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...native of South Dakota, Colvin, 37, majored in economics at Harvard. While still in school and just afterward, he worked as a disk jockey for classical- music radio stations. (He still puts his radio voice to good use, as a commentator on business for CBS Radio.) Colvin spent three years as a ghostwriter for CBS Inc. chairman William S. Paley's autobiography, As It Happened, before joining FORTUNE as a reporter. An editor there since 1984, he has worked on virtually every kind of story the magazine covers, though his primary responsibility is the Managing section...

Author: /time Magazine | Title: From The Publisher: May 27, 1991 | 5/27/1991 | See Source »

Before Heather takes a Celica for a test spin, her mother confides, "She would give her eyeteeth for this car." Afterward Toyota salesman Richard Misheikis tells mother and daughter that "there's not too much flexibility" in the $14,638 price. Figuring just a $6,000 trade-in allowance plus some options, the cost works...

Author: /time Magazine | Title: This Is So Cute! | 5/13/1991 | See Source »

...onslaught of Japan's strongest competitors? That depends on how well the Big Three learn the lessons of lean and efficient manufacturing that those competitors have to teach. Among them: treating workers like people rather than parts and catching defects before they occur rather than trying to fix them afterward...

Author: /time Magazine | Title: Detroit's Big Three Are Seeing Red | 5/13/1991 | See Source »

...baseball's Wizard of Whiff, so does Oakland A's left fielder Rickey Henderson as the Sultan of Swipe. How fitting that earlier on this same magical May Day, Henderson purloined third base against the New York Yankees to eclipse Lou Brock's career record of 938 stolen bases. Afterward Henderson crowed, "Today I'm the greatest of all time...

Author: /time Magazine | Title: Wizard Of Whiff, Sultan of Swipe | 5/13/1991 | See Source »

...founder of this enterprise was part storyteller, part flimflam man. Born in Nebraska in 1911, Hubbard served in the Navy during World War II and soon afterward complained to the Veterans Administration about his "suicidal inclinations" and his "seriously affected" mind. Nevertheless, Hubbard was a moderately successful writer of pulp science fiction. Years later, church brochures described him falsely as an "extensively decorated" World War II hero who was crippled and blinded in action, twice pronounced dead and miraculously cured through Scientology. Hubbard's "doctorate" from "Sequoia University" was a fake mail-order degree. In a 1984 case in which...

Author: /time Magazine | Title: The Thriving Cult of Greed and Power | 5/6/1991 | See Source »

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