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Even after the Buffalo defeat, Shula maintained that he was going to complete the remaining year of his two-year contract as coach and general manager. But on Wednesday, he and Huizenga met, and the owner informed him that if Shula stayed, he would have to dismiss most of his coaching staff. The demand was too much for Shula's pride and sense of loyalty. So on Thursday, his 66th birthday, he called it quits, and on Friday the Dolphins announced that Shula, a part-owner of the team, would become vice chairman of the board of directors. His replacement...

Author: /time Magazine | Title: SPORT: UNNECESSARY ROUGHNESS | 1/15/1996 | See Source »

...parody is acute, effective and intellectually substantial, despite its debut on a page other than this one. Through wholesale condemnation of Unofficial Political Satire, the staff nicely circumscribes the forged wanted poster's intended message: unjustified racism within the Harvard University Police Department. Rather than dismiss such powerful speech, we should acknowledge a trend so seldom detailed on the leaves of Official Student Thought...

Author: By Joshua A. Kaufman, | Title: Poster Hinted at Bias | 12/18/1995 | See Source »

...cyclical curve. I predict a very big decline over the next 12 months." And some professionals think such stocks are not worth the anxiety. "The stocks are absolutely fascinating to watch," says Eugene Peroni Jr., a market analyst with Janney Montgomery Scott, "but you just have to dismiss them and perhaps go into some less dramatic movers that will offer fewer sleepless nights...

Author: /time Magazine | Title: SOUTH FOR THE WINTER? | 12/18/1995 | See Source »

...Saudi European nearly collapsed, and in order to avert a financial crisis, French authorities arranged for an investment group to take it over. According to the lawsuit, fraudulent borrowing and other misconduct by the defendants had crippled the bank. Investcorp and several other defendants have filed motions to dismiss the complaint. A number of them are also plaintiffs in continuing litigation against Radwan in which they accuse him of swindling them out of several million dollars. (In fact, Radwan conceived his own lawsuit as a "counterattack.") He denies the allegations...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

...merits of the complaint, it highlights the intriguing background of a key Investcorp insider: Abdullah Taha Bakhsh, a Saudi tycoon who has served on Investcorp's board since the bank was founded and who helped persuade other rich Saudis to invest. (Like Investcorp, Bakhsh filed a motion to dismiss the Saudi European action, and his lawyer expects it to be granted.) The complaint points out that Bakhsh was a major shareholder of Paris-based Al Saudi Banque, which collapsed in 1988, and accuses him of looting that institution. One of Bakhsh's other holdings is the First Commercial Financial Group...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

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