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That "monster" was largely the creation of Geneen, who became ITT's president in 1959 and chairman in 1964. He took what was basically a telecommunications company and transformed it into a vast empire that Author Anthony Sampson dubbed the Sovereign State of ITT. Says Felix Rohatyn, who as an investment banker with Lazard Freres helped put ITT together: "Under Harold Geneen, ITT was a company that essentially knew no limits. He thought anything was manageable." The result was a corporation that in 1979 had 370,000 employees in more than 100 countries. Among its multitude of ventures...

Author: /time Magazine | Title: An Incredible Shrinking Giant | 1/28/1985 | See Source »

...proposal is an attempt to forge a compromise between two groups: the Kanaks, who make up a minority (42.5%) of the population of 145,000, and the caldoches and Asian and South Pacific immigrants, who are in the majority. Under the Pisani plan, New Caledonia would become a sovereign nation but remain "associated" with France, which has ruled it since 1853. Political representatives of the French settlers have already rejected the plan because, they claim, it would give the Kanaks effective control. Machoro's death also turned moderate Kanaks against the proposal. "We will stay open to discussion...

Author: /time Magazine | Title: France Surprise Trip: Mitterrand flies into trouble | 1/28/1985 | See Source »

...disturbances came just four days after the island had received a long- awaited independence proposal from the French government. In a television address, French Special Envoy Edgard Pisani outlined a plan under which New Caledonia would become a sovereign nation, yet remain bound to France by a special "treaty of association." The proposal was a compromise over a vexing issue: although the Kanaks were the original inhabitants of the territory, 930 miles east of Australia, they represent only 42.5% of the current population of 145,000. In their fight for independence, the militant Kanak Socialist National Liberation Front boycotted territorial...

Author: /time Magazine | Title: New Caledonia Pacific Violence | 1/21/1985 | See Source »

JEWEL IN THE CROWN (PBS). With understated urgency, this 14-week series (which runs until March) sketched a sovereign vision of the long, sad twilight of the British raj in India...

Author: /time Magazine | Title: Video: The Best of 1984: Video | 1/7/1985 | See Source »

...This is, for all the world's unbelievers, the true account of Big Mama, absolute sovereign of the Kingdom of Macondo, who lived for 92 years, and died in the odor of sanctity one Tuesday last September, and whose funeral was attended by the Pope...

Author: /time Magazine | Title: Books: Fragments of a Fabulous World | 12/31/1984 | See Source »

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