Word: augustness
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Dates: during 1980-1989
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...Virgilio Barco Vargas' four-month-old war against his country's top narcos -- Gacha, Pablo Escobar Gaviria and the three brothers of Medellin's Ochoa family -- has not gone as well as he or the nation had hoped. Since Mob hit men assassinated presidential candidate Luis Carlos Galan in August and ignited Barco's offensive, the leaders of Colombia's coke cartels have gone into hiding, forfeiting posh estates and bank accounts; some law- enforcement officials believe that the drug princes have even undergone plastic surgery. Nevertheless, Gacha and company remain immensely powerful, with their pipeline to the U.S. merely...
...drug lords seem to be getting the message. An authorized spokesman for one of the cartels told TIME that Escobar, Gacha and Gilberto Rodriguez Orejuela, don of the Cali cartel, recognize Barco's inflexibility and are waiting for his term to expire next August. Says the source: "They'll try to reason with the next President." But "reason" is surely a euphemism for "control." Through intermediaries, the narcos are putting money behind candidates for President, Congress and mayors of key cities. After election day, the bill will come...
Filling a post that has been vacant since August, Radcliffe administrators said yesterday they had chosen a scholar in the history of education as the new assistant director of the Bunting Institute...
...four seats on the board of Koito Manufacturing, a Tokyo auto-parts maker in which he controls a 20% share. Pickens says Koito has hired Wall Street consultants to advise the company on how to keep him at bay. Meanwhile, a federal appeals court in Philadelphia last August reinstated a class-action suit that Phillips Petroleum shareholders brought against Pickens in 1984. The plaintiffs claim that the value of their stock collapsed when Pickens abruptly abandoned his Phillips takeover...
...rumor mill had already established the date and time of the coming coup: Dec. 1 at 3 a.m. But Manila was used to rumors. And since the failure of the last big putsch, in August 1987, most of the talk had led nowhere, good only for a stir in the stock market or titillation among armchair plotters in the capital's gossipy coffee shops. At 10 p.m. on Nov. 30, the speculation was scotched as the government announced the arrest of three members of an elite military division who had attempted to sabotage a provincial communications station south of Manila...