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Though the projections are far gloomier than those issued by the World Health Organization and the Harvard School of Public Health, they cannot be easily dismissed; the researchers, Roy Anderson of the Imperial College of Science and Technology in London and Robert May of Oxford, are highly respected. There are, however, legitimate questions about the study: for example, it presumes a higher level of sexual contact between older infected men and younger women than may actually occur. But even if it's accurate, some public-health officials would rather not know. Such gloomy talk, they fear, will persuade African governments...

Author: /time Magazine | Title: African Apocalypse | 7/6/1992 | See Source »

...waste-disposal concern sold more than $2 million worth of company stock. General counsel Howard Hoover and chief financial officer R. John Stanton Jr. dumped half of their holdings at about 27 a share. The trades attracted little attention or suspicion until Browning-Ferris surprised Wall Street with a gloomier-than-expected earnings forecast and its stock plunged 19%. While most shareholders got trashed, Stanton and Hoover avoided $468,000 in losses with their timely sales. Disclosure of the trades led to the resignation of both executives as well as an SEC investigation, which is ongoing...

Author: /time Magazine | Title: Trading on The Inside Edge | 6/15/1992 | See Source »

...Timofeyev, a prominent Russian republic economist, is more specific, and even gloomier. Says he: "If we do not introduce full-fledged private-property rights and freedom of private entrepreneurship within the next two months, we are in for such catastrophes and upheavals that they will sweep away ((Russian President Boris)) Yeltsin, ((Prime Minister Ivan)) Silayev and you and me. This country is already in the midst of a real economic and financial catastrophe. If the West does not help us, we are in for some very serious attempts to restore a fascist-type regime...

Author: /time Magazine | Title: Soviet Union Will a Weak Democracy Spawn a Dictatorship? | 9/23/1991 | See Source »

Nowadays Soviets want to talk about nothing but their domestic situation. The more alarming the subject and the gloomier the prospect, the more they have to say. Topic A is the stagnation of the economy. Topic B is the eruption of the nationality problem. Topic C is how terrible it is that A and B should be happening at the same time...

Author: /time Magazine | Title: America Abroad: Case of May Day Blues | 5/14/1990 | See Source »

...Miami's skyline in the booming 1980s. The tower was visual testimony to the success of CenTrust Bank, which grew out of near failure seven years ago into the largest savings and loan in the Southeast (peak assets in 1989: $11 billion). But the building took on a gloomier symbolism last month when federal regulators seized the now insolvent thrift and ousted its top executives. As the Government conducts a bailout that could cost $2 billion, federal agencies are investigating David Paul, 50, the CenTrust chairman who presided in grand style over the thrift's rise and fall. Paul, says...

Author: /time Magazine | Title: His Personal Piggy Bank | 3/12/1990 | See Source »

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