Word: ands
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Dates: during 1980-1989
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Before the ominous S&L predictions had a chance to sink in, alarms were going off about other potentially monumental crises. A report by Budget Director Richard Darman warned that careless management at such agencies as the Veterans Administration and the Department of Energy may have allowed scandals rivaling the...
The most disturbing fact is that no one knows how severe the problems may be. In a report to Congress last month, the General Accounting Office described the same pattern of sloppy accounting and slack Government supervision that allowed the S&L debacle to go unchecked. Because many agencies kept...
For the third time in this century the old order is crumbling in Europe, and the world waits anxiously for a new one to be born. The transition promises to be long, difficult and hazardous. But rarely if ever has the vision of a peaceful and relatively free Europe stretching...
Because events in Eastern Europe sometimes appear to be spinning out of control, the need grows more urgent to perceive and outline even the vaguest contours of the reshaped Continent to come. The crumbling of Communism in the East carries risks that might be avoided and offers opportunities to choose...
Accordingly, TIME invited five experts on European political and economic affairs -- a Soviet, a Hungarian, a Frenchman, a West German and an American -- to try and give definition to what Soviet President Mikhail Gorbachev calls "the common European house." During a six-hour meeting last week at an 18th century...