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...return to the U.S., he reportedly tried without success recently to plea bargain with federal officials for a prison term of four to five years in exchange for a halt to the probe. The Justice Department turned down the deal. Now U.S. officials believe Rich may be preparing to abandon the U.S. forever. The globetrotting trader, who once lived in Madrid, is believed to have sought Spanish citizenship. But Spain might provide only temporary refuge. Eventually Rich may have to decide whether to face U.S. authorities or to spend his life on the run. - By Stephen Koepp. Reported by Bruce...

Author: /time Magazine | Title: Marc Rich's Road to Riches | 10/3/1983 | See Source »

Most college endowments are invested with far more caution than abandon--"prudence" is Cabot's favorite description--because the institutions will depend on them for money for generations into the future. But Harvard has received steady praise for its strategies of centralization and investing heavily in common stocks since the tenure of Treasurer George Putnam '49 began in 1973. With many universities searching for higher-yield investments after the inflationary years of the late '70s, Harvard has emerged as one of the heaviest and most diverse experimenters in the hunt for "modern" sources of funds...

Author: By David L. Yenmack, | Title: Innovative Investing | 10/1/1983 | See Source »

...United States must abandon its projectionist policies and increase its monetary aid to developing nations to spur worldwide economic recovery, the head of a major Asian bank said yesterday...

Author: NO WRITER ATTRIBUTED | Title: Asian Banker | 9/30/1983 | See Source »

...Soviet Union is well-equipped to match our forces. But such superpower considerations are almost secondary in the Nicaragua and Lebanon situations, where we possess crushing superiority. Reagan's record on use of this superiority received a healthy boost this summer; it is an approach he should not abandon...

Author: By Paul W. Green, | Title: Cruise Control | 9/28/1983 | See Source »

...Danton is cursed by unconsciousness, then Robespierre, played with icy power by Wajda's fellow Pole, Wojciech Pszoniak, is cursed by consciousness. He knows what he is destroying when he destroys Danton: passion and humanity, the soul of his revolution. But he cannot abandon his purity any more than Danton can abandon his passions. In ordering his rival's death, he knows he is ordering his own; henceforth all mistakes must inevitably be deadly ones, since not even he can live up to the standards of rectitude established in Danton's trial...

Author: /time Magazine | Title: Cinema: Revolution As a Performing Art | 9/26/1983 | See Source »

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