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...heyday, the Lamar Savings Association boasted four large teak elephants in its Austin lobby. They may have impressed the customers, but they did not help the balance sheet. Last week more than 1,000 bidders crowded into a Houston warehouse to see the elephants auctioned off for $1,600 to $2,000 apiece, along with the property of 33 other failed Southwestern thrifts. A 1957 Bentley automobile went for $10,050. Besides computers and other office equipment, the Federal Savings and Loan Insurance Corporation also sold hand- carved ivory tusks and even two kitchen sinks...

Author: /time Magazine | Title: AUCTIONS: A Texas-Size Garage Sale | 7/31/1989 | See Source »

...kind of story that could guarantee brilliant future careers, perhaps even Pulitzer Prizes, for enterprising journalists. So reporters have pounced on Washington's latest example of sleaze. There is just one hitch: it's yesterday's news. All that murky bureaucratic back scratching and buck passing happened during the heyday of the Reagan Administration. Where was the ever vigilant press back then...

Author: /time Magazine | Title: Press: Where Were the Media on HUD? | 7/24/1989 | See Source »

Here he is plastering rouge on the Old Hollywood corpse. In the heyday of the studio system, few stars were given the chance of controlling their cinematic fate. Lawrence Kasdan, who directed Costner in The Big Chill (where , his substantial role was cut to a few cameo shots as a corpse) and Silverado, compares the actor with Steve McQueen. "Like McQueen," Kasdan notes, "Kevin has a real sense of what he can do. He has always known what's really important for him, rather than what others think is important...

Author: /time Magazine | Title: Kevin Costner: Pursuing The Dream | 6/26/1989 | See Source »

Whatever reservations Moscow may have about the Polish election, the possibility of Soviet intervention seems extremely remote. Eight years ago, in the heyday of Solidarity's first incarnation, Leonid Brezhnev forced Jaruzelski to break the union. But Gorbachev has long since laid the interventionist Brezhnev Doctrine to rest, repeatedly promising the East * European regimes "mutual respect" and "non-interference in each other's internal affairs." Moreover, Gorbachev considers the reform-minded Jaruzelski an important ally in promoting what he calls "new thinking" throughout the Soviet bloc. Finally, the Soviet leader seems to regard the economic and political experiments in Poland...

Author: /time Magazine | Title: Communism: Poland, A Humiliation For the Party | 6/19/1989 | See Source »

CAFE CROWN. This revival is not much of a play, but Anne Jackson, Eli Wallach and Bob Dishy head a splendid cast that adroitly and affectionately recalls the Manhattan heyday of Jewish theater...

Author: /time Magazine | Title: Critics' Choice: Apr. 3, 1989 | 4/3/1989 | See Source »

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