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Once the thieves were inside, the valuables in the private strongboxes were theirs for the taking. The thieves ignored personal papers and discarded jewelry that they apparently considered to be inferior. Included in the haul was a collection of Goya prints owned by Jaime de Mora y Aragon, brother of Queen Fabiola of Belgium. De Mora's first estimate of his losses: $640,000. "I am ruined," said Felici Cultrera, an Italian who lost $250,000 in jewels and who was quick to offer a $100,000 reward...

Author: /time Magazine | Title: Spain: Holiday Heist | 1/10/1983 | See Source »

Criminal records are made to be broken. In 1974 robbers got away with a $4 million cash haul at the Purolator Security warehouse in Chicago. That record stood until 1978, when $5.8 million in money and jewels disappeared from a Lufthansa cargo hangar at John F. Kennedy International Airport. Last week that high mark fell once more, and again the record was set in New York City...

Author: /time Magazine | Title: Easy Money | 12/27/1982 | See Source »

...than a half-century, Soviet officials have claimed that their economic system is superior to Western capitalism and, as Nikita Khrushchev once said, would some day "bury" it. Such boasts sound particularly hollow today. Perhaps the greatest challenge that the new Soviet leadership faces is finding a way to haul the Communist economies out of their stagnation...

Author: /time Magazine | Title: The Soviets: Sinking Deeper into a Quagmire | 11/22/1982 | See Source »

...goods; Digital Equipment, Hewlett-Packard, IBM and Emerson Electric in high technology; Delta Air Lines and McDonald's in services; and Caterpillar, Dana and 3M in a catchall category called "general industrial." Those companies were singled out not only because of their solid financial performance over the long haul (20 years or more) but also because of other qualities, especially the ability to innovate. The excellent companies, say the authors, "fawn" on their customers and learn from them. The best managers value action above all else, a spirit of "do it, fix it, try it." They insist...

Author: /time Magazine | Title: How to Be Great | 11/15/1982 | See Source »

...profiteer, and Brown is frankly causing the Governor to give a damn. Over the past few years, the former owner of Kentucky Fried Chicken has apparently been withdrawing sacks of hundred dollar bills from his account at a bank in Miami, not far from his vacation home. His total haul: $1.3 million. A grand jury is now investigating whether the bank violated a federal requirement that all cash withdrawals above $10,000 be reported to the IRS. It was his money, of course, and Brown explains that "the poor old Governor" has "a fairly expensive wife...

Author: /time Magazine | Title: People: Oct. 11, 1982 | 10/11/1982 | See Source »

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