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The passage of the lands bill was widely believed to be the reason for Gravel's loss in the 1980 Democratic Senate primary to Clark Gruening, the grandson of Ernest. After his loss, Gravel tried to go back to being a businessman, at least for the first decade or so. He did some consulting. He had a stockbroker's license. There were dabblings in real estate. He had a condo business that went bankrupt; it was undercapitalized, he says, and there was a lawsuit.