Word: controller
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Dates: during 1980-1989
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...Congress cannot ignore growing public fears that greed, debt and buyouts are all spiraling out of control. "The dealmakers have gone too far," says Samuel Hayes, professor of finance at Harvard Business School. "They have defied that tolerance that allowed them their freedom." Federal Reserve chairman Greenspan urged the Senate in October to consider tax-law changes to curb the debt buildup. Said he: "The laws still provide substantial incentives to borrow...
...ethnic tensions that confront General Secretary Mikhail Gorbachev with a formidable challenge. The Nagorno- Karabakh dispute has revived the historic hostility between Armenians, who are largely Christians, and Azerbaijanis, who are mainly Muslims. Armenia's call for restoration of the enclave and its 160,000 people to Armenian control has been rebuffed by the central government, which fears that any such adjustment might trigger territorial demands elsewhere...
Shamir sparked the fire storm by promising to amend Israel's Law of Return, which grants automatic citizenship to any Jew. Shamir professes little personal interest in the details of Jewish conversion; his courtship of the religious parties simply reflects his determination to control the government...
...held it in the previous government, and either Finance or the Foreign Ministry for Peres. Shamir would happily retain Rabin at Defense, but he has yet to offer Peres a major portfolio. Says a senior Likud member: "If Shamir gives Finance and Defense to Labor, he really gives up control of the government...
...little success in breaking the power of the drug gangs, even when they have adopted systematic buy-and-bust tactics or resorted to the dragnet-style crackdowns pioneered by Los Angeles police. Homicide experts predict that the havoc will continue until the demand for crack can be brought under control by better education and treatment programs. Says Washington Police Chief Maurice Turner: "Police alone cannot solve the drug problem...