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...businessman who is accused of using Lincoln as a private casino, is emblematic of the nation's $300 billion-plus S & L disaster. But he has no dearth of accomplices. There are the so-called Keating Five -- Senators Dennis DeConcini and John McCain of Arizona, John Glenn of Ohio, Donald Riegle of Michigan and Alan Cranston of California -- who received $1.3 million in contributions from Keating and went to bat for him against federal regulators. The five sank deeper into trouble last week when the Senate ethics committee appointed outside counsel to investigate. The FBI also expanded its Keating probe...

Author: /time Magazine | Title: A Legal Bank Robbery | 11/27/1989 | See Source »

...with the utterly novel idea of packaging an option on Irises, in the event that Dallhold Investments -- the holding company through which Bond owned the picture -- defaulted. The auction house rejected this proposal. In late 1988 Bond himself reportedly tried to pass off Irises to the New York megadeveloper Donald Trump as partial payment on a $180 million deal for the St. Moritz Hotel. Trump, no collector, said the painting was worth only $30 million and turned him down...

Author: /time Magazine | Title: Art: The Anatomy of a Deal | 11/27/1989 | See Source »

...first she tried to dodge prickly questions about her reliance on astrology, her feuds with White House chief of staff Donald Regan and her troubled relations with her children. "When she'd say, 'Now Bill, you're not going to talk about this,' I'd use the editors: 'But the editors insist on these subjects,' " says Novak. "The fact is, if you ask readers to pay $22 for a book, you have to reveal new material. Ironically, the better known the person the more they must reveal." Recalls Reagan: "There were tough, difficult times and good times. But I wanted...

Author: /time Magazine | Title: Books: The Celebs' Golden Mouthpiece: William Novak | 11/27/1989 | See Source »

SPECIAL PROJECTS EDITOR: Donald Morrison EDITOR AT LARGE: Strobe Talbott...

Author: /time Magazine | Title: Time Magazine Masthead Vol.134, No. 22 NOVEMBER 27, 1989 | 11/27/1989 | See Source »

Executive Vice Presidents: Donald M. Elliman Jr., S. Christopher Meigher III, Robert L. Miller...

Author: /time Magazine | Title: Time Magazine Masthead Vol.134, No. 22 NOVEMBER 27, 1989 | 11/27/1989 | See Source »

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