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...understand Phil Mahre and his chances, one must consider Stenmark, who at 27, not far from the peak of his game, has been banned from Sarajevo for having the bad taste not to cover up his amateur income. For him, ski racing has always been a cold business. Since moving to untaxing Monaco four years ago and taking out a commercial license, he has profited by millions at the cost of his Olympic eligibility...

Author: /time Magazine | Title: Their Success Is All in the Family | 1/30/1984 | See Source »

George Frideric Handel. For almost 30 years, while the operatic vogue was at its peak, Handel was the unquestioned master of the form. Despite his historic eminence, however, he was neglected by the Metropolitan Opera until last week, when it finally staged Rinaldo...

Author: /time Magazine | Title: Music: Handel on the Stand | 1/30/1984 | See Source »

...Almsgiving from the population reached a peak during the religious holidays; but it was continual all through the year, and sometimes took the form of money handed to the convicts as they shuffled through the streets of Omsk in a work convoy. The first time Dostoevsky received alms in this way was 'soon after my arrival in prison.' A ten-year-old girl-the daughter of a young soldier, who had seen Dostoevsky in the army hospital when she came to visit her dying father-passed him walking under escort and ran back to give him a coin...

Author: /time Magazine | Title: Books: Crime and Punishment | 1/30/1984 | See Source »

...issues market arises when companies attempt to sell their stock prematurely. Founders, backers and investment bankers can be tempted to hurry their offerings in the rush to capitalize on rising prices and public enthusiasm. That situation occurred early last summer, when the prices of newly issued securities reached their peak. Observes Sanford Robertson, a founder of Robertson, Colman & Stephens, an investment-banking firm in San Francisco: "In the summer there was a lot of junk. There were a lot of things with too high a price and too low a quality...

Author: /time Magazine | Title: Making a Mint Overnight | 1/23/1984 | See Source »

...strongest dollar in years. Propelled by the high level of U.S. interest rates and concerns about political instability abroad, the dollar smashed records for three straight days. The U.S. currency reached alltime highs against the French franc, the Italian lira and the British pound, and a ten-year peak in relation to the West German mark. By the end of the week, a dollar was worth 8.59 francs, 1,700.25 lire and 2.8 marks. The pound cost only $1.40. The dollar's gains continued even though the U.S. Federal Reserve was selling greenbacks to brake the currency...

Author: /time Magazine | Title: What a Way to Start a Year! | 1/16/1984 | See Source »

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