Word: 1920s
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...company. Since he took over the top job in 1981, the sandy-haired chairman has been intent on revamping GM into an agile performer that can compete successfully against the Japanese. To reach that goal, he has been creating more daring deals than any of his predecessors since the 1920s, when Alfred P. Sloan Jr. welded a jumble of companies into the modern...
...four-term Governor of New York and 1928 Democratic presidential nominee, Alfred E. Smith was celebrated as an honest politician in a corrupt milieu. But a chapter deleted from the recently published autobiography of Thomas L. Chadbourne, a wheeling-dealing corporation lawyer, claims that during the 1920s Chadbourne gave Smith cash and stock options worth $400,000. The motive was high-minded: the payments were designed to augment Smith's $10,000-a-year Governor's salary so the Happy Warrior could live "without bread-and- butter worries." Chadbourne, who died in 1938, admits he was miffed when Smith later...
...Broadway play, Childhood, and recently did an off-off-Broadway performance of Arthur Honegger's oratorio Joan of Arc at the Stake. At the same time, she has two movies in the can: The Jagged Edge, a courtroom drama, and Maxie, a romantic comedy about a 1920s actress whose spirit materializes in the present. "I love doing comedy," enthuses Close, "and I love dressing up." But given the choice, as she has been, Close prefers the real stage to the chill of film. Her roots are in the theater, she says. "It gives me a chance to relate...
...both hardware and software will undoubtedly go on growing, and the industry is expecting a rapid recovery in 1985, but the ranks of the competitors are likely to keep dwindling. History shows that many new industries go through an exuberant expansion phase followed by a shakeout. In the early 1920s, there were at least 300 automobile companies in the U.S., but by 1960 the industry had consolidated into four big firms. If that pattern repeats in computers, only the savviest of the industry's current whiz kids will survive...
...searing and yet raucously funny story about the parents of a hopelessly retarded child, was nominated for three acting awards and for best revival. Ma Rainey's Black Bottom, a bitter and explosive recollection of racial prejudice that unfolds during a recording-studio session for a 1920s blues band, won three nominations, including one for best play...