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When Mike and Kitty came calling at Gracie Mansion one night a week before the primary, Koch served his favorite chocolate-chip cookies -- the same ones, he told them, that he had pressed on Mother Teresa. Dukakis talked with the mayor for 40 minutes. Koch was polite but distant. He asked about Jackson, and Dukakis responded with the usual boiler plate about disagreeing with Jackson on some issues but treating him with respect. Koch was not pleased. Only a week earlier Koch had, with his grating candor, said any Jew would be "crazy" to vote for Jackson. Just before...

Author: /time Magazine | Title: Nine Key Moments : 1988 Campaign | 11/21/1988 | See Source »

...their own show -- and run it better than some sprawling conglomerate that has grown inattentive or slothlike in responding to the needs of its far-flung divisions. Some 1,100 units of U.S. companies have been acquired by their managers since 1982, and it is a blue-chip list: the Montgomery Ward department-store chain, bought by its executives from Mobil; the former ITT subsidiary that makes Scott lawn products; the onetime Unisys unit that produces Nu-kote ribbons for typewriters and computer printers. "Management buyouts create powerful incentives for entrepreneurship, risk taking and long-term planning," says Martin Dubilier...

Author: /time Magazine | Title: When Managers Are Owners | 11/7/1988 | See Source »

...biggest surprise is the computer's built-in disk drive. Rather than rely on standard floppy disks, Next comes equipped with an erasable magneto-laser disk built by Canon and controlled by a proprietary chip. The 5 1/4-in. disk, which will be the first of its kind to come to market in the U.S., slips in and out of the computer like a floppy, but holds 256 megabytes -- more data than 300 IBM PC or Macintosh disks. As if to underscore the massive storage capacity this represents, Next's disk comes loaded with software programs, operating instructions and four...

Author: /time Magazine | Title: Technology: Soul of The Next Machine | 10/24/1988 | See Source »

...Tigers (3-2, 2-1) will be trying to knock a chip off its own shoulder--put there by Columbia when the Lions turned the Tigers into The Victim to end their 44-game losing streak...

Author: By Casey J. Lartigue jr., | Title: Gridders on Tiger Hunt for A Victory | 10/22/1988 | See Source »

What saved the situation, at that time, was not only the self-correction of a free market but also vigorous, direct intervention by Government and business. The U.S. Federal Reserve injected billions of dollars into the banking system and drove down interest rates. Many blue-chip companies announced massive share repurchase programs and drove the market averages back up. The Japanese government urged its securities industry to support the Tokyo market...

Author: /time Magazine | Title: Special Report: The Crash, One Year Later | 10/17/1988 | See Source »

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