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...world's oil rich. The Persian Gulf sheikdom of 1.4 million people has aggressively bought everything from a West German steel mill to a South Carolina resort community. Last week Kuwait struck its biggest, and potentially most controversial, deal yet: a $2.5 billion takeover of the Santa Fe International Corp., of Alhambra, Calif., a leading oil-drilling contractor (1980 revenues: $1.2 billion...
...same time, the Securities and Exchange Commission began probing reports of rampant speculation in Santa Fe stock during the weeks just prior to the takeover announcement. The questionable trading involved large numbers of purchases in so-called call options on the Pacific Stock Exchange in San Francisco. Options contracts are trading gambles in which buyers acquire, at a fraction of the stock's market value, the right to buy or sell a quantity of stock at a fixed price within a specified period, usually anywhere from a few hours to nine months. The heavy volume of transactions in Santa...
...1920s. During the '30s and '40s he wrote the scores for a string of movie musicals, winning Academy Awards for Lullaby of Broadway (from Gold Diggers of 1935); You'II Never Know (Hello Frisco, Hello, 1943); and On the Atchison, Topeka and the Santa Fe (from The Harvey Girls, 1946). A quiet, amiable man whose talent brought him fortune but not fame, he once said: "I lack charisma. Not even my best friends have heard...
...first two operas, Winter's Tale and Full Moon in March. The past 15 months brought two major premieres: the Violin Concerto, which he wrote for his violinist wife Rose Mary, and the Piano Concerto, which won the Kennedy Center prize. Earlier this month in Santa Fe, two new Harbison works got their first performances. Mottetti di Montale is a darkly elegiac, 50-minute song cycle based on po ems by Eugenio Montale, the Italian poet who won the 1975 Nobel Prize for Literature. The Piano Quintet is a spare and acerbic five-movement work commissioned by the festival...
...adventurous Santa Fe Opera is celebrating its 25th anniversary with a season that includes such rarities as Paul Hindemith's News of the Day, Igor Stravinsky's The Rake's Progress and Richard Strauss's Daphne. But, a few individual performances aside, it has been a dry operatic summer in the Southwest...