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...keeping the business selective and, for many budgets, prohibitive. Faux-tortoise cases to coddle a new pair of frames are available for $50 (less flamboyant cases are available gratis, with purchase), and Peoples does the same kind of careful detail work that Coasters and fast trackers like to lavish on their cars. One Optec Japan staff member is employed exclusively to hand color each nose pad to look like tortoiseshell. Mr. Peepers may not have been able to afford anything in the store, but he would have been tempted. As for Mr. Peoples, gone these 50 years, he turns...

Author: /time Magazine | Title: The Eyes Gotta Have It | 7/10/1989 | See Source »

...House vote was a sharp blow to S & L industry lobbyists, whose lavish courtship of Congressmen fostered in the mid-1980s permissive legislation that is blamed for aggravating the thrift crisis. The industry fought to weaken the capital requirements in the current bill by pushing an amendment, sponsored by Illinois Republican Henry Hyde, that would have allowed S & Ls a regulatory hearing before they could be forced to comply with the new standards. Hyde, the industry's most vociferous advocate, is a leading recipient of S & L PAC contributions. After Bush threatened to veto the bill if capital standards were...

Author: /time Magazine | Title: Don't Touch My Bailout | 6/26/1989 | See Source »

...Perhaps the worst part of the current culture is the amount of time and attention elected officials lavish not on the general public but on people who can lavish money on them. Members of Congress take to calling their contributors friends. The confusion makes for some convoluted rationalizations. A friend, the reasoning goes, can cut a member in on a lucrative investment, treat him to a luxurious vacation and supply him with cash, not because he has an interest in a one-line amendment to a bill that will save his industry millions of dollars, but because he is, well...

Author: /time Magazine | Title: Have We Gone Too Far? | 6/12/1989 | See Source »

...With a lavishness that the Sultan of Brunei might envy, Disney threw a premiere party last week in Orlando to introduce its lavish movie theme park. It was a way of telling Hollywood, "Hey, guys, the magic is back. And we brought it. To Florida." The new attraction at Disney World is the golden Mouseketeer cap on the head of Chairman Michael Eisner...

Author: /time Magazine | Title: Time Magazine Contents Page Vol. 133 No. 19 MAY 8, 1989 | 5/8/1989 | See Source »

Poor Wall Street. In a slide that began with the stock-market crash 18 months ago, the get-rich-quick go-go years have faded into memory. No longer do brokerages open branches in every mall or freely lavish six-figure salaries on young talent. Gone are many of the yachts and the black-tie dinners -- along with more than 8% of the 260,000 employees who worked in the U.S. securities industry before the collapse. And despite the cost cutting, a fresh wave of gloom rolled through investment houses last week. Even as the Dow Jones industrial average surged...

Author: /time Magazine | Title: Roaring '80s Turn Grinding '90s | 5/1/1989 | See Source »

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