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...offshoot of South Africa's De Beers Corp. Stevens insists that "the South Africans once had a monopoly on the diamond trade in this country, but we are trying little by little to break it." That plan has focused recently on efforts by a Stevens business associate, American Entrepreneur Maurice Templesman, to help Sierra Leone get financing from the World Bank for an ambitious deep diamond-mining venture. A sometime escort of Jackie Onassis, Templesman has hired New York Lawyer Theodore Sorensen, once the chief speechwriter for John F. Kennedy, to represent his interests. In Freetown, it is widely...

Author: /time Magazine | Title: SIERRA LEONE: From Athens to an Ill-Run Sparta | 7/28/1980 | See Source »

Thus ended the 40-day flight of Jacobson, 49, celebrated horse trainer and real estate entrepreneur who was convicted on April 12 of murdering John Tupper, a restaurateur and his rival for the favors of Fashion Model Melanie Cain. Jacobson escaped on May 31 by switching places with a visitor posing as his attorney and simply walking out of the Brooklyn House of Detention. Accompanied by his girlfriend, Model Audrey Barrett, 22, Jacobson drove across the country, stopping briefly in Des Moines to pick up identification papers using names from tombstones in a cemetery. The pair bought...

Author: /time Magazine | Title: Nation: Future Denied | 7/21/1980 | See Source »

...recession deepens, disgruntled employees, psychopaths or terrorists will increasingly threaten industry leaders. Corporate security has now become a $7 billion to $10 billion business, and even the aging comic-strip crime fighter Dick Tracy last week was faced with the kidnaping of his old pal Millionaire Entrepreneur Diet Smith...

Author: /time Magazine | Title: Business: Bombs in Books | 7/21/1980 | See Source »

...with speed, elegance, wall-to-wall raunch and a flaky, sidewise wit. Meat Loaf plays Travis W. Redfish, a north Texas naif with the soul of Candide and the hands of an expert mechanic. He hooks up as the "roadie" (bus driver and equipment manager) for a sleazy rock entrepreneur and falls immediately in love with Lola Bouilliabase (Kaki Hunter), a snaggletoothed, anorectic groupie whose mission in life is to sleep with Alice Cooper. "Isn't she one of Charlie's Angels?" asks Travis. Says Lola: "I can't believe you never heard of Alice Cooper...

Author: /time Magazine | Title: Cinema: A Great Rock-'n'-Roll Caravan | 7/7/1980 | See Source »

...gray suit was not Michael Schwartz but the jumpsuited prisoner, Howard ("Buddy") Jacobson, 49, successful horse trainer, real estate entrepreneur and convicted murderer. The man he left behind turned out not to be Michael Schwartz either, but Anthony DeRosa, 47, onetime bartender and a longtime pal of Jacobson's. When DeRosa himself tried to leave the prison, a guard asked him where his "client" had gone. Only then did prison officials belatedly sound the alert...

Author: /time Magazine | Title: Nation: The Fox Is on the Run | 6/16/1980 | See Source »

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