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Barring an act of God, the Irish Republican Army, the nation's unemployed or any combination thereof, Te Kanawa's audience will include one happy couple, 26 prominent clerics, a carefully vetted congregation of 2,500 crowding each other for pew space under the great painted dome of St. Paul's Cathedral, more than 75 technicians manning 21 cameras, and an estimated worldwide television audience of 750 million. They will be tuning in the century's greatest, grandest nuptial, the sort of love story Hollywood doesn't make any more and the kind of spectacle...

Author: /time Magazine | Title: Magic in the Daylight | 8/3/1981 | See Source »

...Samuel Taylor Coleridge were a contemporary real estate developer, he would not have decreed a stately pleasure dome in Xanadu but on a milelong strip of Los Angeles' Wilshire Boulevard. That is where the smart money and the most luxurious dreams currently reside. When construction is finished within two years, 21 high-rise condominium towers will dominate the skyline west of Beverly Hills. They will outprice any concentration of privately owned apartments in the world, including Paris' fashionable Avenue Foch and the moneyed battlements of Manhattan's Park and Fifth Avenues...

Author: /time Magazine | Title: Living: For $11 Mil, Xanadu with a Rolls | 7/27/1981 | See Source »

...behind in paying his taxes. He worked hard and successfully to get federal oil-reserve lands transferred to his own department, then had no trouble finding private drillers who were ready to deal. One of the tracts Fall exchanged for private favors was a spot in Wyoming called Teapot Dome. Meanwhile, Charlie Forbes, head of the Veterans' Bureau, was traveling about the country, letting contracts for federal hospitals. He was generous with the taxpayers' money, paying inflated prices to grateful builders and then pocketing the difference. Forbes also liked to sell Government surplus goods cheap and then restock...

Author: /time Magazine | Title: Books: Beyond Parody | 7/27/1981 | See Source »

...Conoco-Du Pont agreement was the climax of a complex drama of high finance. It began with unwelcome assaults on Conoco by two Canadian companies. The first came in May, when Dome Petroleum bought 20% of Conoco's stock. The U.S. company fended off that threat by agreeing to trade its majority interest in the Hudson's Bay Oil and Gas Co. in return for the Conoco stock that Dome had acquired. At the same time, however, a more ominous Canadian challenger appeared. In late May, Seagram privately approached Conoco with an offer...

Author: /time Magazine | Title: History's Biggest Merger: Du Pont-Conoco | 7/20/1981 | See Source »

Just as Carpenter fails to take advantage of the city, he also forfeits the prodigious potential of his characters, particularly that of Isaac Hayes, who plays the Duke of New York. His ebony dome intact from the days of Shaft and his other forays into the Blaxploitation genre, Hayes could be a marvelously evocative figure--instead, he comes off as a dummy with about three lines and a shiny forehead and automobile. Hayes can't really complain; the whole script can't run more than about ten pages...

Author: By Jeffrey R. Toobin, | Title: Take the A Train | 7/14/1981 | See Source »

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