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...Paulo, 660 miles away. Saddled with more than $80 billion in foreign debt, Brazil currently imports 750,000 bbl. a day of crude oil, at a cost of more than $27 million a day. Eventually, the mammoth dam could be the equivalent of a 600,000-bbl.-a-year oil well...

Author: /time Magazine | Title: Megawatt Monolith | 11/15/1982 | See Source »

...disgrace was seen by federal law-enforcement officials as symptomatic of the pervasive lure of illegal drugs as a source of illicit riches. "This shows the incredible ability of drugs to corrupt," claimed one Justice Department official. "You're not surprised to find occasional corruption of a $40,000-a-year FBI agent," he added, "but you don't expect it to reach into the ranks of an $850,000-a-year auto executive. It makes you wonder how many other companies have been saved this...

Author: /time Magazine | Title: The Bottom Line... Busted | 11/1/1982 | See Source »

...reason for this accusation of collusion lies in the fact that two of Kenyatta's friends were given city jobs by Rizzo. Wycliffe Jangdharrie was appointed to a $19,500-a-year patronage job and Wilmer B. Woodland became a $21,500-a-year special assistant to a gang control program. Personnel records on Woodland are not available, but Jangdharrie was appointed just two months before Kenyatta decided to run for mayor and terminated within a year of the primary. Kenyatta says Woodland was appointed at the beginning of Rizzo's term and adds that Jangdharrie counseled him against running...

Author: By Michael F. P. dorning, | Title: In the Minority | 11/1/1982 | See Source »

...Foreign Minister when the Argentines invaded the Falklands, and Robert O. Anderson, 65, retired chairman of Atlantic Richfield. The firm's services: strategic planning and advice on international-business decision making for about 20 large long-term corporate customers willing to pay the reported $250,000-a-year retainer...

Author: /time Magazine | Title: People: Sep. 6, 1982 | 9/6/1982 | See Source »

...younger generation knows that $9,287 will not buy many tickets to a Fleetwood Mac concert, but the S.M.A.P. remembers when $10,000 was generally accepted as the unofficial frontier to wealth. To be "a $10,000-a-year man" was synonymous with membership in the upper middle class. That was what the S.M.A.P.'S father had earned as a professor at Harvard, and when the S.M.A.P. was young he considered it the height of vaulting ambition to earn as much. Some day, when he too made $10,000 a year, he would be able to consider himself...

Author: /time Magazine | Title: Essay: Nothing Is What It Used to Be | 8/16/1982 | See Source »

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