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That's the point, of course. Lagerfeld's look is part puffery, part put-on, calculated-like the luxurious clothes he designs-to divert attention from the serious business of style. "Nothing is serious in life," Lagerfeld, 46, insists...

Author: /time Magazine | Title: Living: Monte Karl on a Roll | 9/24/1984 | See Source »

...passenger of some future shuttle would be an elementary or secondary school teacher. Still, NASA will not rule the skies uncontested; if anything, the competition aloft* is growing more fierce: the European Space Agency is becoming an increasingly aggressive contender for commercial cargo and the Pentagon is planning to divert some of its space payloads to its own expendable rockets. But despite some past stumbling, NASA officials vow to prevail. The proud new ship Discovery has shown them...

Author: /time Magazine | Title: Space: We've Got a Good Bird There | 9/17/1984 | See Source »

Possibly to divert international attention from Bonner's trial and conviction, the Soviets released a videotape about the Sakharovs. Obtained by the West German newspaper Bild Zeitung from a Moscow-based journalist known to be well connected with top Soviet officials, the tape was bought by ABC News and broadcast in the U.S. last week. The video event was not especially convincing. Footage purporting to show that the Sakharovs are healthy, indeed prospering, had apparently been taken months ago. The tape had been spliced in many places, and relatives who are now in the West recognized at least...

Author: /time Magazine | Title: Soviet Union: Vengeance | 9/3/1984 | See Source »

...leveraged buyouts can be risky if a company does not earn enough to pay the interest on the huge loans that have been taken out. Debt payments can also divert funds away from investment in new equipment and research and development. A group of managers at Harley-Davidson, the motorcycle manufacturer, bought the company from AMF in a leveraged buyout in 1981, but racked up big losses the following year and had to ask for protection from Japanese competitors...

Author: /time Magazine | Title: Buyout Binge | 7/16/1984 | See Source »

...relationship documented at a trial, many FBI men would like to see the case quietly dropped. Officials of the Justice Department's organized crime strike force, which is already presenting to the grand jury information turned up by the Labor Department, argue that Presser turned informer precisely to divert possible prosecution...

Author: /time Magazine | Title: Teamster Talk | 6/18/1984 | See Source »

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