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Very little of the money, it appears, was John De Lorean's own. It is conceivable that De Lorean put no mare than $20,000 from his own pocket into the company at the start. He has claimed to have invested as much as $3 million, but one man familiar with the operation says, "No one's been able to trace that money." Because it was his idea and his magnetism that made it happen, De Lorean was able to negotiate with the investors to keep a controlling interest in the business...

Author: /time Magazine | Title: Finished: De Lorean Incorporated | 11/1/1982 | See Source »

Ever since he first went to Congress 26 years ago, Republican Congressman Robert Michel has played well in Peoria, the largest town in his 18th Congressional District in central Illinois. Now Peoria seems to be having its doubts. Long a pocket of prosperity in America's heartland, the region is reeling from depressed farm prices and 16% unemployment. The Pabst brewery and the Hiram Walker distillery have left town, and giant Caterpillar Tractor alone has laid off 8,000 workers. So Michel, 59, the House minority leader and President Reagan's high-profile point man on Capitol Hill...

Author: /time Magazine | Title: The House: Pipeline and Out of Line | 10/25/1982 | See Source »

...complex fashion. Each team offered cash to the first mathematician who could crack its code, figuring that the deciphering could not be done in much less than a million years. To the surprise of all concerned, however, the Stanford scheme sprang a leak this year, putting $100 in the pocket of a determined young Israeli theoretician and raising troublesome, and potentially costly, questions about whether computers can ever be made to keep their secrets...

Author: /time Magazine | Title: Computers: Opening the Trapdoor Knapsack | 10/25/1982 | See Source »

Before the ultimate lifting, the site of the Mary Rose had yielded a fabulous trove of Tudor memorabilia. Aside from cannons, by 1979 the divers began to bring up boxes of clothing, medicine chests and such objects as carpenters' tools, coins and pocket sundials, the Tudor equivalent of watches. One special find: a shawm, the 16th century forerunner of the oboe. Few other examples of the antique instrument are known to exist. Also recovered were the bones of about 100 drowned men. Scientists are studying them for clues about nutrition and disease in the Tudor...

Author: /time Magazine | Title: Science: Raising a Tudor Rose | 10/25/1982 | See Source »

Susan Morris '83 said yesterday that she realized she had lost $25 from her wallet after she noticed a hand reaching into the from pocket of her knapsack. The hand's owner then asked to borrow a pen, and left the lab soon after, she said...

Author: NO WRITER ATTRIBUTED | Title: Language Laboratory Robbery One of Several, Reports Say | 10/23/1982 | See Source »

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