Word: lions
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Dates: during 1980-1989
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Sequestered now in a cutting room near London, Lean slices his $17.5 mil lion project to an epic but watchable 2½ hours, set for mid-December release. A few miles away, Snowdon contemplates his shots of those days in India. Lean is often called a craftsman, so who better to capture him at work than Snowdon, a no-nonsense photographer who shuns talk of art, but finds artful inflections in the vernacular of professional picture taking...
That, of course, is of paramount importance to both countries. While the Chinese dragon and the British lion have been warily circling each other, the world's third-largest financial center has responded to every shift in the bargaining like a sampan in a typhoon. As uncertainty over Hong Kong's future mounted, untold billions of dollars left the colony; foreign consulates have been flooded with visa applications from jittery locals, businessmen in particular. The value of the Hong Kong dollar fell 40% last year, as did the price of choice properties. The Hang Seng stock market index...
...today the institution is reclaiming its position as one of the world's great libraries, thanks to a new lion in its president's office. Vartan Gregorian, 50, a pudgy, bearded historian who bears more than a passing resemblance to Patience and Fortitude, came to his post as head of the system's four research and 82 branch libraries in 1981, after eight years as professor, dean and provost at the University of Pennsylvania. Born in Iran, Gregorian is an Armenian American who speaks Russian, Turkish, Persian, French and Arabic in addition to his first language, Armenian...
Tramiel, the former president of Commodore International, who built it into the leading home-computer manufacturer, will pay no cash for Atari but will pick up $240 million of the company's debts. He will also get rights to buy 1 mil lion Warner shares at $22 each, about equal to last week's price. Warner, which evidently believes that Tramiel can succeed where it failed, will hold onto a 32% stake in Atari...
...early 1990s, Israel's new fighter-bomber should be ready. Called the Lavi (young lion in Hebrew), the jet is touted by Israelis as the most potent in the Western world, complete with state-of-the-art weapons delivery systems and electronic warfare devices. Israel Aircraft Industries began designing the Lavi in 1980. After several U.S. firms turned down Israel's offer of a co-production deal, the Begin government approached the Reagan Administration. Eventually, Washington not only agreed to share U.S. technology with Israel but earmarked nearly $1 billion in development funds for the Lavi. When it finally comes...