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...legal arguments, sharply drawn in pretrial statements, are reminiscent of those heard in the Abscam cases. The lawyers for fallen Auto Magnate John Zachary De Lorean claim that he was a victim of entrapment when the FBI secretly filmed him fingering packets of cocaine in a Los Angeles hotel room nearly 17 months ago. The Government contends that its undercover sting was aimed at known drug smugglers and that De Lorean, to the astonishment of federal agents, walked right into the net. He is charged with conspiring to distribute $24 million worth of cocaine in a futile effort to raise...

Author: /time Magazine | Title: Red-Handed? | 3/19/1984 | See Source »

Pininfarina's styling has not been seen in an American auto since he designed the Ambassador and Healey models for the Nash Motor Co. in the early 1950s. His work is far more widely known to car buyers in Europe, where his firm regularly creates models for Fiat, Alfa Romeo and Peugeot. The Rolls-Royce Camargue (list price: $150,600) was designed by Pininfarina, who has also styled every Ferrari built since 1952. His 1946 Cisitalia coupe is the only car on permanent display in New York City's Museum of Modern Art. It was chosen...

Author: /time Magazine | Title: Flashy Wheels | 3/19/1984 | See Source »

...Writer's Beginnings is Welty's auto biographical account of her childhood and the years leading up to the publication of her first story. The book is based on material from the author's three presentations as speaker in the first annual William E. Massey lecture series at Harvard last April...

Author: NO WRITER ATTRIBUTED | Title: Harvard Press Gains First Bestseller | 3/14/1984 | See Source »

...clear-sighted in the face of political pressure. He opposes protectionist measures like the pending "domestic content" bill, supported by Mondale and organized labor, that would effectively require Japanese auto companies to manufacture cars in the U.S., creating jobs but raising prices...

Author: /time Magazine | Title: The Man Who Wears No Label | 3/12/1984 | See Source »

Lennox, 65, smoothed relations with the United Auto Workers, whom McCardell had infuriated during a six-month strike, and got them to accept a 29-month contract that saved the company $200 million. Lennox also consolidated many plant operations, concentrating manufacturing muscle on Harvester's most profitable products, especially trucks. Staff cuts lowered the worldwide work force to 32,455 at the end of 1983, from 65,640 two years earlier. Even office space at the company's Chicago headquarters was slashed from twelve floors to 7½, while the corporate staff withered to 600, from...

Author: /time Magazine | Title: On the Comeback Trail | 3/12/1984 | See Source »

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