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Elegant, who draws on the tradition of the John Gunther series that included | Inside Europe Today, is tirelessly entertaining. His recollection of Indonesia under the demagogic strongman Sukarno casts history as comedy. His chapter on Australia is a lesson on how charm, wit and isolationism cannot save a country from the effects of economic lassitude. Nevertheless, the book is flawed by a few of the author's quirks. He tries to imbue various transliterations of China's capital with poetry, alternating "Peking" (for the citadel redolent with the imperial past) with "Beijing" (for the colorless communist metropolis...

Author: /time Magazine | Title: Books: Confucius Says | 4/23/1990 | See Source »

While Nye says he has only succeeded in putting together one "very bad" chapter of his fiction work, critical acclaim is already pouring in for the professor's most recent scholarly work, called Bound to Lead...

Author: NO WRITER ATTRIBUTED | Title: Challenging The Rise and Fall of Paul Kennedy | 4/11/1990 | See Source »

...talking miniature (5-ft. 4-in.) movie mogul. De Laurentiis proceeded to lose nearly $200 million of their money in a grandiose and allegedly fraudulent attempt to build an entertainment empire. By 1988, after producing two dozen money-losing pictures in two years, De Laurentiis Entertainment Group filed for Chapter 11 bankruptcy...

Author: /time Magazine | Title: Star Of His Own Dubious Epic | 4/9/1990 | See Source »

...gear that he and his platoon carried are precisely itemized: a 26-lb. radio, an 8.2-lb. fully loaded M-16, a 20-lb. pack of necessities, including canteens of water. There are heavier burdens. The chapter "On the Rainy River" finds the narrator considering a dodge from the draft. It is set mainly at a fishing camp in Minnesota where young Tim can practically cast a line across to Canada. The scenery and tone suggest early Hemingway; the difference is that O'Brien's uncertain youth must still go to war before he can join a lost generation...

Author: /time Magazine | Title: Books: Need For Faces | 3/19/1990 | See Source »

...companies do not have to file for Chapter 11 to lure the new vultures. "There are many shades of failure," says Sanford Sigoloff, a turnaround specialist who runs the bankrupt U.S. operations of Australia-based Hooker Corp., which owns the B. Altman and Bonwit Teller department-store chains. Such troubled but solvent corporations as Wang Laboratories, the Lowell, Mass., computer maker that laid off more than 1,500 workers last year, have hired "workout" advisers to help pare down their debt. By pursuing a workout instead of bankruptcy, management can maintain control of the company and generally reorganize faster. "There...

Author: /time Magazine | Title: The Profits Of Doom | 3/19/1990 | See Source »

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