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Troubles became clear last March, when Baldwin announced it was unable to pay $440 million in short-term debt. Baldwin negotiated a tide-me-over plan with its lenders, and Thompson was replaced in May by Victor Palmieri, the corporate-rescue specialist who had revived Penn Central. Said Palmieri last week: "Things at Baldwin were more confused than anyone could have imagined. A video-game designer would have had a hard time matching the company's organization chart...

Author: /time Magazine | Title: Mournful Music | 10/10/1983 | See Source »

...used to his overly reasonable approach to subject where intellectualizing is completely inappropriate. Only rarely does Rockwell take the bull by the horns and confront the reader with a controversial statement. One case in which Rockwell does reach for eloquence is in his essay or. Latin musician Eddie Palmieri, one of his finest chapters. He writes...

Author: NO WRITER ATTRIBUTED | Title: The Beat Stops Here | 4/19/1983 | See Source »

...Prato, and the town's artisans easily cross it. Twin brothers Enrico and Franco Rosati resigned from a family business in 1967 and founded their own company to produce carded wool. The twins' $24,000 investment has blossomed into annual sales of $40 million. Francesco and Rosa Palmieri moved north from Sicily 35 years ago and became itinerant clothing peddlers. Now they and their four children, with their spouses, own and work at a family firm whose sales have soared in ten years from...

Author: /time Magazine | Title: Italy: Land of Woe and Wonder | 12/21/1981 | See Source »

Ronald, 22, is a dedicated and disciplined professional at an age when his siblings were still searching for direction. He is also impetuous. Last November Ron surprised his parents with his sudden wedding to live-in Girlfriend Doria Palmieri, 29, a literary researcher. Four years earlier he had stunned them by dropping out of Yale to become a ballet dancer. And last month he created a stir by informing New York magazine that he would not shake hands with Jimmy Carter at the Inauguration because the President "has the morals of a snake." Said Ron: "I will never forgive...

Author: /time Magazine | Title: Four Reagans Used to Going Their Own Ways | 1/5/1981 | See Source »

...supreme court for a civil ceremony, he in jeans and red sweatshirt, she in scarlet cowboy boots, black sweater and slacks. Then it was back to the barre for Ronald P. Reagan, 22, a Joffrey II dancer, who has been rooming for more than a year with Doria Palmieri, 29, a California-born literary researcher. The impromptu wedding, attended by one friend and a Secret Service agent, "seemed like the right thing to do," said the groom. He informed the elder Reagans a few hours before, but, he explained, "I didn't ask my parents to attend because they...

Author: /time Magazine | Title: People, Dec. 8, 1980 | 12/8/1980 | See Source »

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