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...Nelson Bunker Hunt...

Author: /time Magazine | Title: Big Bill for a Bullion Binge | 8/29/1988 | See Source »

...rate they are going, the Hunt brothers of Texas may lose so much of their fortune that they will be able to count what remains at the kitchen table. Just eight years ago, Nelson Bunker, 62, William Herbert, 59, and Lamar, 56 -- heirs of the legendary Oilman H.L. Hunt -- commanded a combined net worth of more than $5 billion. Since then their fortune has plummeted to $1 billion or less, and it could keep right on shrinking until they are no longer "big rich," as Texans refer to the truly wealthy. The brothers are fighting a complex and heated battle...

Author: /time Magazine | Title: Big Bill for a Bullion Binge | 8/29/1988 | See Source »

What may deal the Hunt fortune a fatal blow is the fallout from the brothers' role in the great silver-price boom and bust of 1980. Thousands of investors who lost money in the debacle are suing the Hunts. On Saturday the brothers lost a civil case that could set an ominous precedent. A six-member federal jury in New York City found that the Hunts conspired to corner the silver market, and held them liable to pay $63 million in damages to Minpeco, a Peruvian mineral-marketing company that suffered heavy losses in the silver crash. Under federal antitrust...

Author: /time Magazine | Title: Big Bill for a Bullion Binge | 8/29/1988 | See Source »

...star-making performance in today's busiest leading-man career. The son of TV Icon Lloyd Bridges (Sea Hunt) and brother of Actor Beau (Heart Like a Wheel), Jeff made his screen debut at age four months. The Los Angeles native rolled through University High and a stint in the Coast Guard Reserve, and didn't decide to make acting a career until he had already appeared in six movies. Since then he has brightened 22 more with his surf's-up amiability and his bursts of flummoxed intensity. He has played a Texas teenager (The Last Picture Show...

Author: /time Magazine | Title: Cinema: How Bridges Fights Boredom | 8/15/1988 | See Source »

When David turned ten last year, he was finally old enough for a Nelson family ritual, deer hunting. He had waited impatiently for the birthday. David's father had not been allowed to hunt with his father until he was ten. The waiting and expectation give importance to the ritual. David and his father went up on Old Brammer Ridge to search for a buck with antlers big enough to be legal. "We got to where we's goin'," David remembers. "We couldn't find no deer." There were more deer when he was a boy, Larry told...

Author: /time Magazine | Title: Through the Eyes of Children: David, West Virginia | 8/8/1988 | See Source »

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