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While Calvi was being prosecuted for the illegal export of capital, police raided the sumptuous Arezzo villa of Licio Gelli, a Tuscan-born businessman with financial and right-wing political links to South America who served as Grand Master of a Masonic lodge known as Propaganda Due, or P2. Police found Calvi's name, along with those of other prominent Italian and South American politicians, military officers and businessmen (including Sindona), on the secret membership list. P2 was trying to support anti-Communist movements in South America and subvert the Italian state by taking control of its institutions through...

Author: /time Magazine | Title: Italy: The Great Vatican Bank Mystery | 9/13/1982 | See Source »

...Balmain's wish to be timeless rather than trendy, elegant rather than eclectic. "In this heady adventure," he once said of designing, "the most difficult thing is not to be extravagant, but to strip oneself down and know when to stop.'' His only excesses were his sumptuous ball gowns. Creator in 1953 of Jolie Madame perfume, Balmain worked from his hospital bed on his final collection, which will be on the Paris runways July...

Author: /time Magazine | Title: Milestones: Jul. 12, 1982 | 7/12/1982 | See Source »

...sumptuous spectacular, the high theater that Ronald Reagan thrives on, with all the world as his stage. Meetings with six world leaders at the stunning Versailles Palace of Louis XIV. Gracious toasts at glittering dinners. Statesmanlike reaffirmations of Western unity. And of course, as always with Reagan, affable banter with foreign politicians and American reporters alike. On the personal level, the President's Grand Tour of Europe got off to a heady start last week in France. Reagan displayed the same style and charm that has disarmed friend and foe at home...

Author: /time Magazine | Title: Summitry with Style | 6/14/1982 | See Source »

There are certain ironies in holding the economics summit at Versailles. The most sumptuous château in France is a monument to royal extravagance. Twice in this century, Versailles has been rescued from near ruin only by generous infusions of American cash...

Author: /time Magazine | Title: The Crown Jewel of Europe | 6/7/1982 | See Source »

...getting, preserving and enjoying of all this cash between 1952 and 1967 provided comic books with some of their greatest characters and grandest adventures. The eleven vintage stories collected in this sumptuous volume, along with a new yarn and a signed, numbered lithograph, are strong evidence that Scrooge and his creator Carl Barks belong in the great mainstream of American folklore...

Author: /time Magazine | Title: Books: The Duck with the Bucks | 5/17/1982 | See Source »

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