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...near legendary windfall was made in a public offering by William Simon, Treasury Secretary in the Nixon and Ford Administrations. In 1982 a Simon-led group of investors put up $1 million of their own money and borrowed $79 million to buy the Gibson greeting-card company from RCA. They turned Gibson into a private firm and reorganized its operations. Then, just 18 months later, they sold $290 million worth of the company's stock to the public. Simon alone earned more than $15 million and wound up holding shares in Gibson worth about $50 million...

Author: /time Magazine | Title: The Popular Game Of Going Private | 4/18/2005 | See Source »

Ladies and gentlemen, boys and girls, dyin' time's here." With that genial salutation, the hunchbacked emcee greets a braying mob assembled for the evening's entertainment at Thunderdome. Welcome to a death duel between that stoic wanderer of the postapocalypse Australian wasteland, Mel Gibson's Mad Max, and his monstrous iron-masked opponent, known as Blaster. You are privileged to witness, as well, an astonishing display of virtuoso cinema that is destined to take its place among the most vivid and freshly imagined fist-to-groin contests in the medium's history...

Author: /time Magazine | Title: Cinema: The Postapocalypse Rings Thrice: MAD MAX BEYOND THUNDERDOME | 4/12/2005 | See Source »

...Coming Catholic Church's Gibson uses a novel analogy to explain another attribute the Cardinals may seek. "Just as Bill Clinton was considered the first African-American President," he suggests, "John Paul could have been considered the first Third World Pope." With his wholehearted visits to Brazilian favelas and his efforts on behalf of debt forgiveness, says Gibson, the late Pontiff's evident Europeanness did not prevent him from becoming "a hero in the southern hemisphere...

Author: /time Magazine | Title: What The New Job Specs Are | 4/11/2005 | See Source »

...John Paul was lucky because the bar was set very low," says David Gibson, author of The Coming Catholic Church. "John XXIII had charisma, but he didn't travel. Paul VI traveled, but he didn't speak other languages very well. John Paul II ran the table." To follow that act, many observers agree, his successor will need to speak several languages, have a ready smile (or at least a telegenic frown) and, as Gibson puts it, be able "to make news by virtue of who he is" as much as by what he has done...

Author: /time Magazine | Title: What The New Job Specs Are | 4/11/2005 | See Source »

...role for women. That charms the liberal, priest-challenged West, although it may not ultimately help his papal chances. Others may hope to project a pastoral openness or allow their priests a certain leeway while refusing to cross certain lines. "Flexibility keeps coming up" in Cardinals' statements, says Gibson. "Not compromise but flexibility." Finally, there are church positions that remain somewhat undefined, and the Cardinals' stance on such questions as how to apply the idea of the soul to biotechnological advances may help sway their colleagues...

Author: /time Magazine | Title: What The New Job Specs Are | 4/11/2005 | See Source »

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