Word: lost
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Dates: during 1970-1979
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Taiwan toy manufacturers favor 12-to 15-year-olds, while makers of pocket calculators in Hong Kong sweatshops employ nimble-fingered girls who are under 14. Many have lost fingers as a result of accidents at work. In many of the carpet mills of Morocco, female "apprentices" under 13 work for no wages on the ground that they are getting free training. Since Moroccan law stipulates that any worker 13 or over must be salaried as an adult, the carpet industry usually fires its children when they become teenagers and replaces them with younger girls...
Egan fought back by hiring William Shernoff, a Claremont, Calif., lawyer whose specialty is suing insurance companies for dealing in "bad faith" with their customers. In 1974 Shernoff not only persuaded a jury to award Egan $123,600 in damages for lost benefits and emotional distress, but he also won a whopping $5 million in punitive damages. That was a blow to Mutual's image as well as to its pocketbook: under California law, punitive damages are awarded to punish and deter "oppression, fraud or malice...
...court was ruling on the Egan case, Lawyer Shernoff was off in Mississippi instructing another jury in what he calls "the therapeutic concept of punitive damages." His client this tune was Wilfred Fayard, 58, a sheet metal worker, who had suffered a back injury while carrying a bathtub. Fayard lost his disability benefits because his injury was considered by his insurance company to be "nonconfining." That was because Fayard, on doctor's orders, managed to walk a few hundred yards every day for exercise. At the trial, a former claims adjuster for Fayard's insurers, Pennsylvania Life, testified...
...World Conference on Religion and Peace in Princeton, N.J., eight Chinese religious leaders arrived in the U.S. for the ten-day meeting. The group included Buddhists, Muslims and Christians, among them Anglican Bishop Ding Guangxun (K.H. Ting), 64, who 13 years ago was removed from his house and lost his job as president of Nanjing Theological Seminary after the place was abruptly shut down. It was only the second time in three decades that any Chinese Christian leaders had been permitted to visit...
Savings inflows at the nation's 5,000 federally regulated savings and loan associations dropped to $1.5 billion in July, down from $2.8 billion a year ago. The state-chartered mutual savings banks have lost more than $2 billion in deposits since January, $725 million just in July...