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...refused to license its name to sell discount luggage a la Pierre Cardin or mass-produced hosiery a la Christian Dior. But what really makes Hermes different is its stubborn adherence to century-old manufacturing techniques. "Hermes is an anachronism," says Gene Pressman, executive vice president of Barney's, the upscale clothing chain. "It's about quality that's made to last...

Author: /time Magazine | Title: As Luxe As It Gets | 8/6/1990 | See Source »

...House of Representatives was also grappling with vexing ethics charges against one of its members. After a 10-month investigation, the 12-member ethics committee unanimously recommended that Massachusetts Democrat Barney Frank be given a "reprimand" by the full House for his help to a male prostitute, Steve Gobie. The committee had been deadlocked for weeks, as Democrats argued for issuing only a mild letter of "reproval" to Frank while Republicans demanded a more severe punishment. The committee asked the House to scold Frank for fixing parking tickets that Gobie had picked up while driving the Congressman...

Author: /time Magazine | Title: . . . And Frank's | 7/30/1990 | See Source »

...eager executives flock to the region, such grand hotels as the Budapest Forum and the new Warsaw Marriott buzz with high-stakes deals. "Learning how to invest profitably in Eastern Europe is the hot new game of the 1990s," says Paul Horne, chief international economist for Smith Barney...

Author: /time Magazine | Title: New Kids on the Bloc | 7/2/1990 | See Source »

...because America remains Hollywood's largest single market, studios spend prodigiously to promote their films at home. Marketing expenses can equal the cost of producing a picture. Says Mara Balsbaugh, an industry analyst for Smith Barney: "It used to cost $5 million to $6 million to open a movie. Now it costs $15 million." To make a big splash, a major film might open on as many as 2,100 screens. The prints alone, at $2,000 apiece, would cost $4.2 million...

Author: /time Magazine | Title: Shooting The Works Lights! Camera! Money! | 5/21/1990 | See Source »

...conference at Harvard this year on free speech and hate crimes, Rep. Barney Frank '67 (D-Mass) asserted that "hateful people have a right to be hateful." Under the First Amendment, the use of words such as "chink," "nigger" and "faggot"--however hateful we may find it--is protected, as it should...

Author: NO WRITER ATTRIBUTED | Title: BGLSA Responds to Kirkland House Incident | 4/28/1990 | See Source »

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