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...bloody Bendix-Marietta saga should dispel any sanguine impressions. The two giants slugged it out toe-to-toe for 31 days, and the well-publicized battle, "at various times...threatened to destroy Marietta or Bendix, or both," according to The New York Times. At one point in late August, it looked like each would succeed only in buying each other's shares, a kind of corporate analog to the mutually fatal duel of Hamlet and Laertes. The two companies--and a pair of other preying conglomerates--spent millions of dollars on legal and financial fees, while diverting the financial community...

Author: By Paul A. Engelmayer, | Title: Sound and Fury | 9/28/1982 | See Source »

...House behind the effort. "If we are going to do it," Reagan told his people, "let's do it right" This ability to act boldly at critical moments is what has gained Reagan such dramatic political victories in Washington. Passage of the tax measure is not going to dispel the crisis. By November there must be moves to cut the budget more, plug other...

Author: /time Magazine | Title: The Presidency by Hugh Sidey: Learning to Change His Mind | 8/30/1982 | See Source »

Since Gandhi's last official visit eleven years ago, the U.S. has become increasingly disturbed by India's resolutely independent posture, which was interpreted by Washington as a sign of coziness with the Soviet Union. Gandhi sought to dispel this impression. Said she: "Our hand of friendship is stretched out to all. One friendship does not come in the way of another...

Author: /time Magazine | Title: Tilting Back | 8/9/1982 | See Source »

...effort to dispel that cloud the House last week voted 407 to 1 to authorize a wide-ranging investigation of both the sex and drug allegations. The committee will question witnesses and review reports from the FBI and Justice Department. Shortly before a picture-taking session, reporters heard Staff Director John Swanner telling Committee Chairman Louis Stokes, an Ohio Democrat: "In two weeks' time, we should be able to finish this up." Swanner added: "Show me 10,000 ministers and I'll show you some drugs and homosexuals. People really have a taste for morbidity. This kind...

Author: /time Magazine | Title: Fighting Its Image Problem | 7/26/1982 | See Source »

...moment when President Ronald Reagan and Secretary of State Alexander Haig were on a European tour that was intended to burnish the Administration's image abroad. Even the cease-fire that took effect at week's end, with the help of considerable U.S. prodding, did little to dispel doubts about U.S. effectiveness in an important and volatile area...

Author: /time Magazine | Title: Lebanon Invasion: The High Cost of Friendship | 6/21/1982 | See Source »

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