On the NASDAQ the identifying fifth letter " Q " at the end of a stock symbol indicates the company is in bankruptcy ( formerly the " Q " was placed in front of the pre-existing stock symbol ; a celebrated example was Penn Central, whose symbol was originally " PC " and became " QPC " after the company filed Chapter 11 in 1970 ).

8½ inspired among others: Mickey One ( Arthur Penn, 1965 ), Alex in Wonderland ( Paul Mazursky, 1970 ), Beware of a Holy Whore ( Rainer Werner Fassbinder, 1971 ), Day for Night ( François Truffaut, 1973 ), All That Jazz ( Bob Fosse, 1979 ), Stardust Memories ( Woody Allen, 1980 ), Sogni d ' oro ( Nanni Moretti, 1981 ), Parad Planet ( Vadim Abdrashitov, 1984 ), La Pelicula del rey ( Carlos Sorin, 1986 ), Living in Oblivion ( Tom DiCillo, 1995 ), 8½ Women ( Peter Greenaway, 1999 ), Falling Down ( Joel Schumacher, 1993 ), along with the successful Broadway musical, Nine ( Maury Yeston and Arthur Kopit, 1982 ).

* 1970 – Penn Central declares Section 77 bankruptcy, largest ever US corporate bankruptcy up to this date.

In 1970 the Penn Central Railroad had collapsed in what was then the largest bankruptcy in history, resulting in a huge taxpayer bailout in 1976.

The Railroad Revitalization and Regulatory Reform Act of 1976, often called the " 4R Act ," is a United States federal law that established the basic outlines of regulatory reform in the railroad industry and provided transitional operating funds following the 1970 bankruptcy of Penn Central Transportation Company.

Following the massive bankruptcy of the Penn Central in 1970, Congress created Amtrak to take over the failed company's intercity passenger train service, under the Rail Passenger Service Act.

After starting out as an assistant director on films by Arthur Penn and Otto Preminger, John Avildsen received his first success with the low budget feature Joe ( 1970 ) which received critical acclaim for star Peter Boyle and moderate box office business.

Meanwhile, in 1970, the former Anthracite Council ( Hazleton ) merged with the former Wyoming Valley Council ( Wilkes-Barre ) to form the Penn Mountains Council.

1970 also saw the merger of Blair-Bedford Area Council ( Altoona ), William Penn Council ( Indiana, PA ) and Admiral Robert E. Peary Council ( Johnstown, Pennsylvania ) into the current Penns Woods Council in Ebensburg.

The core group from Penn was joined in 1970 by students from other area colleges which, working together, organized scores of educational activities, scientific symposia and major mass media events in the Delaware Valley Region in and around Philadelphia.

William Penn Patrick, owner of Leadership Dynamics, invested in Mind Dynamics in 1970.

* June 21, 1970: Penn Central declares Chapter 7 bankruptcy.

A series of events including inflation, poor management, abnormally harsh weather and the withdrawal of a government-guaranteed $ 200-million operating loan forced the Penn Central to file for bankruptcy protection on June 21, 1970.

A series of events including inflation, poor management, abnormally-harsh weather conditions and the withdrawal of a government-guaranteed 200-million-dollar operating loan forced the Penn Central to file for bankruptcy protection on June 21, 1970.

Another financial crisis for the firm occurred in 1970, when the Penn Central Transportation Company went bankrupt with over $ 80 million in commercial paper outstanding, most of it issued by Goldman Sachs.

Nevertheless, on June 21, 1970 Penn Central declared bankruptcy, the largest private bankruptcy in the United States to that time.

Penn Central was bankrupt by 1970 and the New Haven corporate entity remained in existence throughout the 1970s as the Trustee of the Estate pursued just payment from Penn Central for the New Haven's assets.

However, the underlying financial weakness of both former railroads, combined with the fact that the ICC forced the chronically weak New Haven Railroad into the system, doomed the Penn Central, and bankruptcy was declared shortly a little over 2 years later, on June 21, 1970.

In doing so, however, it drew increasing criticism — notably, by name from Senator William Fulbright — and became increasingly marginalized from academia ; it became independent of Penn in 1970.

At the insistence of the ICC the New York, New Haven and Hartford Railroad was added to the merger in 1969 ; in 1970 the Penn Central declared bankruptcy, the largest bankruptcy in U. S. history until then.

In 1970 Congress created a government corporation, Amtrak, to take over operation of Penn Central passenger lines and selected inter-city passenger services from other private railroads, under the Rail Passenger Service Act.

Little Big Man is a 1970 American Western film directed by Arthur Penn and based on the 1964 comic novel by Thomas Berger.

With the completion of the merger in 1970, the Cleveland Browns were moved to the AFL-based American Football Conference and placed in the AFC Central, the same division as the Bengals.

Although it was not legally recognized until 1982, the CGT was originally formed in 1970 by the Christian Democrats and received external support from the World Confederation of Labour ( WCL ) and the Latin American Workers Central ( Central Latinoamericana de Trabajadores — CLAT ), a regional organization supported by Christian Democratic parties.

* On December 4, 1970, the twisted nematic field effect in liquid crystals was filed for patent by Hoffmann-LaRoche in Switzerland, ( Swiss patent No. 532 261 ) with Wolfgang Helfrich and Martin Schadt ( then working for the Central Research Laboratories ) listed as inventors.

Both protests were upheld by the Central American Court of Justice in rulings that were not recognized by either Nicaragua or the U. S. Both nations repealed the Bryan-Chamorro Treaty on 14 July 1970.

They have done so in every decade since the 1970 breakup, most famously for 1981's " The Concert in Central Park ", which attracted more than 500, 000 people, making it the 7th-most attended concert in the history of music.

North Seattle Community College and South Seattle Community College opened their doors in 1970, whereupon Seattle Community College was renamed Seattle Central Community College.

Christopher Street Liberation Day on June 28, 1970 marked the first anniversary of the Stonewall riots with an assembly on Christopher Street and the first Gay Pride march in U. S. history, covering the 51 blocks to Central Park.

Her work in the Union spurred her interest in politics, and in 1970 she obtained a post as a lawyer in the Central Organisation of Finnish Trade Unions, being the first female ever to work as a lawyer in the Union.

In early 1970 she was elected to represent Central Organisation of Finnish Trade Unions in a committee that called for the recognition of the German Democratic Republic.

Not to be outdone, the rival Daily Mirror sponsored in 1970 the London-Mexico World Cup Rally, linking the stadia of two successive football World Cups, on a route that crossed Europe to Bulgaria and back before shipping out from Lisbon to Rio de Janeiro, after looping around South America, and a run through some of the most frightening sections of Peru's road race, the Camino de los Incas, they wrap it up being shipped to Panama and a final run up Central America.

According to several sources, Salameh served as a secret contact between the Palestine Liberation Organisation ( PLO ) and the Central Intelligence Agency ( CIA ) from 1970 until his death, guaranteeing not to assassinate US citizens in exchange for financial and political support.

* 1970: new name: Central School of Lyon and first class of over 100 engineering students.

Mesa: Central, 1970.

* David Petraeus, four-star general, graduated from Cornwall Central High School in 1970.

By 1970 Killeen had developed into a city of 35, 507 inhabitants and had added a municipal airport, a new municipal library, and a junior college ( Central Texas College ).

Drumright is also home to an area vocational and technical school, Central Technology Center, that opened August 22, 1970 and is a large employer.

According to the Soviet census statistics from 1970 to 1989, the Dungan maintained the use of their ethnic language much more successfully than other minority ethnic groups in Central Asia ; however, in the post-Soviet period, the proportion of Dungans speaking the Dungan language as their mother tongue appears to have fallen sharply.

Since 1970, MSU has been the headquarters of the ROTC " Bear Battalion " in partnership with six other Springfield-area colleges ( Evangel University, College of the Ozarks, Southwest Baptist University, Drury University, Baptist Bible College and Central Bible College ).

Racial-demographic map of South Africa published by the Central Intelligence Agency | CIA in 1979 with data from the 1970 South African census