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...hurt that gate was in the title. Watergate. Heaven's Gate. Billy Bathgate. As the production of E.L. Doctorow's best seller went over budget and reportedly out of whack, bathgate is what Hollywood figured the Disney studio would take -- in red ink -- when the film finally opened. Its summer premiere was postponed; last month a new ending was shot (then discarded); stories surfaced of clashes between director Robert Benton and his star, Dustin Hoffman. Oh, and Bruce Willis was in it, so it must...

Author: /time Magazine | Title: Extra! Billy Bathgate Lives! | 11/4/1991 | See Source »

...started doing calligraphic drawings, not with a brush but with twigs of ailanthus wood -- ailanthus being the common weed tree that grows in every sidewalk crack in Lower Manhattan but is known to the Chinese as the tree of heaven. Stuck in a long holder and dipped in ink, these flexible little sticks delivered a blobby, rough line, far from the look of classical brush drawing but with some of its improvised character...

Author: /time Magazine | Title: Art: Lines That Go for a Walk | 11/4/1991 | See Source »

...economy sent discouraging new signals last week that it cannot shake the blahs. In one major sign of weakness, a virtual Who's Who of blue-chip companies reported huge losses or falling profits for the third quarter of this year. Citicorp lost $885 million largely because of red ink at its Quotron stock-reporting service and costs stemming from the layoff of 5,000 workers earlier this year. The largest U.S. banking firm said it would suspend its dividend and dismiss several thousand more workers. Among manufacturers, IBM said slumping sales caused its profits to plunge...

Author: /time Magazine | Title: the Economy: It's Stuck In Neutral | 10/28/1991 | See Source »

...grip on a more general political problem: the difficulty that statesmen have in keeping up with events, particularly in a period of seismic changes in the geopolitical landscape. Bush opened his speech with the image of the world facing a "fresh page of history before yesterday's ink has even dried." He might have been speaking about the ink on two documents in particular...

Author: /time Magazine | Title: Arms Control: Toward a Safer World | 10/7/1991 | See Source »

...appear credible on these issues, most of those challenging Bush appear comfortable with their collective weakness. None are as vocal about it as Iowa Senator Tom Harkin, who has come to play with his spikes sharpened. But most candidates have bought the notion that the threat of red ink outweighs the threat from Red Square and that a strategy long on domestic prescriptions can turn the trick. Only Arkansas Governor Bill Clinton demurs. "The American people think the country is going in the wrong direction," he says, "but they are not sure that the President can or should do anything...

Author: /time Magazine | Title: First Strike Against the Democrats | 10/7/1991 | See Source »

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