Word: musts
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Dates: during 1970-1979
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TIME has learned that since last November the Securities and Exchange Commission has been quietly investigating Firestone. In a thrust that could be applied to other companies, the SEC is weighing whether firms must report to shareholders actions that officers know might risk civil penalties-such as discharging pollutants or making faulty products. Thus the SEC is interviewing Firestone officers and probing company records to see whether top executives knew about and should have disclosed the 500's problems much earlier...
...nice things about foreign investment. When opponents condemned him as the "high priest of capitalism," Jayawardene blithely replied: "Let the robber barons come." Though his United National Party won that election by a landslide and last month again sent his political opponents down to defeat in local elections, he must still tread cautiously. The lifting of controls and the doubling of economic growth to 6%, together with higher oil prices, have sent inflation soaring to 17% or more. In a country where the per capita income remains below $200, rising prices particularly hurt those who have yet to benefit fully...
There are almost no precedents in earlier art for Chardin's extraordinary blend of intimacy and decorum; and to find anything like it in later painting, one must go forward a century to impressionism, without often finding its equal there...
Unlike wine, great poems do not require aging. But they must wait for an audience to grow up to them. While this process takes place, another pleasure is promised. Mirabell foretells a concluding sequel, when the angels themselves will speak. Since Merrill, 53, already writes like one, it will be hard to wait for what they have to say. NATURAL HISTORIES by Leslie Ullman Yale University; 53 pages; $8.95 hardcover, $3.95 paperback
...Western Europe for a thousand years. The medieval traveler making his way from one feudal barony to another navigated in hostile passages, always uncertain of refuge, as if a gargoyle Karl Maiden flapped after him, haunting him with visions of disaster. Some people setting off on vacation this season must believe that they have now arrived at a 20th century equivalent: a late Sunday afternoon on the American open road, the long procession of gas stations relentlessly shut down and the gauge's needle sinking like the setting sun toward Empty. If at last a gas line appears, winding...