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...politics were pitching, Caliguiri would be called sneaky fast. In 1977 maverick Mayor Peter Flaherty quit to take a job in the Carter Administration. As city council president, Caliguiri automatically became interim mayor; an Italian immigrant's son and home-town boy, he got his first city job, as he puts it, as "a grunt in the parks department." In return for six months in the municipal limelight, Caliguiri promised Democratic bosses that he wouldn't run for a full term. Or so they understood. Shortly after the primary, lifelong Party Regular Caliguiri turned uppity and declared himself...

Author: /time Magazine | Title: Quiet Skills of an Unbeatable Grunt | 6/15/1981 | See Source »

Innovation and aggressive courting of new clients have always been hallmarks of Merrill Lynch. The pace was set in the early 1940s by the firm's founder, Charles Edward Merrill.* While other brokers often relied on social ties and recruited their customers at cocktail parties, Merrill was a maverick who introduced mass merchandising to the stock market. He wooed Middle America by abolishing service charges, slashing markups on many stock trades, and running lively advertising campaigns in national newspapers and magazines. A sample slogan from a Merrill Lynch ad, circa 1940: "Hats off to a smart little housewife!... When...

Author: /time Magazine | Title: Running the Bulls | 6/8/1981 | See Source »

...there). Not surprisingly, a life of this variety yields a wealth of anecdotes and portraits told in his characteristicly elegant manner. Galbraith's insights into the characters of the famous men of the era are few, but he profiles several lesser-known individuals to delightful effect. Henry Dennison, a maverick New England business mogul of the 1930s and Leon Henderson, Galbraith's Hemmingwayesque superior at the OPA stand out particularly...

Author: By Jeffrey R. Toobin, | Title: The Time of His Life | 6/2/1981 | See Source »

...year ago this week, Media Maverick Ted Turner launched his Atlanta-based Cable News Network, a pioneering 24-hour, all-news channel that feeds cable systems nationwide via satellite. A few days later, local station WPIX-TV in New York City started Independent Network News, using a satellite to bounce a daily prime-time national news show to local stations across the country. Says INN News Director John Corporon: "The bird has changed all the rules so that the independents can play in the game." Indeed, industry experts say that CNN and, to a lesser extent, INN, are largely responsible...

Author: /time Magazine | Title: Press: Two Upstarts vs. the Big Three | 6/1/1981 | See Source »

...plays Lee Winters, a former film star and the widowed heiress to a petrochemical empire. He portrays Hub Smith, a gutsy, maverick banker and corporate troubleshooter. Together they embark on a daring financial scheme with, you guessed it, international repercussions. The plot for the film Rollover, due to be released in December, is made even more intriguing by the presence of Co-Stars Jane Fonda (The China Syndrome, Coming Home) and Kris Kristofferson (A Star Is Born; and this week's re-released Heaven's Gate), who do not ordinarily play corporate types. Still, the actress came prepared...

Author: /time Magazine | Title: People: Apr. 27, 1981 | 4/27/1981 | See Source »

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