Word: covert
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Dates: during 1980-1989
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...distinguished explainer Martin Mayer. Following an arcane account of a portfolio-hedging strategy, he writes, "You can read it twice, or three times, or you can take my word for it." Which is sound advice. Mayer has been one of the educated layman's best guides to the covert worlds of Wall Street and finance. The Bankers (1974) was a best seller. More recent books include The Fate of the Dollar (1980) and The Money Bazaars...
...important early proponent of Star Wars was Robert McFarlane; initially, the scheme was part of McFarlane's elaborate covert operation to lure the Soviets -- and the President himself -- into an arms-control deal...
...Soviet masters, first as head of the Soviet desk of British counterintelligence and then, from 1949 to 1951, as Washington liaison with the CIA. He remorselessly sent to their deaths hundreds of agents, including ethnic Albanians who in the early 1950s were smuggled into Albania, with covert U.S. and British backing, to foment revolution. Says former CIA Director Richard Helms: "Philby did a lot of damage. He was not only a traitor to his country but a traitor to the free world...
Shattuck said the President wields excessive independence in authorizing covert operations, adding that "inherent presidential powers," executive prerogatives not specifically mandated in the Constitution, are "eating away at the foundations of constitutional government...
...hope the courts would see that the First Amendment is undercut by secrecy and covert action," Nesson said...