston Tucker had an explanation for the grand jury's action; it was "the biggest rape of free enterprise ever perpetrated on this country." Soon, however, a jury would have a chance to decide who had been raped...