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Whatever real-world parallels the playwrights may have had in mind for this shrewd, calculatedly savage entrepreneur, Le Roux has a life of his own, and on the grand scale. In Anthony Hopkins' brilliant, buoyant realization, he is a comic creation as monstrously beguiling as Tartuffe. He shares with Moliere's sham holy man the gift of ever renewed plausibility. Time and again, just as the audience is ready to withdraw its sympathy in disgust, Le Roux exposes the hypocrisies of opponents so tellingly that he becomes persuasive anew. When outraged employees confront him, his retort is blunt and seemingly...

Author: /time Magazine | Title: Theater: Savaging the Foundry of Lies Pravda | 6/10/1985 | See Source »

...most buoyant parts of the economy is the housing industry, which is benefiting from a decline in mortgage rates. Surveys by the Shearson Lehman Brothers investment firm show that the average interest charge on a fixed-rate mortgage for 25 years or more has dipped from 14.5% to 12.7% since August. During that time, the rate of housing starts has jumped 19% to its highest level in a year. The upswing in homebuilding will ripple through the economy, generating sales for companies that make products as diverse as lamps, linoleum and refrigerators...

Author: /time Magazine | Title: Waking Up From a Slump | 6/3/1985 | See Source »

Italy's powerful Communist Party went into last week's local and regional elections in a buoyant mood. After all, in last year's balloting for Italian candidates for the European Parliament, the Communists had outpolled the country's largest party, the Christian Democrats, by 34.5% to 33%. It was the first time the Italian Communists had come in first in a nationwide vote. Before last week's elections, however, Socialist Prime Minister Benedetto ("Bettino") Craxi, who heads the five-party governing coalition, threatened to resign if the Communists again emerged as the leading party. The outcome was in doubt...

Author: /time Magazine | Title: Elections Red Check: Italy Rejects the Communists | 5/27/1985 | See Source »

...This was the most buoyant furniture sale I've had in 20 years," says Christopher Hawkins, Phillips' managing director. "This has been my busiest month ever," says Rodd McLennan, an antiques dealer in Chelsea. "Mostly because Americans were buying furniture, always furniture: Regency, Biedermeier and English country house." Despite the price hikes, bargains can be found. One American woman talks gleefully of finding some Victorian pressed glass for almost nothing. "We are in pig heaven," she says. "This is play money buying treasures...

Author: /time Magazine | Title: Living: The Traveling Dollar | 4/22/1985 | See Source »

Though an extended flight from the dollar would rekindle U.S. inflation and cause chaos in world money markets, Washington has so far shown little concern. Indeed, Reagan was in a buoyant mood Thursday when he clanged the opening bell for trading at the New York Stock Exchange. He was the first American President to visit the exchange while in office. "We are not worried about what the dollar has done," said one Administration official. "There are limits to how far it can fall...

Author: /time Magazine | Title: Pressure From Abroad | 4/8/1985 | See Source »

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