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...make any such aid effective. That divergence will be pointed up at the conclusion of the summit conference of the G-7 (the Group of Seven major industrial and financial powers) in London on July 15-17. The group last week formally invited Gorbachev to meet with them immediately afterward. He will then make his pitch for massive aid, and the seven undoubtedly will press him for assurances of fundamental change. They probably will get unsatisfactory answers -- except in the unlikely event that they can persuade him to adopt Yeltsin's program...

Author: /time Magazine | Title: Soviet Union: Boris Looks Westward | 6/24/1991 | See Source »

...week, Time Warner shares dropped 25 points, to under $95. "They're calling upon the shareholders to buck up and pay down the company's debt," griped Michael Kupinski, a communications- industry analyst. "Why take the risk? You're not going to know what you have to pay until afterward." Others appeared to disagree, including Gordon Crawford, a money manager at the Los Angeles-based institutional holder Capital Group, which owns 12% of Time Warner's stock. "It makes long-term sense for the company, and we will likely subscribe," Crawford told the Wall Street Journal...

Author: /time Magazine | Title: Corporate Finance: A Novel -- and Complex -- Offer | 6/17/1991 | See Source »

...recipients. How will children react in later life to being conjured up and used in this way? Consider the case of Michelle Kline, a contestant in the 1989 Miss America contest, who received a kidney from her brother 19 months before the pageant. She would not speak to him afterward, although they later reconciled. "The sense of having part of her brother inside her created tremendous tensions," says Renee Fox, a medical-sociology professor at the University of Pennsylvania. The tyranny of the gift: "It was a feeling of overwhelming debt that she could not repay." Conversely, one kidney donor...

Author: /time Magazine | Title: When One Body Can Save Another | 6/17/1991 | See Source »

...subtle and damaging effect on the trial itself. Witnesses may be more reluctant to testify, for example, if they know they will be seen on the nightly news by their neighbors. Seth Waxman, a Washington attorney who represented a white- collar defendant in one televised trial, says that jurors afterward made it clear that TV had had an impact; one juror said a witness seemed less credible because she kept nervously glancing at the camera. Argues Waxman: "Any extraneous factor that complicates the fact-finding process ought not to be allowed...

Author: /time Magazine | Title: Justice Faces a Screen Test | 6/17/1991 | See Source »

...invitation from Leonard Bernstein to attend one of the performances of Composition Mass at the Boston Opera House," says Fletcher. "I Invited Lana to go with me, and she completely charmed him. There was a reception afterward and, when we left, he said, 'Todd, she's beautiful. Don't let her get away...

Author: By Maya E. Fischhoff, | Title: Luck and the World Smile Upon Her | 6/6/1991 | See Source »

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