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...British government's abrupt announcement that it would close 31 of the country's 50 active coal mines seemed at first only a political blunder. Industry and Trade Minister Michael Heseltine's decision last October drew public and parliamentary fury that forced him to announce that, on second thought, only 10 mines would be closed in the short term. In the judgment of Britain's High Court, even that order was "unlawful and irrational," since Heseltine failed to consult with miners and unions as required by law. The government must start its closure proceedings all over again...

Author: /time Magazine | Title: Not So Fast | 1/4/1993 | See Source »

...comes the second-guessing. "NBC seems to have made the wrong call ((for the Tonight show))," says Grant Tinker, former NBC chairman. "I think David should have been the one." Another top TV executive contends it was a "monumental blunder" for NBC to pick Leno over Letterman: "They put themselves in the position of angering a real marketable asset, of which they have precious few." A member of the Letterman camp argues that dumping Leno is the only way for NBC to salvage its 30-year dominance in late night. "Leno is destined for failure," he says...

Author: /time Magazine | Title: The Wooing of David Letterman | 12/21/1992 | See Source »

Fair enough. But Smith glosses over his failure to engineer any significant progress in the company's main line of business. During the 1980s the company staggered from one automotive blunder to another. Worst among them were the cookie-cutter cars. The idea behind them was to save on manufacturing costs, one of Smith's abiding principles. But the look-alike models blurred the historical marketing distinction GM had carefully cultivated between Chevrolet at the bottom of the market, Cadillac at the top and Pontiac, Oldsmobile and Buick in between. None of the cookie-cutter cars will make...

Author: /time Magazine | Title: Roger Smith's Painful Legacy at Chrysler | 11/9/1992 | See Source »

...perfect, but he is principled. He will blunder, but he has vision...

Author: By John A. Cloud, | Title: Ding, Dong, the Witch Is Dead | 11/4/1992 | See Source »

...series of incomplete and sometimes conflicting remarks that were to continue piecemeal throughout the campaign. In April aides urged him to call a press conference at which he would answer questions until reporters had nothing left to ask; he refused, in what now appears to have been a major blunder. Clinton did eventually develop a fairly effective answer of sorts: right through the fall debates with Bush and Perot, he has argued that voters should be far more concerned with how a candidate proposes to heal the ailing economy than with "character" issues. Many indeed are, and the Gennifer Flowers...

Author: /time Magazine | Title: Bill Clinton: The Long Road | 11/2/1992 | See Source »

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