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...Force; the Pentagon eventually let it escape with a $200 million loss. Almost immediately, Lockheed's effort to build the L-1011 TriStar nearly crashed before the jumbo jet ever got off the ground when Rolls-Royce, builder of the plane's engines, went bust, eventually saddling Lockheed with $190 million in unplanned expenses. That time it took an act of Congress (approval of an unprecedented Government guarantee for $250 million in loans) to save Lockheed...

Author: /time Magazine | Title: CORPORATIONS: Star-Crossed Lockheed | 12/31/1973 | See Source »

Thus far, though, the new venture has been an almost total bust. After five issues, New Times is still sputtering away aimlessly with no clear idea of how to use its vast potential. Its articles are short, ill-conceived and often prey to the worst excesses of the New Journalism's self-indulgent impressionism. As one reader wrote in the letters column several issues back, "I just finished issue no. 2 of New Times and I feel like I've been eating the centers of several Hostess Twinkies. Who needs...

Author: By Dan Swanson, | Title: New Times: Journalists in Bars | 12/10/1973 | See Source »

...Well," said Truman, "Marshall wrote him back a letter the like of which I never did see. He said that if Eisenhower even came close to doing such a thing, he'd not only bust him out of the Army, he'd see to it that never for the rest of his life would he be able to draw a peaceful breath...

Author: /time Magazine | Title: HISTORICAL NOTES: Giving Them More Hell | 12/3/1973 | See Source »

When the rare brutal cop knocks in a son or daughter's (or one's own) teeth after a minor pot bust, if the press has been forced down the drain, then that cop will be around to knock out some more teeth...

Author: By Les Whitten, | Title: Ominous Parallels for a Free Press | 11/27/1973 | See Source »

...Falk is noticeably more even-tempered. "Nothing really touches his equanimity," says Lee Grant. "You could explode a bomb next to him, and he would just look at it with extreme interest." His wife describes him as "a man of long indecisions," and Falk agrees. "I don't bust into or out of anything. I get down on my hands and knees and crawl very slowly. It took me nine years to get married, ten to decide to become an actor...

Author: /time Magazine | Title: A Cop (And A Raincoat) For All Seasons | 11/26/1973 | See Source »

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