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...premium price set off speculation that the deal was as much a political as a financial bailout for Lance. Smith, a Republican, and his financial adviser, former Business Executive Henry Woodbridge of Pomfret, Conn., insisted that they conceived their plan to buy into a bank before they learned of Lance's problems. But Smith told TIME he had another purpose as well: "I wanted to contribute my little part to knocking out the hassle within the Government. Bert hadn't done anything wrong...

Author: /time Magazine | Title: THE ADMINISTRATION: Patting Bert On the Back | 8/8/1977 | See Source »

...tastemaking industrial designer, architect, artist and wholesale shaper of corporate images and buildings (IBM world's fair pavilions, Mobil's cylindrical gas pumps), whose abiding reverence was for pure functionalism and uncluttered, recognizable packaging ("Familiarity breeds acceptance," he once quipped); of a heart attack; in New Canaan, Conn...

Author: /time Magazine | Title: Milestones, Aug. 1, 1977 | 8/1/1977 | See Source »

Small wonder that Donald Toner of South Windsor, Conn., chose to ignore the three dunning letters addressed to his wife by the state's department of transportation. Carline Toner was killed last October when her car collided with a garbage truck, and now the state, having determined that she was to blame, was demanding $34.15 to cover the cost of cleaning up the highway. When her widowed husband failed to reply, the state filed suit against Mrs. Toner in Windsor's small claims court. With that Donald Toner asked Attorney James Throwe to fight the claim-and Throwe...

Author: /time Magazine | Title: The Nation: The Qualities of Mercy | 7/11/1977 | See Source »

Died. Walter Kennedy, 65, longtime (1963-75) commissioner of the National Basketball Association; of cancer; in Stamford, Conn. During his tenure, basketball became almost as popular as baseball and football, a competitive American Basketball Association was organized, and players became some of the highest-salaried...

Author: /time Magazine | Title: Milestones, Jul. 11, 1977 | 7/11/1977 | See Source »

...basis of the only two half-hour episodes that have been produced, it is difficult to see new cause for outrage in Soap-though certainly no harder than finding evidence of sophisticated adult farce. The plot revolves around two middle-aged sisters and their families in suburban Round Hill, Conn. Mary Campbell (Cathryn Damon) struggles to stay afloat in the middle class. Her husband (Richard Mulligan) is impotent; her younger son would like to be her daughter. "He's sick!" rages the husband. "So am I," says Mary. "He looks better in that dress than...

Author: /time Magazine | Title: Television: Is Prime Time Ready for Sex? | 7/11/1977 | See Source »

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