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...colleagues were allowed by the judge to invoke a centuries-old, common-law "necessity defense." An offense may be considered justifiable if it is directed against a "clear and imminent danger" that is of greater harm to the community, in this case alleged CIA lawbreaking in Central America. To bolster the cause, Defense Attorney Leonard Weinglass, one of Hoffman's lawyers in the 1969 Chicago Seven trial, got testimony from former Attorney General Ramsey Clark and onetime Contra Leader Edgar Chamorro. "These young people are doing perhaps what most of us should be doing," Juror Anne Gaffney, 64, said afterward...

Author: /time Magazine | Title: Law: Not Guilty By Necessity | 4/27/1987 | See Source »

...dread disease. Yet two articles published in last week's New England Journal of Medicine, while containing caveats, seemed reason for guarded optimism. Both dealt with a controversial treatment known as adoptive immunotherapy, which involves the use of a naturally produced substance, interleukin-2 (IL- 2), to bolster a patient's immune system. Both reported striking improvements in some patients with advanced cases of cancer...

Author: /time Magazine | Title: Medicine: The End of the Beginning? | 4/20/1987 | See Source »

While the prime-rate rise will help bolster bank profits, it cannot begin to make up for the reclassification of $6.8 billion worth of Brazilian loans. Seven major banks will see their profits reduced by a combined $112 million for the first quarter. At BankAmerica, 40% of quarterly earnings could be lost, while Manufacturers Hanover could take a hit of as much as 20%. If Brazil does not resume making interest payments on its debt this year, 1987 earnings would be reduced by some $1.9 billion for all U.S. banks. Anticipating such losses, Standard & Poor's has lowered the credit...

Author: /time Magazine | Title: A Case of Bottom-Line Blues | 4/13/1987 | See Source »

...unfolding Wall Street scandals, outgoing Securities and Exchange Commissioner John S.R. Shad has been dismayed by how many of the indicted traders are graduates of top business schools. Last week, to bolster ethical training at his alma mater, the Harvard Business School, former Investment Banker Shad made a reported $20 million down payment on a gift that other alumni contributions will eventually bring to $30 million, the school's largest gift ever. The money will endow chairs and underwrite case studies in ethical issues. In the words of Dean John McArthur, it will allow ethics "to be imbedded...

Author: /time Magazine | Title: Education: Banking On Ethics | 4/13/1987 | See Source »

...Senator's decision last fall to accept anAlumni Association nomination for the overseerswas not a move to bolster his presidential bid,the aide said. "He has no plans to use the Boardof Overseers as a stepping-stone...

Author: By Mark M. Colodny, | Title: Overseer Candidate Gore Launches Presidential Bid | 4/11/1987 | See Source »

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