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...seem more immediate during the summer of '29, as the economy began to falter. After the market reached its high on Sept. 3, there was a gentle decline, with ups as well as downs, for several weeks. "We tend to blame the market," says Kidder Peabody Chairman Albert Gordon, 78, who then worked in corporate finance for Goldman, Sachs. "But the market was just a symptom. We were in a bad economic situation whether or not the stock market crashed...

Author: /time Magazine | Title: Business: The Day Wall Street Was Silent | 10/29/1979 | See Source »

...Gordon recalls that when he and his colleagues left their offices at night, "we walked in the middle of the street; if somebody was going to commit suicide, we did not want him to land on us." It was not an idle concern. Charles Mattey, then 19 and a commodities clerk, was typing on a billing machine when a body crashed through a skylight and landed in his office. Says he: "It was extremely traumatic." George Fowler, a retired Morgan Guaranty Trust Co. vice president, was a 15-year-old office boy with the old Guaranty Trust Co. when...

Author: /time Magazine | Title: Business: The Day Wall Street Was Silent | 10/29/1979 | See Source »

Methods aside, McMahon draws on a more direct connection between his work as a professor and his writing. Gordon McKay, protagonist of McKay's Bees, is a familiar name in Harvard science departments. About 50 scientists, including almost the whole faculty of Engineering and Applied Sciences Department, owe their livelihood to his very large endowment. McMahon, one of the flock, pays tribute with his novel--"90 per cent of the book is lies about Gordon McKay," he says, though the last chapter, in which McKay returns to Cambridge, makes a fortune in shoe manufacturing, and befriends several Harvard faculty members...

Author: NO WRITER ATTRIBUTED | Title: A Powerful Distraction | 10/20/1979 | See Source »

...have to agree that behind the mannered realism of The Right Stuff thumps the heart of a traditionalist. The organizing principle of the book is an old-fashioned fascination with, and admiration for, the test pilots and fighter jocks of the U.S.'s first astronaut team: Scott Carpenter, Gordon Cooper, John Glenn, Gus Grissom, Wally Schirra, Alan Shepard and Deke Slayton. In addition, the book has a superhero, Chuck Yeager, a World War II combat veteran who broke the sound barrier in 1947 and rewrote aviation history in experimental rocket-powered planes of the '50s and early...

Author: /time Magazine | Title: Books: Skywriting with Gus and Deke | 9/24/1979 | See Source »

...does have his glorious days. For Strider, the first is a fling at love with a filly fatale (Pamela Burrell), an adventure for which he is gelded. The second is a horse race in which he wins his master's bet for him. His master is Prince Serpuhofsky (Gordon Gould), an engaging aristocrat of excess whose religion is hedonism and whose reigning vices are gambling and drink...

Author: /time Magazine | Title: Theater: Equus Infra Dig | 8/27/1979 | See Source »

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