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...huge question mark, however, still hangs over Ford: the $2 billion debt load built up during the lean years. Says Auto Industry Analyst Ann Knight of Paine Webber Mitchell Hutchins: "They can dig their way out of it, but the deterioration of their balance sheet is cause for concern." Yet after all those recent bad years, Ford is not thinking too much about the debt. With a few good years, the company could pay off its old loans-and more...

Author: /time Magazine | Title: Ford Zooms into the Fast Lane | 7/18/1983 | See Source »

...signed on with Eddie Murphy Productions as an all-purpose aide-de-camp. "I'd been laid off from my job," Lawrence recalls, "and Eddie asked me if I wanted to work for him. I love Eddie for it and I always will. I'm like his Knight of the Round Table. I'll serve him till...

Author: /time Magazine | Title: Show Business: The Good Little Bad Little Boy | 7/11/1983 | See Source »

Sotheby's sees Taubman as a White Knight who will fend off an unfriendly takeover attempt by two other wealthy Americans, Marshall Cogan and Stephen Swid. Cogan and Swid head General Felt Industries, a New Jersey maker of carpet backing, and Knoll International, a manufacturer of office furniture. The two, both art collectors, acquired 29.9% of Sotheby's stock and announced that they wanted to buy the rest. Sotheby's was apoplectic. Chief Executive Graham Llewellyn threatened to "blow my brains out" if the bid succeeded, and Sotheby's staff of experts in London warned they...

Author: /time Magazine | Title: White Knight | 6/27/1983 | See Source »

Regaining that sense of being in control is the principle behind another psychological technique designed to aid cancer patients. Devised by Fort Worth Radiologist Carl Simonton, the method requires the patient to imagine his tumor cells being hunted down and devoured by white-knight-like defender cells. Bizarre as it seems, the technique

Author: /time Magazine | Title: Stress: Can We Cope? | 6/6/1983 | See Source »

...contest of wills between Luke, the last of the Jedis, and the black-caped, black-masked Darth Vader. Yoda, the 900-year-old Jedi master from The Empire Strikes Back, reappears to confirm what Luke feared most: Darth Vader is indeed his father, a former Jedi knight who was seduced by the evil Emperor and turned to the "dark" side of the Force, to hate rather than to love. Luke will never be a real Jedi, Yoda says, until he has confronted his father. At the end, the Emperor himself, a wizened, glowering old man in a sorcerer's cloak...

Author: /time Magazine | Title: Great Galloping Galaxies! | 5/23/1983 | See Source »

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