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...latest wave of cutbacks follows similar steps by IBM, Citicorp and Kodak. Wall Street usually hails such moves, since they help shore up corporate profits. But economists worry that the deterioration in the job market will compound the recession by making consumers too nervous to shop...

Author: /time Magazine | Title: Employment: It's Off the Job We Go | 12/23/1991 | See Source »

...Lasch's suspicions were further aroused when the Kennedys gave police investigators what seemed to be a runaround. William Barry, a former FBI agent who was staying at the compound, incorrectly told detectives that Senator Edward Kennedy had left for Washington when in fact he was having lunch at the Palm Beach estate. For two weeks the family rebuffed police attempts to survey the grounds where the alleged assault took place. That was sufficient time for the wind and sea to obliterate any evidence that might have corroborated the woman's story. A grand jury may decide this week whether...

Author: /time Magazine | Title: Palm Beach Trial | 12/23/1991 | See Source »

...approach to the facility, along a twisting, narrow stretch of County Route 601, past Heart Trouble Lane, a flashing yellow warning light and a 10- m.p.h. speed limit provide the first hint that something unusual is around the bend. The compound is surrounded by a 10-ft.-high chain-link fence topped with six strands of barbed wire. Armed guards patrol the perimeter. Anyone straying past the entrance is temporarily relieved of cameras, asked to stay in the car and then shown the way out. Motorists who take an inordinate interest in the site are shadowed by security cars...

Author: /time Magazine | Title: Civil Defense Doomsday Hideaway | 12/9/1991 | See Source »

...addition, California's image has been fashioned largely by interlopers from the East, who tend to look on it as a kind of recumbent dumb blond, so beautiful that it cannot possibly have any other virtues. Thus the California of the imagination is an unlikely compound of Evelyn Waugh's Forest Lawn, Orson Welles' Hearst Castle, every screenwriter's Locustland and Johnny Carson's "beautiful downtown Burbank." Nice house, as they say, but nobody's at home...

Author: /time Magazine | Title: Is It Really That Wacky? | 11/18/1991 | See Source »

...team (at least $1 million of the Kennedy fortune will be spent on lawyers, investigators, psychologists, pollsters and experts on everything from jury selection to grass stains), and it has the good luck of a semibotched police investigation that did not begin gathering evidence at the Kennedy Palm Beach compound until two weeks after the alleged crime took place...

Author: /time Magazine | Title: Justice The People vs. a Dynasty | 11/11/1991 | See Source »

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