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...weeks ago, the Sotheby's board flatly rejected a $90 million tender offer made by Marshall Cogan and Stephen Swid through their company, Knoll International Holdings. Based in Saddle Brook, N.J., Knoll is part of a conglomerate that makes office furniture and carpet backing. Echoing their management's disdain for the Americans, Sotheby's art experts have threatened to quit en masse if the takeover occurs...

Author: /time Magazine | Title: Hot Ice | 5/2/1983 | See Source »

...Mass in San José, the Pope gleaned hints of the difficulties he would face the next day in Nicaragua, where both the church and its followers are deeply divided over the policies of a revolutionary government. A group of 300 Nicaraguan exiles kept a silent vigil on a grassy knoll, holding up banners denouncing the Sandinista regime. Said one: IN NICARAGUA RELIGIOUS PERSECUTION EXISTS! Another, referring to harassment of early Christians in Rome, read: NO CATACOMBS IN NICARAGUA! Though Nicaragua's Catholic leaders supported the overthrow of the Somoza dictatorship, moderate clerics have now grown wary of Sandinista-supported efforts...

Author: /time Magazine | Title: Central America: To Share the Pain | 3/14/1983 | See Source »

...excess was the promotion of nifedipine, a heart medication marketed by Pfizer Inc. under the brand name Procardia. Introduced with a splashy campaign after approval in January, the drug racked up $17 million in sales in twelve weeks, vastly outselling verapamil, a similar product marketed by the Searle and Knoll pharmaceutical companies. Late last month the FDA blew the whistle. In a ten-page letter issued to Pfizer, the agency complained that the Procardia campaign was "false and misleading in its overall message," and that by misrepresenting important warnings, it "increases the risk of serious adverse reactions to patients." Procardia...

Author: /time Magazine | Title: Medicine: Excess Marks the Spot | 9/27/1982 | See Source »

...ever had. [F.D.R.] just sat there and told me of some of what he regarded as the real problems facing the world now. I just couldn't get over thinking of what I was listening to, and then he would stop and say, 'You see that knoll over there? That's where I did this-or-that.' He would interrupt himself, you know. And we just sat there and looked...

Author: /time Magazine | Title: Books: Daring Rectitude | 7/19/1982 | See Source »

...strangest "arms bazaar" that TIME Correspondent Bruce van Voorst had ever seen was a collection of grimy peasant tents spread out on a dusty knoll outside the town of Mahabad, in the Kurdish mountains of western Iran. There, a clientele of mercenaries and international agents milled about, examining Israeli-made UZI automatics, Chinese and Soviet AK-47s, boxes of grenades, pre-World War II Czech-made Brno rifles and spanking new U.S. Colt .45 automatics. "For the serious customer," says Van Voorst, "a salesman would casually discharge a few rounds into a nearby hillside...

Author: /time Magazine | Title: A Letter from the Publisher: Oct. 26, 1981 | 10/26/1981 | See Source »

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