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Boesky seemed determined to become richer than his father-in-law. His zealousness shocked the arbitrage business, which had been accustomed to small, cautious investments. Boesky frequently bet the ranch, sometimes tens of millions of dollars, on single takeover bids. His gambles usually succeeded, which he attributed to an unheard...

Author: /time Magazine | Title: Money Was the Only Way | 12/1/1986 | See Source »

Three U.S. naval ships last week pulled into the northern Chinese port of Qingdao as a 21-gun salute fired and a 27-piece brass band played Happy Days Are Here Again. The vessels were in China for a six-day stopover, the first such visit by American military ships...

Author: /time Magazine | Title: Soviet Union Pacific Overtures | 11/17/1986 | See Source »

If Moscow's Pacific overtures were confined to the island states, the Klaxons might not be sounding so furiously in Washington. But the Soviet diplomatic offensive has a wider reach. Last June the Kremlin created a new bureau within the Foreign Ministry, the so-called Pacific Ocean Department, and began...

Author: /time Magazine | Title: Soviet Union Pacific Overtures | 11/17/1986 | See Source »

When the cries of "Cory! Cory! Cory!" filled the streets of Manila last February, it seemed that Corazon Aquino could do no wrong. Her shy smile, the staccato rhythm of her speeches and her cheerful yellow dresses inspired hope and goodwill not only in the Philippines but around the world...

Author: /time Magazine | Title: The Philippines Putting Politics Back in the Streets | 11/10/1986 | See Source »

Toward that end Turner used his position as the chairman of Turner Broadcasting Systems, Inc., what he calls the "first global communications network," to organize this summer a U.S.-Soviet athletic contest called the "Goodwill Games."

Author: NO WRITER ATTRIBUTED | Title: Turner Calls for Love and Understanding | 10/30/1986 | See Source »

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