Word: recoup
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Dates: during 1960-1969
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Last year in Texas, 44 paintings in the collection of Dallas Oilman Algur Hurtle Meadows turned out to be phonies. Most duped collectors are usually so sore in their pride that they say nothing or try to recoup quietly. Others, who have unwittingly donated forgeries to museums for big tax write-offs, discover that discretion is the better part of value. Not A. H. Meadows. After publicly calling himself "Mr. Sap," he pressed charges. Investigations led to the discovery of one of the most successful art swindles in modern history...
Unfortunately, the brochure epitomizes the unfolding fate of unguarded land in Vermont-and much of the U.S. as well. If Whitingham Developer Clifford Jarvis sells 300 lots, he will recoup his initial investment of $1.5 million. He has a lot to do-building those covered bridges, for example, and draining a pond now full of beaver ("We'll have to kill them"). When his work is finished, says Jarvis, "I personally have no intention of staying in Vermont...
...bottom of the 1969 market predict that stock prices will move sideways for a long time until there are solid indications that inflation is being brought under control. Such prospects may be faintly reassuring to the average investor, but they do not promise much chance for speculators to recoup their mid-1969 losses quickly...
...Trying to recoup some of their losses, left-wing Socialists start making overtures to the Communists again. They are led by Deputy Premier and Party General Secretary Francesco de Martino, a 62-year-old law professor who learned how to tack and test the winds as a yachtsman on the Bay of Naples. He sees to it that far-left factions slowly take control of the party machinery. This infuriates the ex-Social Democrats; their leader, Giuseppe Saragat, has been President of the Republic for four years and is presumably above politics. But others angrily threaten to bolt...
...interstate highway. But there is still Lake Bowl. Though Turner's restaurant was closed upon seizure, the alley is yielding a 6 1/2? profit to a special state trust fund for every line bowled. At that rate, it will take 7,451,-182 lines of bowling to recoup the loss -about ten lines each for every man, woman and child in Idaho, or almost 18 years of around-the-clock play...