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These railroads were worth more alive than dead, so inventive people figured out ways to reorganize them rather than shut them down. "The investment banks and lawyers and managers would negotiate a deal and get the courts to bless it," says David Skeel, a law professor at the University of Pennsylvania and author of Debt's Dominion: A History of Bankruptcy Law in America. "It was a very flexible reorganization process." It was also a uniquely American answer to business failure. The private sector took the lead. Reinvention--and rebirth--was the goal. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Don't Call It Bankruptcy | 11/20/2008 | See Source »

Starring for the Navy team were Cummings at 2nd, Kelly at 3rd, Arbeznik at 1st, and Neal the pitcher, Skeel at the plate, Beardsley at 1st and Burgin the pitcher were particularly effective in the field for the All Stars...

Author: By Robert FREEDMAN G.b., | Title: BUSY SCHOOL SWAMPS NAVY | 10/9/1942 | See Source »

Those chosen were: Herbert Hoskins of Wesleyan University, Douglas Sandow of the University of Rochester, Thomas Skeel of Amherst, James Fogelman of Dartmouth, Burt Lund of the University of Minnesota, George Tabor of UCLA, and Lewis Sandler '42, of Harvard...

Author: NO WRITER ATTRIBUTED | Title: House Football Coaches Chosen | 9/16/1942 | See Source »

Senior Tom Skeel and junior Frank Thomas have been drafted to fill the center spot in place of the three graduating lettermen at that position. At the open tackle spot junior Jack Heald is filling in nicely, while Bob Johnson, another junior, and sophomore Bud Hasse performed mostly at the vacant end position Saturday...

Author: By Fred STAFFORD Sports editor and The AMHERST Student, S | Title: RAW AMHERST TEAM HOPEFUL OF REPEAT OF '03 TRIUMPH | 10/2/1940 | See Source »

Psychologist Skeel's conclusion: more than anything else, for mental growth children need "adult affection and stimulation," no matter from whom it comes...

Author: /time Magazine | Title: Medicine: Feeble-minded Love | 5/15/1939 | See Source »

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