Word: splashed
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Dates: during 1970-1979
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...dwarfing the $250 million Lockheed loan guarantee of 1971, is designed to save from bankruptcy the nation's third largest automaker and tenth ranking manufacturer (1978 sales: $13.6 billion). With Chrysler's losses mounting daily, its 1979 deficit is almost sure to exceed $1 billion, the gaudiest splash of red ink in U.S. corporate history...
Guerlain spent more than $10 million to launch its first new perfume since 1975, and it will doubtless make a similar splash when it brings the pricey ($85 per oz.) fragrance to the U.S. next year. Nahema's debut was one of the biggest barrages in a war of dollars and scents being waged by French perfumers this fall: more than 20 new fragrances are coming out, and most will carry the names of well-known fashion houses, including Balenciaga, Courreges and Balmain...
DIED. Sonia Delaunay, 94, pioneering modernist painter and seminal designer of the art deco look; in Paris. Ukrainian-born Sonia Terk moved to Paris in 1905 and made a splash as an innovative colorist. In 1910 she married Cubist Robert Delaunay, whose work and thought came to overshadow and fuse with her own. While her painting made its mark only after his death in 1941, she established herself in the '20s by applying abstract principles of color and geometry in designing books, ceramics, costumes for Serge Diaghilev and fabrics for Coco Chanel...
...even less. Viewers can judge for themselves next fall when they watch Holden in The Earthling, a tale about an Australian bat-around-the-world who finally comes home to die. He stops along the way to take a beefcake bath-or in Holden's case, a sirloin splash-in an Australian stream. He also encounters Child Star Ricky Schroder (The Champ), who at nine has just lost mother and father in an automobile crash. What happens next is tearjerking. It also includes kangaroos and wallabies...
...wealthy liberals who are taking a "top-down" approach in general. But co-chair Harriet Barlow says the "organizing of the party is entirely open." The party will nominate the presidential candidate at a convention next March. The strategy now is to make a splash in the press with the presidential campaign in 1980, continue organizing at the local as well as national level for the next four years, and then go for broke in 1984. Organizers say their biggest immediate problem is maneuvering onto the ballot in each of the 50 states...