Word: diamonds
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Dates: during 1980-1989
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...strand of pearls clings to her red TIME T shirt and beads of perspiration moisten her brow, but the figure crouched behind home plate is meticulous and imperturbable. Even on the diamond as catcher for TIME's softball team, Chief of Research Betty Satterwhite Sutter exudes the calm presence that she carries through hectic workdays. "I've been playing softball since I was eleven," says Satterwhite, who once won the team's most-improved-player award. "It helps me feel young. Besides, the camaraderie on our team, with people you work and play with, carries over into the office...
...miserable it was," Jack Brummond, chairman of the board of directors, was explaining the other day. Outside, the wind came off the prairie hard enough to knock you flat, and in the park at the foot of Main Street the Dr Pepper scoreboard by the girls' slow-pitch softball diamond was threatening to leave the state. "This is the social crux of our community. If we don't have this, we live in total segregation. The only other place we have to see people is church...
...contract on a case of 1985 or 1986 Cabernet Sauvignon Reserve is betting that the wines will increase in value by 1989. Because the contracts will bring in cash two years before the wines are usually sold, about 30 California vintners, including such names as Iron Horse and Diamond Creek, are following Mondavi's lead...
What do Frank Sinatra, Diana Ross, Neil Diamond, Miami Vice, Little Shop of Horrors and Nair hair-removal cream have in common? They have all generated earnings for an obscure Los Angeles company, the Four Seasons Partnership. Like many businesses in the entertainment field, the firm employs technicians, musicians and other professionals, but the heart of the company is a 25-year- old creative and financial partnership between two men -- Bob Gaudio and Frankie Valli -- that is highly unusual, if not unique, in the world of business. Gaudio, 46, is a composer, pianist, arranger and producer who has worked...
...money than the other. But over time things even out. In 1978 Valli was the big breadwinner because he sang the title song from the movie Grease, which brought in an estimated $2 million for the partnership. In 1981 Gaudio starred, when the music he produced for the Neil Diamond movie The Jazz Singer earned him perhaps $1 million or more after divvying up with Valli...