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...doubt that the transformation alone will have much impact on Boeing's bottom line. Wolfgang Demisch, a managing director of the investment firm BT Alex. Brown, calls Boeing "hugely overstaffed" and ridicules its price war with Airbus. "The commercial-aircraft industry should be enormously profitable because it is a fortress franchise," Demisch says. He argues that with just two manufacturers selling to about 450 airlines, "I see no reason at all why prices [of planes] are as bad as they are. Neither competitor has any real notion of price discipline...

Author: /time Magazine | Title: Is Boeing Out of Its Spin? | 7/13/1998 | See Source »

...machine-gun casings adorn a side table ("I was a gunner in the war"). A portrait of Hemingway ("He was not a very nice man") hangs above a cartoon from the strip Hagar the Horrible ("with whom I have great sympathy"). Stacked around his desk like a fortress are volumes on the Boer War, the Civil War and World War II; biographies of the Founding Fathers; bound editions of the American Hunter; tough-guy novels by Larry McMurtry, Elmore Leonard and Patrick O'Brien. And, yes, the souvenirs: the ax, dripping fake blood, from a production of Macbeth...

Author: /time Magazine | Title: Have Gun, Will Travel | 7/6/1998 | See Source »

...York City's autocratic numero uno Rudy Giuliani is pressing ahead with plans to build a mayoral fortress in the World Trade Center, a bulletproof bunker with a hotline to the White House. But the project isn't getting the respect a real grown-up $15 million command-and-control center deserves. Lefty lawyer and radio commentator Ron Kuby has dubbed the facility the "Nut Shell." The New York Daily News is comparing it to Saddam Hussein's bunker, and other detractors say it will cost tens of millions of dollars more than Giuliani projects. Yet the mayor who squeezed...

Author: /time Magazine | Title: New York City's Fortress of Attitude | 6/19/1998 | See Source »

...demolish the authority of reason itself. The prankster visions of the Acid Tests swirled around the stark realities of American power, and the decade found its signature moments: a flower in a gun barrel, a Defense Secretary scowling out a Pentagon window at the hippies trying to levitate his fortress. When Lyndon Johnson announced that he would not seek re-election, in March 1968, he was tacitly admitting that the freaks might be right. Suddenly, Richard Nixon was President, and millions of people--many of them middle-aged and middle American--were marching not only...

Author: /time Magazine | Title: 1960-1973 Revolution: A Question Of Authority | 3/9/1998 | See Source »

...Kremlin loom large in the center of Moscow as a reminder of this country's powerful Russian past. Yet as one walks away from the Kremlin and down Tverskaya Boulevard--Moscow's main drag--one wonders whether the Kremlin still serves its original purpose. Built as a fortress in the 1150s, it was supposed to protect Moscow from foreign invasion...

Author: By Marshall I. Lewy, | Title: From Russia With Love | 2/19/1998 | See Source »

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