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Garvin reflects the tensions that plague the company. Tall, blond, looking younger than his 57 years, he nonetheless seems put off balance by the schizoid demands of his position. Is his primary task to make profits for shareholders, who consist not just of the Rockefeller family (they control only about 1% of the stock) but also of union pension funds, investment trusts, and more than 600,000 everyday investors? Or is his main job, as Exxon's advertisements imply, to be a defender of the national security? As Garvin told TIME Correspondent John Tompkins, in an observation that no Exxon...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

...superstations' offerings to cable now consist largely of sports events and reruns of once popular network shows. But Ted Turner, the flamboyant yachtsman and owner of WTCG, promised last week to introduce some more appealing programs: original children's shows, reruns of highly rated public-broadcasting programs (e.g., The Ascent of Man) that may not have been seen in some areas that cable now reaches. Superstations, however, are running into furious opposition from conventional broadcasters and their allies in the sports and entertainment worlds. MCA-Universal and Paramount are balking at selling any of their TV shows...

Author: /time Magazine | Title: Television: Cable TV: The Lure of Diversity | 5/7/1979 | See Source »

...essence, what Woody Allen is saying in Manhattan is that our mental diets consist very largely of cultural junk food. We eat it up eagerly, because we are under the misapprehension that it is actually health food. The harm it does is hidden from us for years, like that of environmental carcinogens. We do not connect the workings of these intellectual pollutants with those strange buzzings in our brains?that erratically sounding, endlessly distracting static that prevents contemporary men and women from hearing one another's voices clearly, and therefore from making the connections they desperately need. The deftness with...

Author: /time Magazine | Title: Cinema: Woody Allen Comes of Age | 4/30/1979 | See Source »

...energy system, which will provide most of the hot water needs for two dormitories housing 720 students, will consist of 320 ground-mounted solar collectors, making it one of the largest in the country...

Author: NO WRITER ATTRIBUTED | Title: Bentley College Will Use Solar Heating | 3/16/1979 | See Source »

...Washington's eyes. How that attitude will be reflected at Camp David is not clear, although State Department officials went out of their way to indicate that the talks would not be "a make-or-break effort." The first stage, lasting from three to five days, will consist of discussions among Vance, Dayan and Khalil. Neither the Israelis nor the Egyptians will have authority to make final decisions on the language of the treaty. If Begin's Cabinet is satisfied by Dayan's report on the first round of talks, it will authorize Dayan to return...

Author: /time Magazine | Title: World: Reassuring Some Friends | 2/26/1979 | See Source »

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