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Ghost and Hammer. Archetypical of the new manager is Eugenio Cefis, 50, president of Montecatini Edison, Italy's largest industrial firm. Except for a brief postwar fling at private enterprise, Cefis, who was trained as an economist, has spent most of his career working for ENI, the state-owned petroleum syndicate. Known as "The Ghost" because of his aversion to publicity, Cefis became the shadowy, indispensable Mr. Fixit at ENI. After he became ENI's president in 1967, he built a sound management team by breaking with ancient Italian tradition and wisely delegating authority...

Author: /time Magazine | Title: ITALY: The State's Tycoons | 3/6/1972 | See Source »

Irving and Nessen tried to hammer out their own deal with the U.S. Attorney. They promised to cooperate provided the prosecutors could per suade the Swiss government to soften passport-forgery and bank-fraud charges against Irving's wife Edith. No one was quite certain whether Irving was acting out of chivalry or more self-serving motives. It was possible, some investigators said, that Irving hoped to ease Edith's legal burdens before she broke down and told her own side of the story, partly in anger over her husband's now famous affair with Danish Singer...

Author: /time Magazine | Title: CRIME : The Fabulous Hoax of Clifford Irving | 2/21/1972 | See Source »

...survivors among 24 children in his family, he was "so poor even the poor looked down on me." His father was a carpenter and sometime tippler who was always looking for work. "Occasionally he'd just stand on the corner with his hammer and saw, waiting for someone to come by who needed a job done," recalls Cornelius Parker, whose family ran a funeral home across the street from where the Wilsons lived...

Author: /time Magazine | Title: When You're Hot, You're Hot | 1/31/1972 | See Source »

Worlds of Luxury. The slap hammer will work on any make of automobile. It is just one device employed by New York car thieves; another is the Curtis key punch, which costs about $150 and will fit in a shoe box. Using a code stamped on the lock tumblers of all American and most foreign cars, an operator can quickly make a "slave key" that will work in both door and ignition...

Author: /time Magazine | Title: CRIME: The Hot Porsche Caper | 12/20/1971 | See Source »

Oscar and his pals can work fast because of a simple device known in the trade as a "slap hammer." The gadget is essentially a thin steel rod with a movable weight attached to it; inserted into a lock, it can pull the lock tumbler out of a car door in seconds...

Author: /time Magazine | Title: CRIME: The Hot Porsche Caper | 12/20/1971 | See Source »

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