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...first time since the House Intelligence Committee was given its oversight role in 1977, the members split on party lines. The breakdown of the committee's traditional nonpartisan approach threatened to undermine its sensitive role. "The one thing I don't want is to see this committee deteriorate into a partisan group," lamented Boland after the vote...

Author: /time Magazine | Title: Uneasy over a Secret War | 5/16/1983 | See Source »

Swedish stockbrokers were as gloomy last week as characters in a bleak Ingmar Bergman movie. The Stockholm stock exchange was still and silent, idled temporarily by a total breakdown in an electronic system for registering trades. Millions of transactions being processed at the time of the crash were suddenly in limbo. Said Broker Sven Hagströmer: "It's a scandal. You can't get your money, and you can't get your stocks." Nothing so disastrous had happened to the exchange since it shut down during a financial panic in 1932 after Match King Ivar Kreuger...

Author: /time Magazine | Title: Dividends: Bed and Keyboard | 5/16/1983 | See Source »

...news from Amman, but he tried to down-play its significance. After telephoning King Hussein as well as King Fahd of Saudi Arabia, Reagan declared that he was still "very hopeful" that his peace plan could remain the basis of future negotiations. Two days later, blaming the breakdown of the Amman talks on "radical elements" of the P.L.O., the President called on the Palestinian leadership to make "a bold and courageous move to break the [prevailing] deadlock." Added Reagan: "We will not permit the forces of violence and terror to exercise a veto over the peace process." Shortly thereafter, Arafat...

Author: /time Magazine | Title: Middle East: Missing a Rare Chance | 4/25/1983 | See Source »

...want to hear sleazy? One producer okayed a script about New Zealand simply because he'd never been there and wanted a paid vacation. Agent David Begelman lied to Goldman, saying a famous director had had a nervous breakdown, so that Goldman would turn to one of Begelman's clients instead. And director Alan Pakula (Sophiz's Choice, Klute) told Goldman to give him versions of All the President's Men that were both longer and shorter, harder and softer. "Don't deprive me of any riches," Pakula said...

Author: By David M. Handelman, | Title: Behind the Glitter | 4/22/1983 | See Source »

Medical research is still sketchy. The commonest cocaine-related ailment, a breakdown of nasal membrane, "is the least of one's worries," according to Dr. Pollin of the National Institute on Drug Abuse. Chronic cocaine use kills the appetite and so regularly results in severe weight loss. In a three-year study, Gerald Rosen, a Duke University pharmacologist, has found that metabolized cocaine destroys dangerous numbers of liver cells. Researchers at Massachusetts General Hospital, among other places, have seen evidence of serious lung damage in free-basers...

Author: /time Magazine | Title: Crashing on Cocaine | 4/11/1983 | See Source »

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