Word: gorbachevized
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WHENEVER HE WANTS TO GAMBLE ON A FEW HOT stock tips, Mikhail Gorbachev can go to the source. Last week, when he visited the seat of American capitalism, employees of the New York Stock Exchange cheered lustily and gave him a gold- plated member badge. As he was feted in the boardroom, Gorby told members, "I'd like very much for you to establish good links with the Russian exchanges. I'll always remember there are bulls as well as bears," he added, "because we know a lot about bears...
NOTHING ABOUT MIKHAIL GORBAchev's triumphal two-week tour of the U.S. $ suggested that he was a politician removed from power. Americans, who still see the last President of the Soviet Union as the man most responsible for ending the cold war, received him with standing ovations from Stanford University to the New York Stock Exchange to Capitol Hill. Though he resigned his office more than four months ago, he has lost neither the aura nor the trappings of a major political figure...
Nothing about Gorbachev himself, when he met for an hour with TIME's editors at the Waldorf Towers in New York City last week, suggested a diminution of power either. This was, his press representative explained, not an interview but only an informal conversation, and he could not be quoted directly...
...voluble as ever. He looked fit and sounded feisty. This was not a man nursing a sense of regret or meditating on mistakes he might have made. Though his visit to the U.S. was ostensibly to raise funds and make contacts for his new political think tank, the Gorbachev Foundation, it also eased him smoothly into the rarefied ranks of senior statesmen whose pronouncements are expected to reverberate around the globe. His theme is a corollary of his own perestroika: the whole world is in need of change and reorientation...
Five years after his speech, Churchill became Prime Minister again; Gorbachev too may dream of political resurrection. He was in the midst of a 13-day speaking tour of the U.S., trying to raise $3 million for his new think tank in Moscow. At an earlier stop last week, Ronald Reagan was host at a luncheon near Los Angeles in Gorbachev's honor. Ticket price...