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Still in a tight financial squeeze, the company last week announced another round of layoffs at the Star and Tribune: 75 jobs, including 28 from the editorial department. Staff reactions were stunned and even bitter, but none were as dramatic as that of Editor Charles W. Bailey. He resigned in protest, abruptly and angrily...

Author: /time Magazine | Title: Press: Bitter Ending | 10/18/1982 | See Source »

...parting statement, Bailey, 53, a 32-year veteran of the Tribune and its editor since 1972, condemned the layoffs as "a very serious mistake" that "will have grave consequences." Bailey said the reductions would make it "difficult to maintain, let alone improve" the paper's quality. Bailey, who was to step down by year's end to return to the paper's Washington bureau as a senior national correspondent, then announced that under the changed circumstances it would be "unthinkable" to remain in any capacity. His departure, he said, was "the only way to meet my obligations...

Author: /time Magazine | Title: Press: Bitter Ending | 10/18/1982 | See Source »

Realist painting is now such an accepted fact of American art that one almost forgets how many of its best practitioners were once abstract painters, converted in midcareer. Philip Pearlstein, Sidney Tillim, Alfred Leslie, William Bailey: they all came, in one way or another, out of abstract expressionism, making the change not from opportunism-15 or 20 years ago, practically no collectors or museums were exempt from the tyranny of abstract art-but out of a sense of lost engagement with the physical world and a hunger to recomplicate the game. Yet the past leaves its genetic code...

Author: /time Magazine | Title: Art: Neil Welliver's Cold Light | 10/11/1982 | See Source »

...alleged theft, he said, "I was thirsty and could not find a tap. [The wine] was in a cupboard. I was just waiting to be captured." As courtroom explanations go, they were certainly imaginative. But they were enough to convince a jury at London's Old Bailey that Michael Fagan, 34, had not acted criminally. After deliberating for only 14 minutes, the jury found the unemployed laborer not guilty of burglarizing Buckingham Palace last June 7, when he drank half of a $5.40 bottle of Riesling belonging to Prince Charles...

Author: /time Magazine | Title: Britain: No Trespassing | 10/4/1982 | See Source »

Rostenkowski's most spectacular move was a deal he cut with Don Bailey, a Democrat from the steelworking region of southwestern Pennsylvania. The way the tax bill was written, some depressed industries that installed new equipment before the end of 1982 could sell their deductions under the safe harbor leasing provisions. For the steel industry, however, the deadline had to be extended for there to be any benefits. Bailey told Rostenkowski: "These things have to be changed." But Bailey did not make his request until 10:30 Tuesday night, 90 minutes before the conference committee report on the bill...

Author: /time Magazine | Title: Scoring on a Reverse | 8/30/1982 | See Source »

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