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Ovitz, 43, has pursued power with the fierce concentration of a student of aikido, the Japanese martial art that he practices each dawn. "He's an economic samurai," says a colleague. Starting in 1975, when he and four young colleagues left the William Morris Agency to form their own firm...

Author: /time Magazine | Title: An Economic Samurai | 12/10/1990 | See Source »

Like Hughes, who made his name writing and directing adolescent stories such as The Breakfast Club and Ferris Bueller's Day Off, Columbus has an affinity for tales of the young told by the young (he directed Adventures in Babysitting and wrote Gremlins and Young Sherlock Holmes). "For this picture...

Author: /time Magazine | Title: Show Business: Home Alone Breaks Away | 12/10/1990 | See Source »

Though Iran-contra ranked as the most insidious scam of the mud-spattered '80s, not one of the eight convicted offenders has spent a night in jail. Last week a court ruling made it likely that the two key culprits, Oliver North and John Poindexter, would also see their records...

Author: /time Magazine | Title: Ollie North's Latest Laugh | 12/10/1990 | See Source »

How did the pair get into this charade in the first place? It was, according to the boys, something out of an MTV Oliver Twist -- "a pact with the devil," Pilatus explained. He and Morvan were living a marginal life in a Munich housing project when, in 1988, Farian offered...

Author: /time Magazine | Title: Music: Fans, You Know It's True | 12/3/1990 | See Source »

EDITORIAL OPERATIONS DIRECTOR: Oliver Knowlton

Author: /time Magazine | Title: Time Magazine Masthead: Dec. 3, 1990 | 12/3/1990 | See Source »

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