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Officials of the Justice Department's antitrust division could not recall any other boss of so large a business who wound up in prison. But if Stanley Baker, head of the antitrust division, gets his way, Brown's case will be no fluke. Under Baker, a record 90 grand juries around the U.S. will probe charges of price fixing in various industries. Baker, as one of his assistants notes, sought the sentences against the carton executives "to drive home the point that price fixing is a serious crime." The clear implication: some other executives could join...

Author: /time Magazine | Title: CRIME: Jail for Box Bosses? | 12/13/1976 | See Source »

When benevolent Tycoon John Beresford Tipton passed out checks in the 1950s television series The Millionaire, the recipients wound up with a cool $1 million tax free. No such luck awaits the million-dollar winners of state lotteries. Though the lottery commissions hardly emphasize the fact, they arbitrarily dole out their millions in installments of $50,000 a year over 20 years, all of it taxable. A winner with no other earnings to boost his tax rate further will end up with, at best, about $30,000 a year. In short, what you see emblazoned on the ticket...

Author: /time Magazine | Title: Modern Living: THOSE WINNING WOES | 12/6/1976 | See Source »

Last year's residents expressed their feelings of isolation with T-shirts acidly inviting their classmates to "Visit the Exotic Far East: See the Union Dorms." Of course, visitors were rare, and the students usually wound up journeying westward, desperately prowling the Yard or living the good life at Father's Six. But this year's group seems perfectly content to stay put. "People here don't go to the Yard dorms--except to steal their toilet paper and stuff like that," boasts F. Douglas Raymond '80. "On weekends we may take a turn around the Yard, but usually...

Author: By Francis J. Connolly, | Title: 'Boys and Girls Together...' | 12/3/1976 | See Source »

...movie is a pop fresco of L.A. set over the course of a recent Christmas time, sweeping across the people who come and go, get stuck, stay. The plot-a nicely engineered collision of characters, all of whom are somehow related-is framed around a wound-up musician named Eric Wood (Richard Baskin) and his flailing efforts to finish a record album. Wood's music bears all the other characters along. Carroll Barber (Keith Carradine), who wrote some of the tunes that Wood records, is an itinerant composer called back to L.A. by his agent (Viveca Lindfors...

Author: /time Magazine | Title: Cinema: Lost Angeles | 11/22/1976 | See Source »

...Gerald Ford, 45% to 42%. That lead was precisely the margin by which the Democrat, according to nearly complete returns, won the popular vote (51% to 48%). George Gallup continued polling until three days before the election and gave Ford an edge of 47% to 46%. Louis Harris wound up a day later and found Carter ahead by 46% to 45%. Given the standard 3 point margin for error, all three polling organizations did well in detecting a close race...

Author: /time Magazine | Title: HOW THE POLLS DID | 11/15/1976 | See Source »

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