I worked in places that allowed smoking indoors up until 2002 or 2003 or so. I remember how it changed - when I started working in 1985 , people just smoked at their desks. By 1994, there were designated indoor areas where smoking was allowed and by 2002 or 2003, no more indoor smoking. Of course, different workplaces banned smoking at different times - I remember that courthouses banned indoor smoking around 1990 while the local jails banned it somewhere around 2003. ( Those were two of the places I worked in those time periods)
American Family Publishers closed down in 1999 and Publishers Clearing House just this year closed down.
Well that’s news to me, because I enter their sweepstakes regularly, and I just entered last night. It’s possible that they stopped selling magazines this year, or stopped sending out their mailers, but they definitely still exist in some form.
They filed for bankruptcy on April 9th of this year:
https://www.newsnationnow.com/business/publishers-clearing-house-bankruptcy/
Fair enough. I did not know that, however filing for bankruptcy is not the same thing as closing down. Their website is still up and it’s still possible to enter their sweepstakes.
Publishers Clearing House pays the winners of its sweepstakes in payments for the rest of their life. It it goes bankrupt, that means that the people who buy the company have to do those payments. I suspect that what will happen to the people who won the sweepstakes in previous years will have to go to court saying that the new owners of of company owe them money for the rest of their life. I suspect that the new owners will say that they don’t owe the winners money and keep them in court filing cases for the rest of their lives.
Now that would would be quite the ending for a sitcom episode!
Replace that with “that the people who won the sweepstakes”.
Sort of like having a guaranteed pension from a Detroit automaker.
True, not the same thing at all.
IIRC they simply buy an annuity. BUt I could be wrong.
Backed by the Government. In theory.
If you mean by the city government of Detroit, that’s not very helpful. Or even the government of the state of Michigan is problematic.
The Feds- thru the Pension Benefit Guaranty Corporation (PBGC)