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...Carl Icahn, Wilde's words may be painfully true. When Icahn learned last August that he had won his bitter battle to take over Trans World Airlines, the New York financier and renowned corporate raider put on a pilot's cap and jacket and pranced around his office. "We've got ourselves an airline," he exulted...

Author: /time Magazine | Title: Corporate Raider on the Ropes | 6/21/2005 | See Source »

Head on from the wave tops, it rises like a sleek steel Adonis, shoulders swelling massively from a taut waist. From high above, the jutting contours of its deck map the outlines of a miniature continent. The newest of America's 14 aircraft carriers, the 1,092-ft-long Carl Vinson, is the most powerful and expensive conventional weapon of war ever built. It is a symbol of the Reagan Administration's new globalism, in which the 19th century notion of gunboat diplomacy has been transformed into one of aircraft-carrier diplomacy. It is the pre-eminent weapon...

Author: /time Magazine | Title: Are America's Supercarriers the Weapon of the Future or a Throwback? | 6/21/2005 | See Source »

...sales: $19.2 billion), the threat was only the latest in a series of battles. Amid a lengthy steel strike, its first since 1959, and menaced for weeks by speculative stock buying and takeover rumors, the company headed by Chairman David Roderick, 62, faced an $8 billion buyout offer from Carl Icahn, 50, chairman of Trans World Airlines. At week's end it was unclear whether Icahn sought control of USX or merely wanted to pocket a hefty profit for his efforts...

Author: /time Magazine | Title: Takeover Tugs-of-War | 6/21/2005 | See Source »

...never heard of the visitor who stood on the porch of his North Carolina farm, but Carl Sandburg could sure spot a comer. "You look like you are ready for anything," the old poet said. "I would like to ask you about 40 good questions...

Author: /time Magazine | Title: Books: The Postman Rings Forever | 6/21/2005 | See Source »

...record albums, answered about 40,000 questions from a growing legion of fans and skeptical press, and was reinventing American music. "You certainly look like an intense young man," Sandburg observed, a nice bit of folksy lowballing considering that Dylan, back then, burned like Blake's tiger. Bob gave Carl a copy of The Times They Are a-Changin 'and headed off down the road...

Author: /time Magazine | Title: Books: The Postman Rings Forever | 6/21/2005 | See Source »

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