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...results to date have been bullish. Merrill Lynch maintains its traditional dominance in selling stocks and bonds, and is three times as large as its nearest competitor, E.F. Hutton. In addition, the firm last year took in twice as much from its other financial operations ($1.4 billion) as from its securities-trading business ($642 million). In the first half of 1980 alone, it earned $100.8 million, almost as much...

Author: /time Magazine | Title: Business: Merrill Lynch's Marauding Herd | 8/4/1980 | See Source »

...against the Seattle Supersonics during the playoffs, he delivered "my first-ever locker-room talk. Most of it was a lot of expletives deleted." Whatever the content, it worked; the Lakers won the game by six points. Recalls Magic Johnson, Los Angeles' marvelous rookie guard: "He was E.F. Hutton. Everybody listened...

Author: /time Magazine | Title: Sport: The Big Guy Meets the Doctor | 5/19/1980 | See Source »

...Hutton, among others-is a packaged seminar called Power Writing. Sample exercises: write a thank-you letter or a memo with a "dynamic" and "relevant" opening; write a rejection on a business proposal with sympathy and understanding. One corrective exercise asks, "Did you find rewriting the cliches easy?" At $89.95 each, the firm has sold upwards of 10,000 Power Writing kits, each of which contains workbooks, a dictionary, a thesaurus and four audio cassettes. American Telephone and Telegraph has budgeted an estimated $2 million to provide a customized version of the Power Writing course for 20 Bell System offices...

Author: /time Magazine | Title: Education: The Righting of Writing | 5/19/1980 | See Source »

...dark hair, she epitomized the classical, aristocratic look that she helped to make the style standard of the 1950s and '60s, along with Suzy Parker, Capucine and Veruschka. She never approved of the earthy, natural look that arrived in the 1970s with laid-back lovelies such as Lauren Hutton, Cheryl Tiegs and Margaux Hemingway. Fashion, she lamented, became "boobs and butts, anything to make pictures sexy." Even so, she knew how to make fashion pay: Wilhelmina Models Inc., which she and her husband Bruce Cooper started in 1967, is today second in size only to the Eileen Ford firm...

Author: /time Magazine | Title: Milestones, Mar. 17, 1980 | 3/17/1980 | See Source »

...sufficiently self-aware to understand that his exceptional talent is ultimately self-defeating: he can give pleasure but never receive it. Indeed, the film's major psychological twist occurs when Julian discovers his capacity to believe in and accept the love of a decent woman (Lauren Hutton). The passages between Gere and Hutton-thanks largely to the latter's open and vulnerable playing-are the most affecting in the film. She actually convinces one of her passion, despite its unlikely sociological grounding. There are moments when American Gigolo looks as if it might develop into a sober Shampoo...

Author: /time Magazine | Title: Cinema: Pinkeye | 2/11/1980 | See Source »

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