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...eludes her public by slipping through a back door. Frieda Nuss, 58, a bookkeeper from Brooklyn, sighs at the thought that Myerson might be guilty: "She could have enjoyed her twilight years." At least everyone else is enjoying them. And in January the real estate moguls Leona and Harry Helmsley -- the billionaires New Yorkers love to hate -- are scheduled to come to trial for income-tax evasion. Will Broadway have anything to compare...

Author: /time Magazine | Title: Law: All The World's a Stage | 11/21/1988 | See Source »

...understand why Leona Helmsley might want a $45,000 silver clock modeled after a building owned by her billionaire husband, even if you wouldn't want one yourself. What's harder to understand is why she would bother breaking the law to get it. That, in fact, is part of her lawyer's answer to official charges that the Helmsleys cheated the Government of $4 million in taxes by wrongly charging off sundry personal gewgaws as business expenses: Would people so rich risk jail for an amount so (relatively) small...

Author: /time Magazine | Title: Essay: The Superrich Are Different | 5/23/1988 | See Source »

Maybe Mrs. Helmsley did it as a public service. After all, her calamity has brought pleasure to millions. The sacrifice of plutocrats on the altar of public scandal is a treasured ritual of the American civil religion. And the Helmsleys were already among the least sympathetic of the wealth celebrities coughed up by the Reagan era. He is a landlord: 50,000 apartments, along with other real estate. She is the self-proclaimed "queen" of his hotel chain, famous for being nasty to the help, and a walking exaggeration of every cliche about the second wife as a social type...

Author: /time Magazine | Title: Essay: The Superrich Are Different | 5/23/1988 | See Source »

Once he is ready to launch the final takeover battle, Pickens sets up a command post at New York City's Waldorf-Astoria or Helmsley Palace hotels. From there, he directs the action like a general, keeping in round-the-clock touch with allies and moneymen across the country. "He's incredibly well plugged in," says a Wall Street financier. "One of his great strengths is that he has more sources than anyone." Notes an investment banker: "He's an absolutely brilliant poker player, though there's a little chess in his game...

Author: /time Magazine | Title: High Times for T. Boone Pickens | 3/4/1985 | See Source »

...former president of the company. The 15 directors of Union Carbide in December found themselves coping with the biggest industrial accident in history, the gas leak in Bhopal, India, that killed at least 2,500 people. The directors, meeting in an emergency four-hour session at Manhattan's Helmsley Palace Hotel, appointed four members to monitor the situation. Said Chairman Warren Anderson: "They were calm, concerned and interested in not ducking responsibility...

Author: /time Magazine | Title: On the Boards | 2/11/1985 | See Source »

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