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...businessmen who conceived it as a profit-making venture as well as a civic-spirited showcase. The fair and adjacent real estate developments were financed by an intricate combination of private money and, to a much larger extent, public funds. Nearly all the deals have a common connection: Jake Butcher, 46, a Knoxville banking magnate and twice a candidate for Governor. Banker Bert Lance, Butcher's friend and Jimmy Carter's ill-starred budget chief, made the entrées necessary to arrange for $43.5 million in federal subsidies and talked Egypt into participating. Another Butcher friend, Jesse...

Author: /time Magazine | Title: Barn Burner in a Backwater | 4/12/1982 | See Source »

...farmers, who have watched grain prices fall sharply because of the recession and an overabundance of commodities, are generally delighted by the influx of Japanese. Nebraska Wheat Grower Jake Sims figures that they have helped add three cents to four cents a bushel to the value of his crop, which currently is worth about $3.70 a bushel. Says he: "I don't care if it's Japanese, or Swedes, or whoever coming in. More competition means a better price, and we can use all the help we can get these days...

Author: /time Magazine | Title: Winning Trade | 3/29/1982 | See Source »

HOSPITALIZED. Theresa Saldana, 27, versatile actress who played Jake LaMotta's sister-in-law in Raging Bull; with knife wounds; in Los Angeles. Saldana was stabbed twice in the chest outside her West Hollywood apartment. Police arrested Arthur Jackson, 46, an unemployed Scotsman, and charged him with attempted murder...

Author: /time Magazine | Title: Milestones: Mar. 29, 1982 | 3/29/1982 | See Source »

...Jake's mother Helen (Frances Sternhagen) is a tyrant of the hearth. She has X-ray eyes, but she can discern no conceivable virtue in anyone who disputes her dictums about food, home furnishings and the proper cowing of a child. She has a deep-freeze heart, and Jake had been stored there until he could be thawed out by externally approved success at the newspaper. For Jake's mother and father, the Times is the Talmud...

Author: /time Magazine | Title: Theater: Scar Tissue | 12/21/1981 | See Source »

...Jake is writing a book about "the moral and ethical disintegration of the American dream," and Grownups seems shackled to that thesis. For few explicable reasons, Jake and Louise crush each other in a rockslide of a marital spat that rivals the venom but not the wit of Who's Afraid of Virginia Woolf?ln an explosive but faintly ludicrous finale, all the family pieties are blasted and blasphemed...

Author: /time Magazine | Title: Theater: Scar Tissue | 12/21/1981 | See Source »

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