Word: crashing
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Dates: during 1970-1979
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...banker who can write is unusual enough. A banker who starts writing novels in jail, and transmutes global finance and oil politics into plausible thrillers about world economic collapse -well, there is only one: Paul Erdman. His third novel, The Crash of '79, is in its 25th week on the bestseller lists, has been bought by Paramount for a movie, and is diverting not only ordinary readers but also corporate executives and government officials, who assure each other that its forecast of doom will not come true. Certainly not. Of course...
...full-time writer, Erdman divides his time between his magnificent redwood contemporary home overlooking San Francisco Bay and a 40-acre ranch in Sonoma. He is well along on his fourth novel about "international corporate bribery"-which seemingly would not find a market if The Crash of '79 actually occurs. Erdman happily admits that it probably will not; he wrote the book, he says, primarily for enjoyment and secondarily "to alert people to what could happen." The hell of it is, nobody can say his doomsday scenario is flat-out impossible...
...where he grew up, the film is the perfect image of bored, rootless teen-agers in 1962, the year he finished high school. Says Lucas: "I spent my teen years cruising McHenry Avenue in Modesto." At that time his only ambition was to race cars, but a near-fatal crash two days before graduation forced him to spend three months in a hospital. When he came out, he decided to go to college. After two years at Modesto Junior College, he entered the University of Southern California Film School...
Social Goals. Fraser, too, is an emblem of that unity. Like Woodcock, he is a man in the mold of Walter Reuther, the visionary U.A.W. president who was killed in an air crash seven years ago. Once a metal finisher in a De Soto plant, Fraser became a boy-wonder local president and was Reuther's administrative assistant for most of the 1950s. As a union vice president in 1970, he seemed a likely choice to inherit "the Redhead's" post, but lost out when the union's executive board recommended Woodcock by one vote. More gregarious...
...Crash of '79, Erdman...