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Examples
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Clipper's top holding as of June 30 was American Express Co., at 10.2% of assets.
Defying the Trend Daisy Maxey 2011
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Also among Clipper's top 10 holdings were Berkshire Hathaway Inc., at 7% of assets; Loews Corp., at 6.2% of assets; and Bank of New York Mellon Corp., at 4.6%.
Defying the Trend Daisy Maxey 2011
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Clipper's big stake in the financial sector is "a little illusory," because both Berkshire and Loews aren't solely in financial businesses, although they have large insurance operations, says Dan Culloton , associate director of fund analysis at Morningstar.
Defying the Trend Daisy Maxey 2011
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UTC rode to Clipper's rescue in December when it spent £126m buying a 49.5% stake in the loss-making company, which is listed on London's junior Aim market but generates most of its sales in the US.
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At the Cedar Rapids plant, Clipper's chief executive, Douglas Pertz, invokes national interest as a reason the government should help his firm.
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Clipper hasn't only created jobs over the past year, over half of Clipper's hires are military veterans of the conflicts in Afghanistan and Iraq.
Christina Erickson: Clean and Green: The New Voice of American Business 2009
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Out behind Clipper's plant, shrink-wrapped in plastic, the finished pieces of wind turbines are piling up as they wait to be picked up by buyers facing financial difficulty themselves.
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In 2007, Clipper's first full year of production, cracks developed on the blades of some turbines the company had installed, and the teeth on some turbines 'gears began to wear prematurely.
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In other words, could a crook, terrorist or someone just wanting privacy use Clipper's crypto without being identified?
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Under certain conditions, it was possible to get the benefits of Clipper's strong encryption -- without providing the backdoor keys to the government.
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