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...Felix the Fixer done it again? No one can yet say for sure, not even Felix G. Rohatyn, the 46-year-old Austrian-born partner in the New York investment-banking firm of Lazard Frères & Co. But Rohatyn has at least got the machinery started for a complicated and inventive deal between Textron Inc. and Lockheed Aircraft Corp. that will add new luster to Lazard Frères' reputation as masters of the art of rescuing faltering corporate giants by arranging mergers, reorganizations or financial aid. Says one Rohatyn admirer in the treasurer's office...

Author: /time Magazine | Title: INVESTMENT: Felix the Fixer | 6/17/1974 | See Source »

...rather loaf than golf. To Manfred J. Sobek, 42, marketing vice president for Simmons International Ltd.(they make their bread from beds), this means a Sunday afternoon baking Viennese Strietzel, a kind of raisin bread. Sobek, who lives in Scarsdale, N.Y., also confects German Christmas bread, French bread, succulent Austrian tarts with buttercream and apple strudel. By 1951, when he first arrived in the U.S. from his native Germany, he explains, "I had this tremendous feeling of nostalgia. Holidays in Europe are accompanied by a grand flurry in the kitchen and the great aroma of baking...

Author: /time Magazine | Title: Modern Living: Taking to Baking | 6/10/1974 | See Source »

...carefully accounted for. To begin with, there are the women in N's life. First comes indolent Josephine cuckolding her warrior-husband while he is off subjugating the Mamelukes in Egypt. Then his Empress-the mother of his only acknowledged son-homesick Marie-Louise, who stuffs herself with Austrian chocolate and drinks coffee in clear violation of the Emperor's trade-war embargo. Napoleon's mother, Madame Mere, casts a practical Corsican eye on ephemeral pomp and circumstance, while prudently stuffing gold in her socks. And of course Talleyrand appears, ceaselessly tacking for advantage and trimming...

Author: /time Magazine | Title: Books: Grand Illusions | 5/27/1974 | See Source »

...longer an ordinary currency; it has become the de facto leader of a whole block of currencies issued by countries that make up an unofficial "Deutsche Mark zone." Include the Dutch guilder, the Belgian franc, the Luxembourg franc, the Danish, Swedish and Norwegian kroner, the Swiss franc and the Austrian schilling. They tend to rise and fall with the mark, so the mark's strength has pushed the value of the dollar down against all of them...

Author: /time Magazine | Title: MONEY: Setback for the Greenback | 5/13/1974 | See Source »

ILLICH HAS a fascinating background. Austrian by birth, he studied history, philosophy and theology in Rome, Salzburg and Vienna. He served as an assistant pastor in a Puerto Rican parish in New York City for five years and then as a monsignor and vice-rector of the Catholic University of Puerto Rico for another four years. He was dismissed from the latter post in 1960 after a controversy arose over his role in the island's birth control program. He then helped found the Intercultural Documentation Center in Cuernavace, Mexico, where he wrote Celebration of Awareness, Deschooling Society and Tools...

Author: By Travis P. Dungan, | Title: Hooked on Speed | 5/7/1974 | See Source »

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