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...delivered a strong denunciation of takeover mania. Said he: "American enterprise, at a time when all its energies are needed for the worldwide economic struggle, is being driven by a . handful of opportunists into a massive restructuring, with consequences that may be disastrous." Sommer's argument struck a responsive chord among the legislators. Said Democratic Representative Mary Rose Oakar of Ohio: "Corporate America is being held hostage by the corporate raider. Profitable companies are being driven into debt, American jobs lost, and American businesses are being taken overseas, all so that a few enormously wealthy individuals can add to their...

Author: /time Magazine | Title: Going After the Crooks | 12/1/1986 | See Source »

...pricey restaurants where he can indulge his taste for overseasoned prose. At Lutece, for example, "I tasted the wine and it was so robust and appealing that I could feel my mouth singing with pleasure when I brought the glass from my lips. The aftertaste held like a chord on my tongue; my mouth felt like a field of flowers. The mousse made me happy to be alive." The book is loaded with this sort of gush, although it is hard to believe that Conroy does not know the difference between good and silly writing. Elsewhere, he can make...

Author: /time Magazine | Title: Books: The World According to Wingo the Prince of Tides | 10/13/1986 | See Source »

...musicians spoke English, and when Simon called, "Let's go to a D chord," he discovered "they didn't know what a D chord was. Then I realized that they had a different language and musical description for what they were doing. I decided -- fine, let them play what they want -- I will solve this problem later." After two weeks, Simon returned to his apartment on Manhattan's Central Park West with six rhythm tracks. He listened to them, chasing through "lots of culs-de-sac. I would think the melodies were in one place, and I'd find them...

Author: /time Magazine | Title: Paul Simon: Tall Gumboots At Graceland | 9/15/1986 | See Source »

...people. "I hope we've been successful," he said in a TIME interview last week. "The President stands high in the opinion polls and the electoral polls because he stands for mainstream values. We wouldn't have been successful if his views hadn't struck a responsive chord with society...

Author: /time Magazine | Title: Reagan's Moral Point Man | 7/21/1986 | See Source »

Thus far, no evidence has surfaced to link Waldheim to specific war crimes. Still, the debate over Waldheim's Nazi past struck a responsive chord among the Austrian people, and many of his countrymen rallied behind him. "My husband was drafted at age 17," said a Vienna woman. "If he were more prominent, he too might be wrongly accused of war crimes...

Author: /time Magazine | Title: Austria a Hard-Fought, Bitter Victory | 6/16/1986 | See Source »

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