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...Senators, tycoons and Third World dictators. But here the big story and intrigue are inside TV itself -- the takeover of a network very much like CBS, where Katz was executive producer of the Morning News from 1983 to 1985. The corporate raider is compounded in equal measure of Donald Trump, CBS chief executive Laurence Tisch and a handful of other hardball players from the headlines. Katz's hero is a work-obsessed producer who undergoes a classic mid-life crisis in which he questions the value of ambition, propositions a female colleague, visits a prostitute, loses his job and realizes...

Author: /time Magazine | Title: Working Lives: SIGN OFF by Jon Katz | 2/18/1991 | See Source »

Amid all the cheers, a few small doubts have been raised. "It's hard not to see in Lincoln Center's bicentennial gourmandizing a musical Trump Tower," Berkeley musicologist Richard Taruskin complained in the New York Times. The Economist was concerned that "the world will be in grave danger of suffering from surfeit." "Mozart will be everywhere," sighed the French weekly L'Express, "on posters, the radio, the front page . . . not to mention Viennese confections and chocolate Mozarts. Mozart wrote, 'I would like to have all that is good, true and beautiful.' Well, so he will and, alas, all that...

Author: /time Magazine | Title: Hats Off to A Genius! | 2/11/1991 | See Source »

Cash-strapped Donald Trump surprised all the experts last December when he came up with an $18.4 million bond payment on his Trump Castle casino in Atlantic City. At the time, Trump explained that the casino got an infusion of a "relatively small amount of money." Relative is right. The Wall Street Journal reported last week that Trump's 85-year-old father Fred, a megarich developer based in Brooklyn, dispatched a lawyer in December to buy $3 million worth of chips at Trump Castle, in effect giving Donald a loan. Last week the younger Trump would acknowledge only that...

Author: /time Magazine | Title: GAMBLING: Chips from the Old Block | 2/4/1991 | See Source »

Many of the biggest high rollers were New York City banks that lavished loans on everyone from Latin American dictators to Donald Trump. At the same time, they helped finance the 1980s real estate boom that has filled U.S. cities with vacant office towers and dotted suburbia with empty condominiums. "Citicorp was hurt the most," says Thomas Brown, a Paine Webber banking analyst. "Then come Chemical, Chase and Bank of New York...

Author: /time Magazine | Title: Pillars Of Sand | 1/14/1991 | See Source »

During the year, the symbolic targets of the '80s were shot down one by one: Donald Trump, Leona Helmsley, Imelda Marcos, Manuel Noriega, Michael Milken. Each comeuppance inspired an uneasy mix of glee and fear -- uneasy because we had so lately embraced the values of those whose falls we were cheering...

Author: /time Magazine | Title: Best Of '90's: Well, Hello to '90s Humility | 12/31/1990 | See Source »

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