Word: victimization
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Dates: during 1970-1970
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Biggest Collapse. The second shattering event of 1970 was the biggest collapse in U.S. corporate history. On June 21 the Penn Central Transportation Co., owner of the nation's largest railroad, went bankrupt. The Penn Central had long been a victim of mismanagement and executive infighting, but it was pushed right off the tracks by its inability to refinance $152 million of its commercial paper. Such paper is a form of unsecured, short-term IOU. When money became difficult to borrow from banks, scores of corporations issued commercial paper to raise funds. Because such securities are usually bought...
...West legally responsible for Smith's death? Hardly. In the eyes of the law, the proper defendants in the killing were the victim's buddies−not only the wounded Daniels, but also Alvin Taylor, who, according to police, was sitting outside in the getaway...
Even before the victim of Canada's first political kidnaping was set free in Montreal last week, the new brand of terror had spread to Europe. In San Sebastian, a prospering seaport in northern Spain's Basque country, a gang of youthful urban guerrillas was waiting when Eugen Beihl, a West German businessman who doubles as Bonn's consul in the city, returned home from work. Beihl, 59, never made it into his house. Two days later, his Mercedes was found abandoned on a cart track leading into the Pyrenees and the French border...
...single motive for her crime. The plaints she registers against the cousin-housekeeper are that she was silent, efficient, clean, ate and slept well, and "was too fat for the house." This is rather like the killer in Poe's The Tell-Tale Heart, who murdered his victim because he could not stand his clouded blue eye. With power and wonder, both Poe and Duras show us that an act may be most distinctively human and lifelike precisely because it is logically motiveless...
...pounds Mark Faller overwhelmed Scott McClintlock, his rival in the quadrangular, 14-4. Harvard's Dave Scanlon, 190 pounds, pinned his Franklin and Marshall foe last year at 16 seconds of the second period. Tonight a rematch will occur with his victim, Fred Albrecht...