Word: reno
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Dates: during 1970-1979
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...Reno courtroom last week, U.S. District Court Judge Bruce R. Thompson left absolutely no doubt about his low opinion of the Government's case. "The worst criminal pleading I've ever encountered," he snapped. With that, Thompson dismissed charges of stock manipulation, conspiracy, wire fraud and other offenses brought against Billionaire Howard Hughes and four co-defendants for their part in a successful effort from June 1968 to April 1970 to acquire the foundering Air West airline (now Hughes Air West). Thompson, regarded as a tough but fair-minded judge, found no clear criminal activity in the indictment...
Died. Errett Lobban Cord, 79, who built the streamlined, low-slung, coffin-nosed Cord automobile of the 1930s; of a heart attack; in Reno. After selling cars in Chicago, Cord became president of the failing Auburn Automobile...
...Reno...
...astonishingly poor business ventures for such a sophisticated union. Recently, a $7,000,000 Teamster loan to a New Mexican toy manufacturer was lost when the company went out of business. A similar fate has befallen Teamster loans to a Las Vegas ice-skating rink, to a hotel in Reno, to a truck stop in Dearborn, Mich., to a real estate development in the Santa Monica mountains in California...
...Reno...