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...sent to the eastern front early in World War I. During a Russian attack in 1915, a Circassian cavalryman impaled Tito with his lance, nearly killing him; he spent 13 months in a Russian prison hospital. He was an inmate of the Kungur prison camp near Perm in 1917 when the news arrived of Tsar Nicholas II's abdication; citizens promptly freed Kungur's prisoners...

Author: /time Magazine | Title: World: The Maverick Who Defied Moscow | 5/12/1980 | See Source »

...First Perm's highflyer had been Bunting, its handsome and articulate chairman. In a wild roller-coaster ride starting in 1968, he tried to move the conservative regional bank into the same class as the major New York institutions with a go-go policy of risky venture-capital loans and high-yielding real estate deals. For a while the strategy worked. In five years First Penn led all banks with a healthy 16.4% return on equity. But the 1974-75 recession caught the bank overextended. Then, between 1976 and 1979, Bunting sank about 20% of the bank...

Author: /time Magazine | Title: Business: A Tale of Two Troubled Banks | 5/12/1980 | See Source »

...Yorker, it remains the foremost showcase for serious fiction and poetry in the U.S. Among recent contributors: John Earth, Bernard Malamud, John Updike, Joyce Carol Gates and John Gardner. The March issue features an essay by Archibald MacLeish, a memoir by Isaac Bashevis Singer and a poem by Robert Perm Warren...

Author: /time Magazine | Title: Press: New Cash for an Old Bostonian | 3/17/1980 | See Source »

...what Chrysler wants. In 1971 Lockheed was rescued with a federal loan guarantee for $250 million of its private debt. But that cost the taxpayers nothing, and by the time the Lockheed loans were paid off in 1977, the Government made a profit of $31 million in fees. Perm Central's plea for a handout in 1970 was ignored, and the Government stood by while the company went bankrupt...

Author: /time Magazine | Title: Business: Chrysler's Cry | 8/13/1979 | See Source »

Delegates who checked the wire-service tickers in the press room of Belgrade's imposing new $30 million conference center could glean what the minister had in mind. On the conference's opening day, prisoners in Soviet camps and jails in Perm, Mordovia and Vladimir, east of Moscow, sought to draw attention to their plight by going on hunger strikes. In various Communist and Western countries, demonstrators organized protests or stood in silent vigil in support of human rights. When 15 women from nine countries appeared in Belgrade to demonstrate on behalf of Soviet Jews, the Yugoslav security...

Author: /time Magazine | Title: FOREIGN RELATIONS: Human Rights: Confrontation in Belgrade | 6/27/1977 | See Source »

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