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...boardroom saga began last month with a bid of some $1.5 billion by Bendix's ambitious chairman, William Agee, 44, to buy Martin Marietta and thereby acquire that firm's prestigious and profitable defense business. Stung by Agee's move, Marietta President Thomas Pownall, 60, launched a counteroffer of about $1.5 billion to buy Bendix instead. In addition, he persuaded United Technologies' chairman, Harry Gray, 62, who over the years had built his company into a $14 billion conglomerate with a string of successful takeover raids, to make a parallel bid for Bendix...

Author: /time Magazine | Title: Merger Theater of the Absurd | 10/4/1982 | See Source »

...Bohm takes her on a date to church-such are the idealist's hopes for a spiritually healthy postwar Germany-and falls in love with her. The Blue Angel trajectory is established: Von Bohm must discover, understand, compromise, surrender. Fassbinder has lighted this ordinary nightmare as if every boardroom, bedroom and bathroom were on the top floor of the worst little whorehouse in Bavaria: neon pinks and oranges in the toilets, navy blue seats against a sick-yellow wall, clashing as grotesquely as the local big shots do against the righteous Von Bohm. Their avarice is petty bourgeois...

Author: /time Magazine | Title: Cinema: Master Without Masterpieces Andres Segovia: 1893-1987 | 9/27/1982 | See Source »

...surface, at least, Fraser seems unchanged by the regular meetings he attends in the Chrysler boardroom. Unlike other directors, he does not accept the loan of two free Chrysler cars. Last month he lashed out at "corporate America and the captains of the auto industry specifically" for continuing to support the Reagan Administration's economic program. In an effort to create jobs for union members, he is leading a congressional lobbying effort for a bill that would force the two largest Japanese auto manufacturers, Toyota and Nissan, to build cars...

Author: /time Magazine | Title: Labor's Downbeat Labor Day | 9/13/1982 | See Source »

...massive or petite, but it is always graceful. The face, stripped of its old layers of makeup, looks more natural. The frame, deprived of some adipose tissue, looks more sinuous. It is a body made for motion: for long, purposeful strides across the backcourt, through the mall, into the boardroom. It is a body that speaks assurance, in itself and in the woman who, through will power and muscle power, has created it. It is not yet, and may never be, for everybody, but for many men this feminine physical assurance can be galvanizing; there can be an allure...

Author: /time Magazine | Title: The New Ideal Of Beauty | 8/30/1982 | See Source »

...game grows handsomely solemn when the Nobel Prize committee files into the mental boardroom. Literature degenerates into a responsibility. The Nobel Prize for Literature has of ten been set aside for the writer of greatest geopolitical obscurity (Yugoslavia's Ivo Andric, 1961). But the prize need not be a disgrace: a writer can rise above it. Saul Bellow (Nobel, 1976) has managed. Isaac Bashevis Singer (1978) has done what the greatest and liveliest usually do: he has made a world, a lost, magic place fall of God and demons and strange, tumbling life...

Author: /time Magazine | Title: Essay: We Need More Writers We'd Miss | 7/26/1982 | See Source »

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