Word: foundered
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Dates: during 1980-1989
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Throughout the sweltering afternoon, the crowd anticipated one speaker more eagerly than anyone else: Jesse Jackson, 41, founder of Operation PUSH (for People United to Serve Humanity), who is in the highly public process of deciding whether or not to make a bid for the presidency. Taking nearly three times the five minutes allotted to speakers, the safari-suited and hoarse-throated Jackson did not tip his hand one way or the other on the presidential question. But as the marchers hushed for one of the few sustained periods of quiet in a long day of oratory, Jackson delivered...
...founder of the Contadora group, Mexican Foreign Minister Bernardo Sepúlveda Amor, 41, has been actively involved in seeking a peaceful solution to the conflicts in Central America. The stylish, eloquent former professor of international law met with TIME Mexico City Bureau Chief James Willwerth and Reporter Laura López last week to offer his analysis of the region's troubles. Excerpts from the interview...
...publications on the left enjoy exceptional prestige. Clearly the most powerful is Spiegel, though it is also widely disliked for its unpleasantly dogmatic style. Its founder and publisher, Rudolf Augstein, 59, stridently argues that U.S. and West German interests inevitably are in conflict, particularly on the reunification of Germany. The weekly is by West German standards an enterprising investigative publication, and its ideology has not kept it from publishing stories that embarrass the Social Democrats. Last year Spiegel exposed payoffs to politicians, including SPD leaders, in exchange for tax breaks for the giant Flick conglomerate. More important, Spiegel...
...years of preparation, the contest can founder on the merest wisp of bad luck. But Australia II's performance so far, along with the New York Yacht Club's anguished reaction to that success, has created extraordinary confidence in the Aussie camp. Australia II's skipper, John Bertrand, 36, is already contemplating how Australia will change the rules after it captures the Cup. "If we win," he says, "we're going to make sure all sailcloth must be made of kangaroo hide. Then we are going to fill up a salt lake in the outback...
DIED. Ross Roy, 85, founder and chairman of the thriving Detroit-based advertising agency (1982 billings: $222 million) that bears his name, who revolutionized auto ad-sales techniques by introducing comparison studies for Dodge in the mid-1920s, and then applied the strategy to a variety of other products; of Parkinson's disease; in Grosse Pointe Shores, Mich...