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Prime Minister Bettino Craxi of Italy did lavish effusive praise on Reagan's speech in a bilateral meeting on Thursday. But then Craxi and Reagan were both eager to demonstrate renewed friendship after the angry exchanges over the Achille Lauro hijacking and the Italian release of Suspected Plotter Abul Abbas that led to the fall of Craxi's government (he is now forming a new one). Thatcher was more reserved. She told British reporters that Reagan's proposal for a regional peace process "requires a great deal of thinking before we dash into comments...

Author: /time Magazine | Title: Let's Change the Subject | 4/18/2005 | See Source »

...that is needed to play this lucrative game is mountains of borrowed money--or leverage, in financial jargon--which lenders seem eager to provide. A record $10.8 billion was spent to take companies private in 1984, vs. just $636 million in 1979. This year's pace is even more furious...

Author: /time Magazine | Title: The Popular Game Of Going Private | 4/18/2005 | See Source »

...were investors so eager to buy? The fund earned $20 million for the three months ending Sept. 30. American Express also helped its own cause. When it came to selling the Fireman's stock, its Shearson Lehman Bros. division turned into a high-powered marketing machine. CORPORATIONS "It's Just That Awful Word...

Author: /time Magazine | Title: Business Notes: Nov. 4, 1985 | 4/18/2005 | See Source »

...firings underscored their fear that the loyalties of Sauter, 50, and Joyce, 52, no longer belong to the news division but to Black Rock, the nickname for CBS Inc.'s Manhattan headquarters. According to their critics, the two men have their feet firmly on the corporate ladder and are eager to advance upward. Though both spent much of their careers as journalists (Sauter worked as a newspaperman for nine years, while Joyce began as a radio reporter), they made their reputations in management positions. Sauter served as the network's chief censor and head of the sports division before becoming...

Author: /time Magazine | Title: Press: Discord in the House of Murrow | 4/18/2005 | See Source »

...plans to tell Gorbachev, advisers say, is roughly this: The U.S. does not and will not threaten the Soviet Union militarily or politically. It is the U.S.S.R. that killed détente by its military buildup and its aggressive efforts to spread Communism through the Third World. The U.S. is eager for a fresh start, but that will require modification of the behavior that causes Americans to view the Soviet Union as an expansionist totalitarianism...

Author: /time Magazine | Title: Geneva:The Whole World Will Be Watching | 4/18/2005 | See Source »

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