Word: bankrupted
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Dates: during 1940-1949
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...bunch of the boys (155 Kansas City business & professional men) were giving a testimonial luncheon last week for an old friend of the President. Eddie Jacobson was a World War I buddy of Artilleryman Harry Truman and Truman's partner in the Kansas City haberdashery that went bankrupt after the war. President Truman, who "was spending the holidays in Missouri, had been asked to send a telegram to Eddie, but instead he dropped in unexpectedly at the Muehlebach Hotel for lunch. His old friends were delighted...
...making radio transformers 25 years ago in his father's Chicago shop. He developed an improved kind of transformer, and built his Transformer Corp. of America into the largest company of its kind in the world. Five years after refusing $5,000,000 for the business, he went bankrupt in the depression...
...Grease the Guillotine." He found Germany bankrupt, its economy collapsing. One night in Berlin he heard a Communist mob marching under his window singing: "Grease the guillotine with the fat of tyrants . . . Blood must flow." It seemed, to him that Western civilization was dying...
When Art Valpey arrived in Cambridge last February, most of the self-styled experts felt sorry for this bright young man. He was supposed to be inheriting a bankrupt franchise on the Charles, where prestige was non-existent and morale appallingly low. The experts set up a sympathetic wailing for the innocent victim who was walking into a hornets' nest of powerful Ivy League squads that would decimate his team and rend his players limb from limb...
...there nothing, then, the U.S. could do? The hard truth was that the U.S. position in China was almost bankrupt. The New York Times reported: "Military Aid for China Is Sent in Navy Vessels." EGA officials did their best to step up shipping schedules, get cargoes of rice into Shanghai, whose authorities were harassed by food riots. But it was too late for such slight and tardy assurances of friendship and aid to have much practical or spiritual effect...