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...Citron, he remained at home and out of sight after surrendering his $100,000-a-year job and declaring that "what I did was not irresponsible in any manner, shape or form." When Citron's investment strategy came under attack earlier this year, Bert Scott, who heads the Orange County General Services Agency, said, "It's like he walked down the street, and someone just stepped in front of him and punched him in the stomach. This has taken him totally by surprise." Even more surprising, perhaps, has been the revelation that this shy, bespectacled public servant had this kind...

Author: /time Magazine | Title: The California Wipeout | 12/19/1994 | See Source »

...irony, of course, is that the layoffs that have bedeviled workers like those at Electric Boat are now providing job opportunities in service industries. Four years ago, accountant Greg Smith, 36, lost his $55,000-a-year position as an audit manager for a food-service firm that trimmed its payroll. After a succession of part-time work and other jobs, Smith joined the consulting firm Grossberg Co. in Maryland last summer as an auditor who sniffs out financial fraud for clients who have pared back their own accounting departments. Today Smith figures that between his salary...

Author: /time Magazine | Title: The New Service Class | 11/14/1994 | See Source »

...houses. The company has already hired armies of carpenters, electricians and other craftsmen to take the angst out of shopping as the do-it-yourself chain has expanded to more than 300 outlets. Home Depot went farther afield to hire Larry Wells, 43, who lost his $60,000-a-year job as an Eastern Airlines pilot when that carrier went out of business in 1991. A do-it-yourself remodeler, Wells started as a floor salesperson in Atlanta for less than a third of his pilot's salary and has since become a district installation manager. Of his current salary...

Author: /time Magazine | Title: The New Service Class | 11/14/1994 | See Source »

Shapiro would devote a quarter of the savings to deficit reduction and another quarter to middle-class tax relief in the form of a $710-a-year family tax credit per child. The remainder would be for programs to increase productivity and spark a rise in stagnating personal incomes. "We'd get enough to quadruple funding for infrastructure, basic research, and education and training programs," he says. "We could also expand the Administration's welfare-reform plan...

Author: /time Magazine | Title: The Political Interest: Clinton's Identity Crisis | 11/7/1994 | See Source »

...sodium amytal. Holly sleepily accused him of raping her, he said, and then Isabella and his wife Stephanie urged him to "confess" for Holly's good. The next day, Stephanie served Gary with divorce papers. Rumors of abuse reached the Robert Mondavi winery, where Ramona was a $400,000-a-year vice president. He charges that as a direct result he was dismissed within the year...

Author: /time Magazine | Title: Dubious Memories | 5/23/1994 | See Source »

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