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Joseph Fernandez Colonel, U.S.A. (ret.) Lutz, Fla...

Author: /time Magazine | Title: Letters: Aug. 8, 1983 | 8/8/1983 | See Source »

James G. Kelly Palm Harbor, Fla...

Author: /time Magazine | Title: Letters: Aug. 8, 1983 | 8/8/1983 | See Source »

Elizabeth Zilli Miami Lakes, Fla...

Author: /time Magazine | Title: Letters: Aug. 8, 1983 | 8/8/1983 | See Source »

...were feeling outrage and despair. Many elderly bondholders were depending on the securities for retirement income, but the bonds that had been bought as recently as March 1981 for $5,000 sold last week for as little as $700. Robert Kahn, 69, a former court reporter living in Hollywood, Fla., and his wife Selma, 67, had $10,000 invested in Whoops Nos. 4 and 5 bonds. Says he: "I felt secure. That was the whole point of buying the bonds. I didn't want to make extra money. I just didn't want to lose what...

Author: /time Magazine | Title: Whoops! A $2 Billion Blunder: Washington Public Power Supply System | 8/8/1983 | See Source »

...criminal prosecutions were planned, at least for the moment. But Weinberger said that an officer at the Naval Training and Equipment Center (NTEC) in Orlando, Fla., would be reassigned to another post. The officer, whose name was not revealed, had purchased 348 items, including lamps and microcircuits, from the Sperry Corp. at a cost of $80,204 rather than from Pentagon inventories, where they would have cost...

Author: /time Magazine | Title: Cap Gets Tough: Caspar Weinberger Landing on military suppliers | 8/1/1983 | See Source »

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