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Later Kissinger turned his fire on the Pentagon and contributed to Gerald Ford's decision to replace James Schlesinger with Donald Rumsfeld as Secretary of Defense. It was a Pyrrhic victory. In 1976 Rumsfeld undermined Kissinger's attempt to negotiate an arms-control treaty with the Soviet Union. Why? Because detente had become a political liability to Ford in an election year...

Author: /time Magazine | Title: America Abroad: Happy Campers, for a Change | 8/28/1989 | See Source »

Entertainer Merv Griffin was hailed as a tough and savvy bargainer last year when he bested billionaire Donald Trump in a battle for control of Resorts International, which owns casino-hotels in Atlantic City and the Bahamas. But now Griffin's plunge into gambling is looking like a dubious bet. Last week Resorts reported a $46.6 million loss for the year's first half. To stay afloat, Resorts may have to reduce sharply the $925 million in debt that Griffin assumed when he acquired the company for about $365 million...

Author: /time Magazine | Title: CASINOS: Who Really Won the Pot? | 8/28/1989 | 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.9 AUGUST 28, 1989 | 8/28/1989 | See Source »

SPECIAL PROJECTS EDITOR: Donald Morrison...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 134 No.9 AUGUST 28, 1989 | 8/28/1989 | See Source »

SPECIAL PROJECTS EDITOR: Donald Morrison...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 134 No. 8 AUGUST 21, 1989 | 8/21/1989 | See Source »

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