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...expected to ratify the plan in a vote to be held possibly May 1, making Weirton Steel the nation's eighth-largest steel producer and largest employee-owned company. The deal was worked out with the help of the management-consulting firm of McKinsey & Co., investment banker Lazard Frères & Co. and other consultants. Their fees will be paid partly by the townspeople of Weirton (pop. 28,000), who have joined in planning everything from sock hops to telethons to save the plant...
...Citicorp's Wriston contends that the chances of default by a major country are "zero." A nation that defaulted, he persuasively argues, would cut itself off from the world monetary system and be unable to finance essential imports. Felix Rohatyn, a partner in New York's Lazard Frères investment banking firm, disagrees. Says...
LOLA and VERONIKA VOSS Directed by Rainer Werner Fassbinder Screenplays by Peter Märthesheimer and Pea Fröhlich
Nonetheless, in film after profligate film he described the fatal charm of the bourgeoisie for any working-class striver, or anyone too idealistic to recognize its strangling power. In 1978 Fassbinder was lucky enough to find a pair of screenwriters, Peter Märthesheimer and Pea Fröhlich, who set this theme in '50s Germany, and retooled it with more dexterity than Fassbinder had shown in his own scripts. The result of this collaboration was a trilogy-Maria Braun (1979), Lola (1981) and Veronika Voss (1982)-that blended movie melodramas with acerbic sociology, and revealed the curse behind...
...British were concerned, Defense Minister Frúgoli's statement ended the Peruvian peace initiative. Commented Pym: "I am deeply disappointed that Argentine intransigence has once again frustrated a constructive initiative. Had they genuinely wanted peace, they would have accepted these latest proposals put to them, and we could have had a cease-fire in place...