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Disguised Blessing. The scarcity of mortgage money is greatest in Southern California, housing's No. 1 market. Lytton Financial Corp. has fired 70 employees and, like several other big S & Ls in the Los Angeles area, stopped accepting new loan applications. That could prove a blessing in disguise, because the 14-county area suffers from a glut of 80,000 unsold new homes and vacant apartments-a year's supply. As a consequence, while California S & Ls have a manageable 5% of their assets tied up in such money losers as delinquent loans and foreclosed property...

Author: /time Magazine | Title: Savings & Loans: House of Troubles | 6/10/1966 | See Source »

Cantos, Thirty Cantos. Marcel Proust, Du Cote de Chez Swann. Raymond Radiguet, Le Diable au Corps. Arthur Rimbaud, Les Illuminations. Antoine de Saint-Exupery, Vol de Nuit. Jean-Paul Sartre, La Nausee. Edith Sitwell, Collected Poems. Stephen Spender, Ruins and Visions. Wallace Stevens, Harmonium. Lytton Strachey, Eminent Victorians. J. M. Synge, The Playboy of the Western

Author: /time Magazine | Title: Books: CONNOLLY'S HUNDRED | 3/25/1966 | See Source »

...eclectic world of arts and letters. Though he remarked that economists should be humble, like dentists, he enjoyed trouncing countesses at bridge and Prime Ministers at lunch-table debates. He became a leader of the Bloomsbury set of avant-garde writers and painters, including Virginia and Leonard Woolf, Lytton Strachey and E. M. Forster. At a party at the Sitwells, he met Lydia Lopokova, a ballerina of the Diaghilev Russian ballet. She was blonde and buxom; he was frail and stoop-shouldered, with watery blue eyes. She chucked her career to marry him. His only regret in life, said Keynes...

Author: /time Magazine | Title: The Economy: We Are All Keynesians Now | 12/31/1965 | See Source »

Picasso & Pop. The museum was a triumph of individualistic donations. Its pavilions were named for their donors, the late realtor Leo S. Bing, Bankers Bart Lytton and Howard Ahmanson, who laid out a total of $3,675,000. Industrialist Norton Simon gave a $250,000 wad as well as a loan of $15 million in art treasures. From the movie colony (Billy Wilder, Bob Hope and Burt Lancaster) came a flood of art from Picasso to pop. Capping it all was Simon's loan of the $2,234,400 Titus by Rembrandt. To keep the floodgates open, the trustees...

Author: /time Magazine | Title: Museums: Broken Harness | 11/26/1965 | See Source »

...Lytton Society Ardmore...

Author: /time Magazine | Title: Letters: Jun. 25, 1965 | 6/25/1965 | See Source »

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