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...Agent Benedict Tisa was in his third day of hammering cross-examination by Defense Attorney Howard Weitzman, and he was beginning to get rattled. Tisa had masqueraded as a corrupt banker in the Government scam that snared Auto Magnate John Zachary De Lorean, currently on trial in Los Angeles for conspiring to distribute $24 million worth of cocaine to save his failing sports-car company. Weitzman questioned Tisa about the log he kept of the four-month investigation that culminated in De Lorean's arrest in October 1982. Some of the entries in the 28-page handwritten document were...

Author: /time Magazine | Title: Crime and Punishment | 5/7/1984 | See Source »

...long-delayed trial of fallen Auto Magnate John Zachary De Lorean, 59, finally opened last week in the U.S. court house in Los Angeles, 18 months after his dramatic arrest in that city in a Sheraton Hotel room. He is charged with conspiring to distribute $24 million worth of smuggled cocaine. The evidence: five hours of videotapes and 48 audio recordings made by a paid informant and by undercover agents from the FBI and the Drug Enforcement Administration...

Author: /time Magazine | Title: De Lorean vs. Almost Everybody | 4/30/1984 | See Source »

...prosecution maintained that De Lorean's "driving desire to succeed" and his auto company's desperate straits had led him into the narcotics deal. On the trial's second day, the prosecution showed a videotape of an undercover FBI agent posing as a banker explaining to De Lorean how money could be "laundered." Off camera, De Lorean eagerly interjected, "It looks like a good opportunity." De Lorean, the prosecution argued, "was caught in the act of being himself...

Author: /time Magazine | Title: De Lorean vs. Almost Everybody | 4/30/1984 | See Source »

Super computers today are responsibloe for the derivation of drugs from quantum theory rather than trial-and-error, the simulation of auto and aircraft performance in replacement of test tracks and wind tunnels, and the exploraiton of oil deposits as an alternative to extensive surveys. And the issue is no longer one of monetary profit alone; the risk is national security...

Author: NO WRITER ATTRIBUTED | Title: The Race for The Ultimate Supercomputer | 4/27/1984 | See Source »

...cavernous Claycomo Ford assembly plant near Kansas City, Mo., he munched a hamburger in the employee cafeteria, walked an assembly line and spoke to a crowd of about 1,000 auto workers. "As I toured your plant, I couldn't help but think back to the days when America's economy had sputtered and stalled," said Reagan. The next day, after visiting a partially completed $98,000 home in the Oak Hollow development near booming Dallas, he addressed about 50 construction workers assembled outside. "This is a picture of what's happening all over America," he beamed...

Author: /time Magazine | Title: Getting Ready for the Challenge | 4/23/1984 | See Source »

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