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...internal CBS study of the show, inspired by a TV Guide article last May calling the program "a smear," was protected by a business or journalistic privilege of confidentiality. The study was conducted by CBS News Senior Executive Producer Burton Benjamin and was summarized by CBS News President Van Gordon Sauter in a memorandum made public in July. Drawing on Benjamin's study, Sauter conceded that the program had deviated from certain CBS News practices, but stood by its substance as essentially accurate. Westmoreland's lawyers, contending that Sauter's statement had constituted a further libel, sought...

Author: /time Magazine | Title: Law: Full-Court Press on CBS | 5/9/1983 | See Source »

...they are back. Many have simply been taking funds directly out of savings or checking accounts and putting it into stocks. Monthly sales of stock funds have been averaging $1.8 billion this year, according to the Investment Company Institute. That is three times the level of 1982. Says Monte Gordon, research director for Dreyfus Corp.: "The influx of cash has been nothing short of an explosion." Gordon notes that IRA money has been rolling into his company's stock funds five times as quickly as into its once fast-growing money-market funds. Adds he: "If that doesn...

Author: /time Magazine | Title: Wall Street's Spring Rally | 5/2/1983 | See Source »

DIED. Larry ("Buster") Crabbe, 75, former swimming champion and 1930s film star best known as the original Flash Gordon and Buck Rogers; in Scottsdale, Ariz. After winning a gold medal in the 1932 Olympics, he moved to Hollywood, eventually calling himself "King of the Serials" for his intrepid science-fiction roles. Crabbe later became a fitness and exercise advocate, swimming a steady two miles a day well into...

Author: /time Magazine | Title: Milestones: May 2, 1983 | 5/2/1983 | See Source »

...Daily News (circ. 40,000), to the Gannett Co. the nation's biggest (87 dailies) newspaper chain. But Hederman's goal of improvement survived. The paper opened bureaus in three Mississippi cities and began to send reporters to cover stories throughout the South. Says Managing Editor Rober Gordon: "We are a good newspaper trying to get better...

Author: /time Magazine | Title: Press: New South at the Clarion-Ledger | 5/2/1983 | See Source »

...directly tied to its income and could affect alumni gifts for years. If Harvard values those lost donations more than the stock in South Africa, then it would think seriously about divestiture. Don't try to appeal to Harvard on moral grounds--attack it on financial grounds. Danielle Gordon...

Author: NO WRITER ATTRIBUTED | Title: Hunger Strike | 4/20/1983 | See Source »

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