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Certainly no one ever doubted Poindexter's intellect. "Even when we were kids, John was someone special," recalls his cousin Richard Poindexter, 54, who was close to him in childhood. "We knew he was extremely intelligent and seemed even then destined for greater things." The son of a banker, John Marlan Poindexter grew up in Odon, Ind. (pop. 1,400), described by Richard Poindexter as a "very conservative, Bible-belt community." A thin, shy and bookish child, Poindexter was an exemplary student who won appointment to the U.S. Naval Academy from the late Republican Senator Homer Capehart. Poindexter's mother...

Author: /time Magazine | Title: Next, the Most Important Witness? | 7/20/1987 | See Source »

...break between scenes. "I did poorly in economics -- I got a C, and my mathematics were suspect," he laughs. "I lost on every stock I ever invested in." It was not for lack of example, however. Stone was first exposed to the big-time financial world by his investment- banker father. Explains Stone, who co-wrote and directed the film: "I've always wanted to make a business movie ever since he was on the Street...

Author: /time Magazine | Title: In The Trenches of Wall Street | 7/20/1987 | See Source »

...Trinquetaille, was sold in just two tense minutes of bidding for $20.2 million, the second highest price paid for a painting at an auction. The 29-in. by 36-in. Bridge, painted in 1888 when Van Gogh lived in Arles, was sold by the family of New York Banker Siegfried Kramarsky, who bought the painting in 1932. The buyer: an anonymous European collector who bid by telephone...

Author: /time Magazine | Title: Auctions: Van Gogh Is Still Hot | 7/13/1987 | See Source »

...share among a few large companies -- a shift toward oligopolies that could already be stifling the very competition that deregulation was supposed to stimulate. Another ominous trend is the increased evidence of corporate corner cutting when it comes to safeguarding the health and safety of workers and customers. Investment Banker Felix Rohatyn, writing in the New York Review of Books, bemoans a "climate of deregulation pushed to dangerous extremes." Result: the beginnings of a blistering debate about the impact of the decontrol era, and a movement to re- regulate. In a growing number of cases, Congress is viewing too much...

Author: /time Magazine | Title: Rolling Back Regulation | 7/6/1987 | See Source »

...Dallas mother who asked an attorney friend to run a check on her newly hired nanny was told the woman was wanted for writing bad checks. "People need a license to cut your hair but not to care for your child," observes Elaine Claar Campbell, a Chicago investment banker. She and her lawyer-husband Ray, armed with five pages of questions, spent three months interviewing more than 50 people, before settling on Clara Hawkes, 47, an artist from Santa Fe whose own daughter is a National Merit Scholar. "You don't want to gamble with your child," says...

Author: /time Magazine | Title: Living: The Child-Care Dilemma | 6/22/1987 | See Source »

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