Word: businessmen
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Since taking over PTL, Falwell has instituted a substantial measure of corporate sobriety. Sales of lifetime partnerships at the Heritage hotels have ceased. A ten-member board, including several businessmen, closely monitors the ministry finances. A new accounting firm is digging through the ruins of PTL's finances, preparing a comprehensive reorganization plan to be presented in federal bankruptcy court this fall...
Along with this conservative trend, the 1980s has seen the emergence of an attitude which whispers in the ears of our nation's leaders and businessmen that "anything's okay as long as you can get away with it." This attitude, which pretends that the government and social standards exist only when they 're convenient, is the same attitude that has led to both the Iran-contra and the insider trading scandals. Shocked at such blatant disregard of the law and professional standards of conduct, some of the nation's more liberal educators, such as Bok, have apparently joined Bennett...
Right now, the most obvious potential for bloodshed involves South Koreans battling South Koreans. But most of the citizenry in that agonized country, from student radicals to conservative businessmen, still believe that South Korea's internal struggles should be suspended for the Games. Precedent gives reason for optimism: although there was serious rioting weeks before the Asian Games began last fall, the few demonstrations planned during the event fizzled, and Koreans united in the effort to produce a spectacular show. Says one antigovernment businessman: "The national honor demands that we fulfill our commitment to the Games...
...begin. But many students refused to accept the chance for an early holiday, remaining on or near the campus for nightly antigovernment rallies. In perhaps the most momentous development, the protests for the first time received the support of segments of South Korean society other than students. Housewives, businessmen and assorted onlookers shouted encouragement and occasionally joined the marchers, who in many cases were their sons and daughters. In Pusan, the country's second largest city and the scene of a demonstration involving 50,000 people, Presbyterian Minister Cho Chang Sop, 60, proudly reported that both of his college...
...more than a dozen cities, students erupt in a frenzy of defiance against the six- year rule of President Chun Doo Hwan. But even though middle- class housewives and businessmen have joined the protests for the first time, the political opposition remains weak and divided. Despite the violence, the 1988 Summer Games are set to go on as planned -- and splendidly. See WORLD...