Word: lasts
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Dates: during 1980-1989
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...Frick Collection). At least one museum, the Getty in Malibu, Calif., with its $3.5 billion endowment and almost limitless spending power, seems unaffected by the rise in price. In May it was able to buy Pontormo's Portrait of a Halberdier at Christie's for $35 million and last week Manet's acridly ironic view of a flag-bedecked Paris street with a war cripple hobbling along it for $26.4 million...
South Africa's relatively few remaining segregated beaches are among the targets of the three-month-old "defiance campaign" being waged by black activists. But when State President F.W. de Klerk last week called on municipalities throughout the country to integrate their beaches, it was less a response to those protests than another move to make good his election promise of change...
...political revolution has discovered the fax revolution. Overseas sympathizers of China's student movement last spring quickly learned that the official news blackout could be effectively penetrated through the use of facsimile machines. They used faxes to get foreign press reports into China...
With a little help from Western publications, exiled dissidents are again employing fax technology to send their pro-democracy views into China. But last week authorities got the message and ordered all work units equipped with the machines to intercept the transmission of objectionable material...
...finances were not. His bid for Irises had been part of a consistent pattern: paying far too much for investments even though they were, as assets, sound. In 1987 he paid more than $700 million for Kerry Packer's TV stations in Australia. In the financial year ending last June, Bond's media firm posted a $34 million loss. Also in 1987, Bond paid more than $1 billion for the U.S. brewery G. Heileman, whose 1989 resale value is about half that...