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Stacy, a popular, outgoing young woman who worked as a secretary for a shoe firm in the Empire State Building, was Son of Sam's sixth murder victim. Robert, a polite, conservatively dressed fellow who had just applied for a construction job with Con Ed, was the seventh person to survive bullet wounds in the killer's yearlong series of attacks...

Author: /time Magazine | Title: CRIME: The Man Hunt For Son of Sam Goes On | 8/15/1977 | See Source »

...Federal Power Commission verbally electrocuted Con Edison last week for its failure to prevent the New York blackout of July 13 and to get the lights back on again quickly. In an interim report on the causes of the blackout, ordered by President Carter, the FPC accused Con Ed of "inability to provide reliable service." There were "obvious flaws" in the utility's system to begin with, said the agency. "The design of the transmission network and the protective devices designed to protect the system were inadequate." Then, said the FPC, when lightning bolts struck the system, Con...

Author: /time Magazine | Title: POWER: Electrocuting Con Edison | 8/15/1977 | See Source »

...bill was objectionable to all three opposition parties, since they have large municipal followings in some areas, and the unlikely trio teamed up to kill it. The setback was the first sign of parliamentary cooperation between the P.S.D. and the C.D.S. following the creation of a so-called con-vergencia democrdtica, in which the two parties, though shying away from forming a unified voting bloc, agreed to work together when possible. What irked the opposition, said Amaro da Costa, was the Socialists' frequent failure to keep it informed. "Everything was arranged in the corridors. The Premier would...

Author: /time Magazine | Title: PORTUGAL: Scares' Shaky Political Seesaw | 8/8/1977 | See Source »

Biographer Benkovitz suggests that he would have been a soiled priest in any event. As Rolfe said throughout his life, he found "the Faith comfortable and the Faithful intolerable." That he survived at all seems due to his unearthly genius as a con man. Writing from Italy, he styled himself the Rev. Rolfe; in England, he was Baron Corvo, grandson of an Italian countess. He continually sold his talent to benefactors, pledging pictures and books that rarely materialized...

Author: /time Magazine | Title: Books: Soiled Priest | 8/8/1977 | See Source »

...since then Con Ed's situation has brightened considerably. The company now operates on a comfortable profit margin, thanks to $678 million in rate increases won in the past 2% years. (Con Ed's electricity rate, now 10.10 per kilowatt-hour, has doubled since 1972 and is 17% above the national average.) More important, the $600 million brought in by sale of the two generating plants eliminated the need to borrow for improvements for some time. The $1 billion or so that the company plans to spend on new plant and equipment over the next three years will...

Author: /time Magazine | Title: UTILITIES: Catharsis Time Again at Con Ed | 7/25/1977 | See Source »

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