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...pending the outcome of the Minpeco case. Two class actions filed by some 17,000 investors now await hearings before the U.S. district judge who presided over last week's verdict, Morris Lasker. The Hunt family's advisers believe that no domino effect will occur, since the other lawsuits differ in some respects from the Minpeco case. But that may be wishful thinking. Says a Government official: "The Hunts may appeal and fight for a while, but the total loss of their fortune is inevitable." Warns Herbert Deutsch, an attorney for the plaintiffs in one of the class actions...

Author: /time Magazine | Title: Big Bill for a Bullion Binge | 8/29/1988 | See Source »

California's car-insurance rates are the third highest in the U.S., trailing only New Jersey's and Alaska's, according to A.M. Best, an industry research firm. (The company cautions that it is difficult to compare rates accurately because insurance laws differ from state to state.) Between 1982 and 1986, Best found, average annual premiums in California jumped 59%, to nearly $600. Nationally, average premiums increased 48%, to $440, during the same period...

Author: /time Magazine | Title: The Next President? Who Cares? | 8/29/1988 | See Source »

...Conn., town meetings. Hart Leavitt, a retired master who taught George and his older brother Prescott at Andover, says he found Senator Bush, a Wall Street banker, too imposing to address with ease. The Bush children were even more intimidated. I asked Bush if he found it hard to differ from his father. "It never occurred to me to differ. I mean, he was up here ((lifts right hand as far as he can)), and I was this little guy down here." Frank DiClemente, a coach and friend to both "Pressy" and "Poppy" (as George was known then), wanted...

Author: /time Magazine | Title: The Republicans | 8/22/1988 | See Source »

...into focus where I differ from Michael Dukakis. He is a traditional, very liberal Democrat. And I quote him on that, saying, "I'm a liberal Democrat." And another quote, "I am a card-carrying member of the A.C.L.U...

Author: /time Magazine | Title: The Democrats I'M Not Running Against Bentsen | 7/25/1988 | See Source »

...using their office to benefit friends and acquaintances: Meese's former personal lawyer E. Robert Wallach and, in Wright's case, oilmen and investors in the Speaker's home state of Texas. And though the personalities of the genial California-bred Attorney General and the peppery Texas Speaker differ, they are alike in one way. Says Ted Van Dyk, a Washington lobbyist who knows the two: "Both apparently wear blinders" that prevent them from seeing appearances of impropriety in their actions...

Author: /time Magazine | Title: Meese Vs. Wright: There Is a Difference | 6/27/1988 | See Source »

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