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Each week seemed to bring news of still more blockbuster deals: the General Motors-Hughes Aircraft merger and the Allied-Signal and Capital Cities Communications-ABC takeovers to cite a few. In April and again in August, the journalistic combine of Greenwald and Ungeheuer churned out major stories analyzing the accelerating merger trend...

Author: /time Magazine | Title: A Letter From the Publisher: Dec. 23, 1985 | 12/23/1985 | See Source »

...then sell them to legitimate corporations for millions of dollars. The case has become less a dispute over facts than a collision of political cultures. Edwards freely allows that he reaped nearly $2 million from the deals for maybe half an hour's work. He was unable to cite anything palpable that he had done to earn the money, saying only that he was "a lawyer's lawyer, a door opener." He denied, however, that there was anything illegal about profiting from his connections and influence. When U.S. Attorney John Volz pressed him about the bonanza from one sale...

Author: /time Magazine | Title: Louisiana: We Hit the Jackpot | 12/16/1985 | See Source »

Sauter is hardly without his critics. Some veteran CBS staffers charge that he is concerned more with "razzle-dazzle" than with journalistic substance; they cite his support of the controversial hiring of Phyllis George as Morning News co-host. Yet the switch was welcomed by many at the network. Sauter is more outgoing and popular than Joyce (who will become senior vice president of CBS Worldwide Enterprises), and he presided over a successful retooling of the CBS Evening News under Anchorman Dan Rather. Said one executive: "Sauter is so forceful a man, he may pump people's creative juices again...

Author: /time Magazine | Title: Press: Shake-Up: Second time around for Sauter | 12/16/1985 | See Source »

...Police Cite Harassment...

Author: By Victoria G.T. Bassetti and Stacie A. Lipp, S | Title: Students Arrested at Wellesley | 12/11/1985 | See Source »

Many conservative and moderate professors cite the attitudes of Harvard's radical legal scholars and the school's guidelines for granting promotions as reasons for their dissatisfaction. They charge that Harvard is now the most liberal law school in the country and that some professors are using the democratic system of appointments to keep it that...

Author: By Joseph Fkahn, | Title: 6 Profs Weigh Leaving Over Law School Battle | 12/4/1985 | See Source »

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