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Harken's biggest flaw as a would-be Big Oil Company was its lack of a refinery. In 1989 Quasha made a $190 million bid for a publicly held refinery, Tesoro Petroleum. Tesoro never had any interest in merging -- its board wouldn't even respond directly to the offer -- nor did Quasha have any interest in carrying out a hostile bid. The debacle wound up costing Harken millions of dollars in expenses. The only party to make out handsomely was Quasha himself; his law firm has collected more than $1 million in fees since + 1988 by handling these and other...

Author: /time Magazine | Title: Global Intrigue: The Wackiest Rig in Texas | 10/28/1991 | See Source »

There is a subtler, graver flaw, one that readers may not recognize unless they pick up another current book about Von Stein's case, Jerry Bledsoe's Blood Games (Dutton; 451 pages; $22.95). In telling Bonnie Von Stein's story, McGinniss adopts, consciously or not, her view that her son was mostly a pawn manipulated by dangerous friends. McGinniss stresses the young man's weakness of character and instability; he quotes defense and prosecution attorneys describing the youth as a "wimp," and attempts to establish his two co- conspirators as evil geniuses. Even the photograph McGinniss uses shows Von Stein...

Author: /time Magazine | Title: The Journalist and the Murder | 10/14/1991 | See Source »

...chip clients ranges from Pepsi to Procter & Gamble. Last week he suddenly resigned as chief executive, still denying reports that he had been shoved out. For Dilenschneider, it was a . heartbreaking fall, 24 years after he began to climb the company ladder. The man seemed to have a tragic flaw: the more powerful he became, the more he believed in his own greatness...

Author: /time Magazine | Title: Management: Too Much Flak Downs a Flack | 10/7/1991 | See Source »

Baseball isn't really for strong, quick fellows who can bat .296; it is for skinny nonathletes who can memorize earned-run averages. Football is for Republicans. But what character flaw is fed by watching tennis six hours a day for two weeks when the French Open, Wimbledon or the U.S. Open is on the tube...

Author: /time Magazine | Title: Balls And Brats | 9/2/1991 | See Source »

...Thomas' personal success in rising from rural poverty in Georgia to the federal Court of Appeals but criticized his "insensitivity to giving those who may not have any bootstraps the opportunity to pull themselves up as well." Translation: liberal activists view Thomas' skepticism toward affirmative action as a fatal flaw. Within hours, the AFL- CIO's executive board joined the opposition, and the Leadership Conference on Civil Rights is now virtually certain to fight Thomas too. The latest pile- on by Thomas' adversaries poses an obstacle to Senate confirmation, which until last week had seemed a good bet. Most Senators...

Author: /time Magazine | Title: Civil Rights: Doubts About Thomas: Doubts About Thomas | 8/12/1991 | See Source »

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