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When Frank Lorenzo flew Eastern Airlines into bankruptcy court last year, he vowed to bring the carrier out stronger than ever. But strikebound Eastern has lost $1.2 billion since then, and Lorenzo has proved unable to reach an agreement with Eastern's creditors. To break the deadlock, a U.S. bankruptcy judge in Manhattan last week named airline-industry veteran Martin Shugrue to serve as trustee for the troubled Eastern. While Lorenzo's Texas Air company will continue to own Eastern, Lorenzo will have no say in the airline's management during the bankruptcy proceedings. Shugrue, 49, who will...

Author: /time Magazine | Title: AIRLINES: This Is Your Pilot Speaking | 4/30/1990 | See Source »

...long ago, Greyhound's ironfisted tactic would have seemed overly harsh. Just last year, Texas Air chief Frank Lorenzo faced withering criticism for hiring replacements soon after Eastern Air Lines machinists went on strike. But in the past few years the same technique has been used against flight attendants, printers, papermill employees, restaurant workers and others -- both in the public and the private sector. In West Virginia some 15,000 teachers went on strike two weeks ago in a dispute over pay raises. Last week Governor Gaston Caperton suggested that county officials should begin firing the teachers and replacing them...

Author: /time Magazine | Title: Labor Draws An Empty Gun | 3/26/1990 | See Source »

...Emanuel Ax will tour four cities with his cello-and-piano sonata in May. Casino Paradise (an opera about a gangster "that's more or less like a musical") premieres in Philadelphia in April. Other coming works: a "baby opera" about Mozart's librettist Lorenzo da Ponte; a song cycle of poems by American women for Marilyn Horne; and a clarinet concerto for Stanley Drucker and the New York Philharmonic...

Author: /time Magazine | Title: Music: Where The Old Joins the New | 1/29/1990 | See Source »

...were when Fred Brown threw the ball to James Worthy and got a consoling hug from John Thompson. When Brown got a victory hug two years later. It was when Akeem wallowed in misery on the floor in Albuquerque, after Lorenzo Charles slammed home his answer to the Derek Whittenburg prayer. As big an upset as Villanova's, two year's later...

Author: By Theodore D. Chuang, | Title: Daddy? What Were Sports in The 80s Like? | 12/15/1989 | See Source »

...single most dangerous occupation in the country. In its early days, the UMWA led miners against the unrestrained vigor of the fiercest union-busting efforts that American industry has ever attempted. Before the days of a powerful UMWA, miners suffered working conditions and company oppression that make Frank Lorenzo's Eastern seem a socialist utopia...

Author: NO WRITER ATTRIBUTED | Title: UMWA, Yes! | 10/16/1989 | See Source »

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