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Like so many who breathe the intoxicating air of power, Durenberger thought he could get away with bending the rules. Limits on speaking fees? Launder the money by counting excess payments as book-promotion fees. Trips to a marriage counselor in Boston too expensive? Arrange business lunches and collect honorariums. Need some extra income? Bill the government rent for staying in a condominium you own. Not until after the committee issued its recommendation did Durenberger concede that "I have made serious mistakes. I acknowledge them and accept full responsibility...

Author: /time Magazine | Title: Durenberger's Comedown . . . | 7/30/1990 | See Source »

...going to need to know is whether the Soviet Communist Party is going to implode, and how we can compete in the 21st century as other nations play economic roles equal to ours. Who's going to analyze the data in a sophisticated way and help the CIA to collect them in useful forms? Probably not the new PFIAB...

Author: /time Magazine | Title: The Political Interest: Prescription for Intelligence | 7/30/1990 | See Source »

...wondering whether it was the fellow behind the tree. Bush Administration officials floated the idea that they might consider raising the tiny tax on stock and bond transactions -- one-third of 1% -- to help erase the deficit. The leak looked serious because security-transfer taxes are easy to collect, politically painless and potentially lucrative...

Author: /time Magazine | Title: An Easy Grab | 7/23/1990 | See Source »

...thorough discussions, whether regarding transactions that came before the board, the financials, or whatever it was. I became so much more knowledgeable than most outside directors because of the incredible amount of documentation that was provided to us. It wasn't like you just show up, collect your little monthly meeting fee, have a little lunch, and you leave...

Author: /time Magazine | Title: I Worried About the Impact on Dad | 7/23/1990 | See Source »

...groceries tumble back behind shutters. Mothers drag children, fleeing up the lanes. Adolescent boys collect on corners, muscles jumping, vibrating for revenge...

Author: /time Magazine | Title: An Intifadeh Of the Soul | 7/23/1990 | See Source »

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