Word: owner
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Dates: during 1980-1989
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Occidental Petroleum, owner of the Piper Alpha platform, said it believed a gas leak was to blame, but days or weeks would be needed to determine what caused and ignited it. Occidental said the three-quarters of the 649-foot-high rig was destroyed...
...Mainers of Letourneau's Used Auto Parts are not the type to be seen at L.L. Bean. They live in a town that is inappropriately named Miracle City, a collection of raw shacks and trailers hard by an automobile junkyard whose owner, Lucien Letourneau, is a down-East version of Big Daddy. Chute skillfully spot-welds an assemblage of impressive vignettes and character sketches, but she has difficulty hooking up the narrative drive...
...turned over $6.25 million to a company that was not a usual supplier. The money, which was ostensibly intended to finance the construction of a hotel in Seoul, went into the Hong Kong bank account of a firm controlled by Park Chong Kyu, a former South Korean general and owner of a Seoul night spot called the Safari Club...
...perilously go-go thrifts, the two California savings and loan associations seemed to be looking for trouble. One of them loaned money for energy schemes ranging from windmill farms to cow-manure incineration, while the other served as a whimsical and allegedly fraudulent investment machine for its owner, a former dentist. Last week federal regulators said they would liquidate the two ailing S and Ls, a drastic step for institutions so large. The Federal Savings and Loan Insurance Corp., which guarantees thrift deposits, will spend a record $1.35 billion in cash to pay off insured depositors...
...topic. Every South Korean President has said that rejoining the two countries is a top priority. But relations between North and South are still hostile, and many South Koreans who cheered the students' successful push for democratic reforms last summer have reservations about the protesters' current cause. As the owner of a Seoul bakery summed it up: "I supported the students + when they fought for democracy. This time I don't understand them...