Word: sagas
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...saga of John Z. DeLorean is still unfolding, but the books are already starting to appear. Can the movie be far behind? Dream Maker (G.P. Putnam; 455 pages; $16.95) by Ivan Fallen and James Srodes was first in the stores. Due out next month is a more authoritative account by Detroit Journalist Hillel Levin, Grand Delusions (Viking; 336 pages; $15.95). Levin reveals that while DeLorean's sports-car company was heading toward insolvency, he charged the firm $78,100 for expenses in moving from Detroit to New York City, gave executives credit cards for Tiffany and "21" Club...
Thus ended the strange saga of Andrei Berezhkov, the 16-year-old son of a Soviet diplomat, whose brief disappearance for a nocturnal spin in his family's car had escalated from a police-blotter item to a diplomatic showdown between the superpowers. The reason: though he returned home under his own power ten hours later, both President Reagan and the New York Times had that day received letters, purportedly from him, requesting asylum. Kept hidden away by the Soviets for more than a week while they and U.S. officials sparred over how to handle the matter, Andrei finally...
...white colonial. Just as the homogenized family sitcoms of the '50s became emblems of that "decade, the Loud family's home movies may be the veristic vision of the polarized family of the '70s. So stay tuned, video voyeurs, for the next installment of the Loud saga. Say in ten years, when the prospective grandchildren are old enough to be interviewed. -By Richard Stengel
...accepting Greene's decision, AT&T has apparently ended the legal saga that began in 1974, when the Justice Department filed suit to break up the world's largest company (1982 assets: $148 billion). To settle that suit, AT&T agreed in January 1982 to spin off its operating companies, but since then Greene has called for many changes in the reorganization plan. For example, he ordered that the operating companies be allowed to use AT&T patents and to license them to any manufacturer of telephone equipment. This will mean that the operating units can line...
...continuing saga of Mary Cunningham and William Agee is amusing [July 4]. The games Cunningham played while she was at Bendix are certainly familiar to big businessmen. They have been playing them for years. It is hardly news when a corporate executive steals an idea from a subordinate and passes it off as his own. It becomes noteworthy only when a woman does...