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Rohatyn has put together some of the biggest deals in history. His first supermerger was in 1968, when he helped ITT acquire Hartford Insurance for $2 billion. Throughout the 1960s Rohatyn worked with ITT Chief Executive Harold Geneen, who built the company into one of the first powerful conglomerates and the ninth-largest industrial firm in the U.S. at the time. The ITT-Rohatyn deals included Continental Baking, maker of Hostess cakes, and Avis. In recent years Rohatyn's handiwork could be found in the Allied-Signal merger and the acquisition of Electronic Data Systems by General Motors. "Felix...

Author: /time Magazine | Title: Today Things Are Getting Badly Out of Hand | 12/23/1985 | See Source »

...billion worth of properties acquired during the 1960s and '70s. These range from a cigar company to a former site of Madison Square Garden in New York City. Says Chairman Martin Davis: "I just don't think you can manage all these businesses well." The ITT conglomerate that Harold Geneen put together in the 1960s is also being dismantled...

Author: /time Magazine | Title: Let's Make a Deal | 12/23/1985 | See Source »

...Angeles' name to the roster of the dozen or so American municipalities that have joined the sanctuary movement. Intended to show concern for the hundreds of thousands of Central American refugees now living in Los Angeles, the resolution controverts the Reagan Administration's policy of deporting them. Last week Harold Ezell, Western regional commissioner of the INS, went to Washington to propose cutting off Los Angeles' federal funds in retaliation. Ezell has some clout in the Administration through his friendship with Attorney General Ed Meese, but his superiors at INS were in no hurry to support his proposal...

Author: /time Magazine | Title: Los Angeles: Lashing Out At Sanctuary | 12/16/1985 | See Source »

...Downing Street has been the official home to British Prime Ministers since 1735. On the occasion of No. 10's 250th anniversary, the present occupant, Margaret Thatcher, 60, was hostess to her Queen, whom she welcomed with a deep curtsy, and to her five living predecessors: Lord Stockton, formerly Harold Macmillan, 91; Lord Home, ne Alec Douglas-Home, 82; Lord Wilson, once just Harold, 69; Edward Heath, 69; and James Callaghan, 73. After dinner, Queen Elizabeth, 59, joked that it was only the third time in 34 years she had been invited to No. 10. Said Her Majesty...

Author: /time Magazine | Title: People: Dec. 16, 1985 | 12/16/1985 | See Source »

First, the good news. The Red Raiders boast an offense that is virtually intact after last year's mediocre 9-12 ECAC campaign. Top scorer Gerard Waslen (14-5-19) is joined by Lowell MacDonald and Harold Duvall to form what should be a lively, if thin scoring corps. In addition, the return of Paul Jenkins and the arrival of four highly touted freshman ensures the Red Raiders will have a strong defense...

Author: By Matthew A. Saal, | Title: Paint It Crimson | 11/15/1985 | See Source »

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