Word: chairman
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Dates: during 1980-1989
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...Times, for instance, recycled a story from MediaWatch, a right-wing newsletter. MediaWatch's conviction is that the national press corps is a left-wing cabal bent on discrediting conservatives. In that spirit, it took TIME (and me) to task for coverage of a controversy involving Republican National Committee chairman Lee Atwater. MediaWatch is of course entitled to its ideology. But in parroting the MediaWatch article as fact -- including the erroneous assertion that no TIME reporter had sought Atwater's side of the story -- the Washington Times neglected to check with the target of the criticism. The paper dutifully...
...Berlin. Last week party elders demonstrated just how out of touch they are with the masses by awarding Krenz the country's top political trophy. Erich Honecker, for 18 years the country's unsmiling, unbudging leader, was relieved of his posts as head of state, Communist Party chief and chairman of the National Defense Council. Krenz, his protege, was elevated to all three positions. Technically, the 77-year-old Honecker resigned, citing the poor health that has plagued him since he underwent gallbladder surgery last August. But few East Germans doubted that Honecker had been pushed aside by a leadership...
...meat-cleaver approach to budget cutting, the Gramm- Rudman mechanism has itself become a target. Senator Ernest Hollings, one of the authors of the legislation, announced last week that he was ready for a "divorce" from the act. During Senate hearings on reforming the budget process, Budget Committee chairman Jim Sasser of Tennessee said, "Gramm- Rudman is teetering on the verge of becoming more a part of the problem than a part of the solution." Sasser says the law has the Government keeping two sets of books: one devised to meet Gramm-Rudman, "which is a useful fiction to give...
...heaviest blow to the market came Friday afternoon. In a three-paragraph statement, UAL said a labor-management group headed by Chairman Stephen Wolf had failed to get enough financing to acquire United. Several banks had apparently balked at the deal, which was to be partly financed through junk bonds. The takeover group said it would submit a revised bid "in the near term," but the announcement stunned investors who had come to view the United deal as the latest sure thing in the 1980s buyout binge. Said John Downey, a trader at the Chicago Board Options Exchange: "The airline...
...reluctant laureate was honored for pathbreaking work in the early 1940s that laid the foundation for econometrics, which uses mathematical models to study the behavior of an economy. "Every time you open a newspaper and see an analysis of economic trends," said Assar Lindbeck, chairman of the economics- prize committee, "it is based on Haavelmo's econometric theories." Haavelmo's key contribution was to show that the relationship between such factors as income and spending was far more complex than had been thought, since those factors affect one another and the rest of the economy. For example, he demonstrated that...