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After former White House Deputy Chief of Staff Michael Deaver quit last May to become a "public affairs consultant," he drove about town for a while in a dark blue Dodge, very much like the limousines that transport top Executive Branch officials. The car served to get Deaver where he was going in more ways than one: in status-conscious Washington, it was a not-so-subtle reminder of / his White House connections. Now Deaver has given up the status symbol of public power for one of private wealth. These days he rides in a chauffeur- driven Jaguar XJ6 equipped...

Author: /time Magazine | Title: Cashing in on Top Connections | 3/3/1986 | See Source »

What makes Deaver so valuable? "There's no question I've got as good access as anybody in town," says Deaver, as he reclines on a couch in his tastefully appointed office overlooking the Lincoln Memorial. Alone among departing White House aides, Deaver was permitted to keep his White House pass. He also still chats regularly on the phone with Nancy Reagan. But Deaver insists that he never discusses his clients' problems with the First Lady or the President. Actually, Deaver says, he does not do much lobbying. Nor does he do any public relations work, or legislative drafting...

Author: /time Magazine | Title: Cashing in on Top Connections | 3/3/1986 | See Source »

...Strategic planning," he says somewhat airily. His clients tell him "where they want to be vis-a-vis Washington in three to five years, and I help them develop a plan to get there." In fact, although Deaver is a relative newcomer to Washington, it is hard to think of a lobbyist who has a better sense of how the Reagan Administration works or who has more clout among the Reaganauts. And in a city where perception is often reality, Deaver is known as a master imagemaker who kept Reagan's profile high and bright. It is not hard...

Author: /time Magazine | Title: Cashing in on Top Connections | 3/3/1986 | See Source »

...Ronald Reagan may have come to Washington to pare down the size of the Federal Government, but many of his former top aides have quit to profit off Big Government as influence peddlers. None has been more successful more swiftly than Reagan's former deputy chief of staff Michael Deaver, who may multiply his White House income sixfold in his first year out of government by offering the nebulous blend of access, influence and advice that has become so valued in Washington (see box). Other Reaganauts now prowling Gucci Gulch include ex-Congressional Liaison Kenneth Duberstein and two former White...

Author: /time Magazine | Title: Peddling Influence | 3/3/1986 | See Source »

...interests to oppose policies they once ardently promoted. This is particularly true in the area of foreign trade, as documented by the Washington Post a week ago. For example, Reagan has ordered an investigation into the unfair trade practices of South Korea. That country will pay former Reagan Aide Deaver $1.2 million over three years to "protect, manage and expand trade and economic interests" of the nation's industry. Deaver refuses to say exactly what he will do to earn his fee, but he has hired Doral Cooper, a former deputy trade representative in the Reagan Administration, as a lobbyist...

Author: /time Magazine | Title: Peddling Influence | 3/3/1986 | See Source »

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