C David Donaldson

Like many Texas businessmen in 1985, Tom Lundberg was being squeezed by collapsing real estate prices. But he hit upon a novel solution: buying a New Mexico potash mine at a time when the potash industry was as bad off as Texas real estate. Peculiar as Lundberg's plan might have seemed, a clue to his intentions may have emerged at the closing of the potash mine sale on Dec. 31, 1985. He and his lawyer, John N.

Like many Texas businessmen in 1985, Tom Lundberg was being squeezed by collapsing real estate prices. But he hit upon a novel solution: buying a New Mexico potash mine at a time when the potash industry was as bad off as Texas real estate. Peculiar as Lundberg's plan might have seemed, a clue to his intentions may have emerged at the closing of the potash mine sale on Dec. 31, 1985. He and his lawyer, John N.