Word: madea
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Dates: during 1947-1947
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...trouble started when Big Steel madea deal to buy Los Angeles Consolidated Steel Corp. (TIME, Dec. 30). Kaiser complained that this was a rabbit punch to his own Fontana steel plant, which supplied Consolidated. Presumably, Consolidated would now buy from its new owner, Big Steel. About a month ago, Kaiser again felt the hot breath of Big Steel on his neck. Through a dicker with four western railroads, Big Steel had won a $4-40-a-ton reduction in the freight rate on steel shipped from Geneva to the coast...