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...four other companies, he passed confidential information to Harris on Anheuser- Busch's $560 million acquisition of Campbell Taggart, a Dallas food conglomerate. Thayer also allegedly tipped Harris to two other merger deals. The inside dope netted $1.9 million in illegal profits for Harris along with Thayer's onetime companion Sandra Ryno, a former receptionist at LTV, and six other Thayer friends. Ryno gave the Government incriminating information against her friends and was not charged. Although prosecutors will recommend leniency, Thayer and Harris could face a maximum five-year prison sentence...

Author: /time Magazine | Title: Crime: Thayer Admits a Stock Swindle | 3/18/1985 | See Source »

Allen is already at work on his next movie, a "serious comedy" called Hannah and Her Sisters, starring himself and Farrow, his companion of four years. Having made 13 films in the past 15 years, he likes being busy. His directorial model is not the legendary raging egomaniac but the quiet craftsman who prides himself on his productivity. "I don't want to get into that commercial film cycle that says that every time a film comes out it has to be hailed as an event," he says. "All the foreign filmmakers I loved, including Bergman, just turned out their...

Author: /time Magazine | Title: Cinema: Now Playing At the Jewel the Purple Rose of Cairo | 3/4/1985 | See Source »

Clancy's book differs from the usual commercial publishing success in a number of ways. First, it was brought out not by Simon & Schuster or Random House but by the Naval Institute Press (N.I.P.) of Annapolis, an academic publisher specializing in works like The Mariner's Pocket Companion and Dictionary of Naval Abbreviations. Second, the author is not an experienced novelist but a Maryland insurance broker who wrote his tale of high-tech undersea warfare without having served a single day in the Navy, much less aboard a submarine...

Author: /time Magazine | Title: Books: One of Their Subs Is Missing | 3/4/1985 | See Source »

...closing scene of Act I leaves the seductive on the chopping block, but the audience is lost to self-congratulation. "We're not all here," one particularly groomed young man confided to a companion while stumbling up the side at intermission. "We made it through the first act which"-- punning in spite of himself?--"is better than last year." Observers, noting the queasy rush toward the bathrooms, doubtless agreed. But the lure of the magnums proved difficult to resist; although the lights dimmed and then flicked frantically, hundreds of champagne-soaked feet remained planted firmly in the crowded lobby...

Author: By Holly A. Idelson, | Title: Taking in a Show--Or Two | 2/20/1985 | See Source »

Such impasses are common in these stories, the residue of cross purposes and overstrained racial tolerances. In Dead Reckoning, a woman sets out on a sailboat with a new boyfriend. When they reach Nevis, she thrills to "my first true touch of paradise." Before long, her companion is locked in a battle of wills with a black beggar boy, who redoubles his efforts every time he is rebuffed. Soon the visitors are made to feel unwelcome, the woman especially so; she decides to abandon both the island and her partner. Her decision reminds her of an earlier tale...

Author: /time Magazine | Title: Books: Paradise Lost Easy in the Islands | 2/18/1985 | See Source »

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