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...during the Suez crisis, Gallagher sat in the cockpit of an F-84 Thunderjet at England's Bentwaters Royal Air Force Base, an atom bomb fixed beneath his plane. On high alert, he waited for a single command to take off. His target was a Finnish airfield, presumably one the Soviets would otherwise use. "I don't think people realize how close we were ((to nuclear war))," he says. From 1958 to 1962, he was squadron commander of Outpost Mission, on call to rescue the President from nuclear attack; three years later he went to Mount Weather...

Author: /time Magazine | Title: The Doomsday Blueprints | 8/10/1992 | See Source »

Only once did the facility go on full alert -- on Nov. 9, 1965, when a power failure darkened much of the Northeast. Bourassa says he feared at the time that it was the result of a surgical nuclear strike. His order: "Report to base at once." The site's fleet of buses was dispatched to round up the 200- plus employees who lived in the area. Up until then, officials had feared that the staff would not report in because their family members would not be sheltered. But that day, more than 80% of the staff answered the call. Bourassa...

Author: /time Magazine | Title: The Doomsday Blueprints | 8/10/1992 | See Source »

...Soviet Union recedes into history, the threat of global thermonuclear warfare is waning considerably. But we are just beginning to learn some of the secrets of that cold war era when the two superpowers were locked in a state of high alert. This week correspondent Ted Gup advances our understanding greatly with a cover story focusing on the Federal Government's grand plan to preserve post-apocalypse control. As Ted reports, planning went far beyond contingencies to shelter top-level bureaucrats and ensure the survival of the U.S. government. It also included plans to rescue the nation's cultural heritage...

Author: /time Magazine | Title: From The Publisher: Aug. 10, 1992 | 8/10/1992 | See Source »

...attacks recur enough times, however, the lungs do not return to normal. They continue to act as if they are being invaded by parasites. This constant state of inflammatory alert damages the bronchial walls, creating scar tissue. As a result, the airways can no longer clear the mucus that forms deep in the lungs. The ensuing buildup reduces the flow of air and sets the stage for the next attack. "In olden times, which was only about five or 10 years ago, we all concentrated on the bronchospasm and assumed the patients were all right between episodes," says Dr. Peter...

Author: /time Magazine | Title: Asthma Deadly ... But Treatable | 6/22/1992 | See Source »

...outside investors, rather than regulators, who are applying the most pressure on corporate insiders. Increasingly, shareholders are turning to the courts. There are nearly 100 investor lawsuits pending against insiders, says James Newman, publisher of the Securities Class Action Alert newsletter, double the number of five years ago. Shareholders at Compaq Computer, for example, sued last year after insiders unloaded $16 million in stock just weeks before the company's stunning revelation of an inventory glut and exchange-rate problems. Compaq's stock dropped 27% on the news...

Author: /time Magazine | Title: Trading on The Inside Edge | 6/15/1992 | See Source »

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