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...dark-skinned sisters? Where, then, is his free time? How can his soul soar? Still, even with these burdens, the $40-a-week rug salesman (with a shoeshine parlor on the side) manages to realize a few grandiose immigrant dreams. With his employer, the mysterious, immensely rich Mr. Fernand Sarrafian, senior partner of the Sarrafian Brothers carpet empire, Stavros investigates new worlds, from race tracks to brownstone bacchanals...

Author: /time Magazine | Title: Books: All the Way from Rugs to Riches | 8/2/1982 | See Source »

...beats his grand amour Althea a few times; nonetheless, she keeps her eyes lifted in the same direction as Stavros: wealthward. In a hilarious set piece, she accepts the highest-bidding suitor and heads for the altar with Fernand's son. But at the last moment, Althea refuses to sign a marriage contract that provides $200,000 for her odious mother and nothing for herself. While her fiance rushes off to get drunk, the bride-to-be makes love to Stavros in her wedding gown and precipitates an unforgettable four-wall fray for all. Yet all's wealthy...

Author: /time Magazine | Title: Books: All the Way from Rugs to Riches | 8/2/1982 | See Source »

...Center, which is designed for no more than 530 people. The fortunate former detainees who have been released to sponsors are likely to be found in Little Haiti, the neighborhood north of 36th Street in Miami. "The Haitians take care of each other as well as they can," says Fernand Cayard, owner of a local supermarket. "No one is sleeping on the streets." Jean François, a 25-year-old Haitian, shares a three-bedroom wooden frame house with 19 fellow refugees. "Everyone sleeps in shifts," explains François. "He who works gets the shift of his choice. Those...

Author: /time Magazine | Title: South Florida: Trouble in Paradise | 11/23/1981 | See Source »

Many members of Congress, including Judiciary's Rodino and Rhode Island Democrat Fernand St Germain, the chairman of the House Banking Committee, see a disturbing connection among high interest rates, sluggish growth and the merger explosion. In the bidding battle for Conoco alone, they note, the contestants lave lined up some $20 billion in standby bank credit. Though much of the financing comes from European banks, many economists and executives contend that heavy loan demands from the merger candidates help keep the U.S. money supply tight and make it more difficult for a small business to finance new machinery...

Author: /time Magazine | Title: Big Doubts About Big Deals | 8/3/1981 | See Source »

...DIED. Fernand Spaak, 57, Belgian diplomat who headed the European Community Commission's delegation to Washington from 1975 to 1980 and who hi February became chief of staff to Commission President Gaston Thorn hi Brussels; of wounds received when he was shot with a hunting rifle, apparently by his estranged wife of 28 years, Anna-Maria, who then appears to have committed suicide by electrocuting herself in the bath; in Ixelles, Belgium. The son of Paul-Henri Spaak, the former Belgian Prime Minister and Foreign Minister who played a major role in the formation of the European Community...

Author: /time Magazine | Title: Milestones: Aug. 3, 1981 | 8/3/1981 | See Source »

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