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Once upon a time, in the heyday of junk bonds and booming real estate markets, big money developers sank fortunes into gleaming urban skyscrapers that stood as proud tributes to an age of avarice. Today a dismal economy has left many of these office towers half full and their developers slumping toward insolvency. Chief among them is Olympia & York, which made a grim return engagement in bankruptcy court last week, this time in Britain. The Canadian real estate giant sought protection from creditors of its London Canary Wharf project. No expense had been spared in this spectacular 71-acre building...

Author: /time Magazine | Title: A London Venture Is Falling Down | 6/8/1992 | See Source »

According to Ellis. The heyday of Harvard influence in Washington was the presidency of John F. Kennedy '40 during the Kennedy era, the fabled Cambridge-Washington shuttle became famous for transporting Harvard's ideas to the halls of Congress and the White House...

Author: By Brian D. Ellison, | Title: HARVARD & PRESIDENTIAL POLITICS | 6/4/1992 | See Source »

...this is the year when long-battered Broadway takes heart again, the show that symbolizes and crystallizes its comeback is Frank Loesser's funny valentine to Gotham. In 1950, when the musical form was still in its heyday, Guys and Dolls set the town on its ear. Critic John McClain of the New York Journal-American said the show might be just as good as Oklahoma! or South Pacific, but more important, he added, "This is the medium of our town -- not the tall corn or the waving palms." In 1992 its second coming was even more ballyhooed, from...

Author: /time Magazine | Title: Guys, Dolls and Other Hot Tickets | 5/25/1992 | See Source »

...nation tires of exertions abroad. After World War I, the U.S. rejected membership in the League of Nations, adopted a restrictive immigration policy and eventually enacted high tariff barriers. It took Pearl Harbor and then communist expansionism to make internationalism the basis of U.S. foreign policy. Even during the heyday of the effort to contain communism, "the public never fully bought the challenge," says Thomas Mann of the Brookings Institution. "Only a bipartisan consensus among elites kept the country's latent isolationism...

Author: /time Magazine | Title: Politics Can America First Bring Jobs Back? | 12/23/1991 | See Source »

...October 1942 I was chosen for a survey team of Southeast Asia. That was our heyday. I remember army and navy officers wanting to load Johnnie Walker out of the Hong Kong depot onto our plane, but the strip was too short; it ; never did get aboard. Those were the days when Japanese soldiers tried to eat Camay soap as a cake...

Author: /time Magazine | Title: Remembrance That Was Our Heyday | 12/2/1991 | See Source »

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