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...charitable organizations." The Chois paid Ripinsky $22,500-the dealer's own fee was $1,350-for a collection of ancient art. The collection consisted of an Egyptian funerary column, which was given to the Los Angeles County Museum of Art, and an Egyptian gold mask, plus 27 other items donated to the Art Museum at the University of California at Santa Barbara. Though the Chois had paid only $22,500, Ripinsky appraised the collection at a tax-deductible value of $94,000. The funerary column was appraised at $25,000. Ripinsky not only requested the museum to list...

Author: /time Magazine | Title: Cheating by the Millions | 3/28/1983 | See Source »

...sprints across the huge stage, towels off his crotch with his jacket, executes arabesques and aerobics, drapes himself in chiffon or Stars and Stripes or next to nothing. He sings too, though in the atrociously mixed 24-track audio, Jagger sounds as if he were shouting through a ski mask. The rest of the band sounds tired. But the Stones' geriatric groupies and their children, who made this tour a $35 million to $40 million bonanza, hold to their act of faith in the sustaining danger of oldtime rock 'n' roll. How does the song...

Author: /time Magazine | Title: Cinema: Rushes: Mar. 7, 1983 | 3/7/1983 | See Source »

Even a different government in Jerusalem would probably bring a change in tone rather than substance. The acrimony and strains of the Begin years have tended to mask a painful truth: the long-term interests and goals of the U.S. and Israel often diverge and sometimes clash directly. That does not mean that compromises cannot be explored or accords worked out. What it does mean is that the conflicting objectives make it incumbent upon both countries to be especially scrupulous about maintaining ties and to strive harder to understand each other. That has not been the case over the past...

Author: /time Magazine | Title: A Sadly Deteriorating Relationship | 2/21/1983 | See Source »

...cause of that fuss was the disappearance of two projection mask aligners (price: $250,000 each) made by Perkin-Elmer Corp. of Norwalk, Conn. The automobile-size machines, called Micralign 200s by Perkin-Elmer, are used in the manufacture of microcircuitry for everything from digital watches to missile guidance systems. Designed ten years ago, the equipment has since been superseded by more advanced models. Nonetheless, the Commerce Department has it on a list of equipment banned for export to Iron Curtain countries. Commerce analysts estimate that 70% of computer microchips made in the Soviet Union are turned out on Western...

Author: /time Magazine | Title: The KGB: The Missing Micraligns | 2/14/1983 | See Source »

Talking to a group of guidance counselors in Phoenix, A.C.M. President Charles Neff set out to dispel some myths about his region. The Midwest is not dull. It is not flat. "We do have woods and lakes and rolling hills," he said. His jocularity did not mask his mission. Said one of the counselors: "Any time someone serves you Bloody Marys and screwdrivers at noon, you know they're serious." Neff anticipated questions with a barrage of statistics: 58% of A.C.M.'s graduates find full-time employment within a year after graduation, 25% are enrolled in graduate...

Author: /time Magazine | Title: Education: Go Southwest, Small College | 2/14/1983 | See Source »

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