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...source of concern is the Clinton Administration, which many on Wall Street now regard with disdain. Investors fret that Clinton's proposed tax hikes and forthcoming plans to finance health-care reform would slow the economy, squeeze corporate profits and thereby bring stock prices down. At the same time, critics charge that Clinton's often wishy-washy style has helped chill business and consumer confidence. "A weak presidency always makes markets very nervous," says Stephen Bell, the Washington-based managing director of Salomon Brothers. "We saw that late in the Bush Administration, and we're seeing it now under Clinton...

Author: /time Magazine | Title: How Long Will the Bull Run? | 5/17/1993 | See Source »

...Dufour, a director of the Credit Lyonnais, dismisses the fears of Ovitz's critics who fret about conflicts of interest. Ovitz will meet with the bankers often, maybe monthly, but Dufour says Ovitz will wield no operational power over the studio. "Absolutely not. False -- completely wrong," he says. "MGM has its own management. MGM makes its own decisions. We do not tell it what to do; nor will anyone else." His presence, however, will inevitably be felt by studio executives and by moviemakers cutting MGM deals...

Author: /time Magazine | Title: The Ultimate Mogul | 4/19/1993 | See Source »

...other cities. In December Mubarak ordered 14,000 police and 100 armored personnel carriers to sweep Imbaba, a Cairo neighborhood known to be a sanctuary for extremists. Hundreds of fundamentalists were arrested. Still, the antigovernment attacks continue. Authorities now worry about the proliferation of small terrorist groups; diplomats fret about ham-fisted tactics. "The danger," warns an envoy, "is that fundamentalists may attain a level of faith that invites martyrdom...

Author: /time Magazine | Title: Sheik Omar Abdel-Rahman: A Voice of Holy War | 3/15/1993 | See Source »

...risks to deliver food and medicines to suffering Bosnians? Or back away from responsibility? Initially wary of a venture he feared might jeopardize the safety of peacekeepers on the ground, U.N. Secretary-General Boutros Boutros-Ghali eventually endorsed the plan, but some members of the Security Council continued to fret privately about the wisdom of the airlift. European allies suspected Clinton's initiative might have resulted from the need to be seen as doing something more active -- a public relations ploy designed to display American leadership. But the airlift also signaled a degree of U.S. engagement that the Europeans have...

Author: /time Magazine | Title: High-Altitude | 3/8/1993 | See Source »

EVERY ONE OF US KNOWS THE SENSATION OF GOING UP, on retreat, to a high place and feeling ourselves so lifted up that we can hardly imagine the circumstances of our usual lives, or all the things that make us fret. In such a place, in such a state, we start to recite the standard litany: that silence is sunshine, where company is clouds; that silence is rapture, where company is doubt; that silence is golden, where company is brass...

Author: /time Magazine | Title: The Eloquent Sounds of Silence | 1/25/1993 | See Source »

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