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...Europe, which is years ahead of the U.S., pharmaceutical companies are aggressively pursuing male birth-control pills, reversible vasectomies and long-lasting vaccines. Even women in many Third World nations have more choices than their American counterparts. Observes Carl Djerassi, a Stanford chemist who helped develop the first Pill: "The U.S. is the only country other than Iran in which the birth-control clock has been set backward...

Author: /time Magazine | Title: Health: A Bitter Pill to Swallow | 2/26/1990 | See Source »

...necessary financing. Just for the ominous letters, Milken charged fees as high as $3.5 million. Backed by Milken, Texas oilman T. Boone Pickens attacked Gulf Oil in 1984, forcing the energy giant to merge with Chevron and earning nearly $400 million from his seven-month raid. Later Milken bankrolled Carl Icahn in a $1.2 billion takeover of TWA. Supported by Drexel's bonds, the little-known firm Kohlberg Kravis Roberts became America's buyout king, acquiring 35 companies for more than $60 billion since...

Author: /time Magazine | Title: Predator's Fall: Drexel Burnham Lambert | 2/26/1990 | See Source »

...Martha Bardach, Sarah Buffum, Stanley Kayne, Paula Hornak Kellner, Gary Roberts, Nancy Smith-Alam, Melanie Stephens, Robert B. Stevens, Eleanor Taylor, Karen Zakrison Photographers: Terry Ashe, P.F. Bentley, William Campbell, Rudi Frey, Dirck Halstead, Cynthia Johnson, Peter Jordan, Shelly Katz, David Hume Kennerly, Neil Leifer, Steve Liss, Robin Moyer, Carl Mydans, James Nachtwey, Matthew Naythons, Chris Niedenthal, David Rubinger, Antonio Suarez, Ted Thai, Diana Walker...

Author: /time Magazine | Title: Time Magazine Masthead | 2/26/1990 | See Source »

...decline in that sort of mutual confidence is a sign of a contracting economy. Says Carl Steidtmann, chief economist for Management Horizons, a retailing research firm: "The consumer looks at his own situation and feels somewhat ill at ease, slows down his accumulation of debt and steps up his savings rate." Businesses, which try to gauge the confidence and appetites of ( their customers, currently see very little to like. As a result, business borrowing is growing at a slower pace than at any other time during the past decade...

Author: /time Magazine | Title: Better Watch Out | 2/12/1990 | See Source »

...neighbors, the Stuarts were a devoted couple, jogging together around a nearby lake, kissing each other at the door as they went off to work each morning. Colleagues recalled that Carol always ended her frequent phone calls to her husband by saying she loved him. Carol's brother Carl called the marriage the "perfect relationship...

Author: /time Magazine | Title: Presumed Innocent: Charles Stuart | 1/22/1990 | See Source »

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