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...great French storyteller Honore de Balzac could have written this tale of a Faustian bargain gone terribly wrong. In 1965 lawyer Andre-Francois Raffray agreed to "purchase" the house of an elderly client with $500-a-month installments, then a steep price--on condition that he would inherit the property outright the moment she died. Last week, 30 years older and $180,000 poorer, Raffray, 77, expired on Christmas Day. His client, Jeanne Calment, celebrated the holiday with a sumptuous hotel banquet in her hometown of Arles. "We all make bad deals in life," she joked to Raffray when...

Author: /time Magazine | Title: THE WEEK: DECEMBER 24 -30 | 1/8/1996 | See Source »

...Kerkorian during the Las Vegas billionaire's push to take over the company last spring. The suit seeks to force Iacocca to repay Chrysler for money and services received since shortly after his retirement, when they say he began meeting with Kerkorian, and cites Iacocca's "exorbitant" $42,000-a-month fee as a consultant to Kerkorian as proof that he gave away company secrets. Iacocca, who brought the company back from near bankruptcy in the early 1980's, was not available for comment on the suit...

Author: /time Magazine | Title: SPY-ACOCCA? | 12/5/1995 | See Source »

...public schools and at City College of New York, to which he commuted on cheap public transport. He graduated in geology in 1958 with a C average, but his real love was the Reserve Officer Training Corps, whose camaraderie and order intrigued him. That summer, as a $222.30-a-month lieutenant, he boarded a Greyhound bus bound for infantry school...

Author: /time Magazine | Title: THE CANDIDATE OF DREAMS | 3/13/1995 | See Source »

...suspected Crip affiliates, Horace (``Dink'') Slaughter, 29, brother of Book, and Larry (``Drak'') Neal, 29, both of whom weighed more than 260 lbs. The third was a petite, reddish-haired woman from Long Beach, California, named Renee Stephens. For the team's headquarters, Stephens rented a three-room, $250-a-month apartment in a white-frame triplex on Fulton Avenue in Birmingham's working-class, largely African-American West End. The trio soon blended in as law-abiding citizens...

Author: /time Magazine | Title: ENTREPRENEURS OF CRACK | 2/27/1995 | See Source »

...Monetary Fund team left Moscow without agreeing to a $12 billion emergency package to help cover its budget deficit and stabilize the ruble. The IMF money is still in the pipeline, but market jitters drove the ruble to a new record low against the dollar, ratcheting Russia's 18%-a-month inflation rate still higher...

Author: /time Magazine | Title: FROM BAD TO WORSE | 2/20/1995 | See Source »

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