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...newspaper is an unconstitutional price for exercising First Amendment rights." But Michael Missal, a lawyer for the Securities and Exchange Commission, said, "We don't expect every journalist to disclose all financial relationships." Instead, he explained, the Government's case is aimed specifically at efforts to grab quick profits triggered by foreknowledge of a particular story. A similar case, under investigation by the SEC, involves several CBS employees who allegedly exploited awareness of an upcoming negative story on the commercial sugar substitute NutraSweet by engaging in transactions that presupposed there would be a drop in the stock price...

Author: /time Magazine | Title: Press: Impropriety or Criminality? | 9/10/1984 | See Source »

...house information upsets some firms. Said Robert Stovall, director of investment policy for the Wall Street firm Dean Witter Reynolds, whose directory will probably be offered: "It's an invitation to subject our employees to unwanted solicitations. The book wasn't prepared for some parasite to grab it and sell it." Dean Witter considers its directory to be proprietary information, and may copyright it to protect it further. Bank of America already did that last year to stop CIS from selling the bank's phone book...

Author: /time Magazine | Title: Communications: Sorry, Right Number | 8/27/1984 | See Source »

...never for so much as an instant been lost in the air. Nevertheless, her fear of losing her orientation in mid-dive is so great that she seeks help for it from a sports psychologist who is on call to the team. Michele Mitchell, 22, missed her hand grab (divers clasp their hands as they enter the water, then let go) while practicing 10-meter dives last winter. Her right shoulder "jerked around somewhere behind me," and eventually required surgery. She was out of action for 4½ months...

Author: /time Magazine | Title: Olympics: A SOARING, MAJESTIC SLOWNESS | 8/20/1984 | See Source »

...pass through the chain-link fence. A female hurdler sprints along one side of the track. Lewis, his coach Tom Tellez, and Carl's friend Kirk Baptiste, a University of Houston sophomore who will run the 200 meter, set up shop on the opposite side. "Carl, go grab the tape measure!" Tellez yells from the stands. Lewis ambles over to the tape...

Author: /time Magazine | Title: Olympics: Carl Lewis: Man in the Eye of a Media Hurricane | 8/13/1984 | See Source »

...been highlights all the way. For You was not the hottest seller in the stores, but the fact that Prince had written, produced and played all the instruments on his first effort got the press making comparisons to Stevie Wonder. There were four more albums and a wonderful grab bag of singles like When You Were Mine and Little Red Corvette. Now there is Purple Rain, a No. 1 sound-track album with a No. 1 single, When Doves Cry, that is the first song since Billie Jean to reach the top slots simultaneously on the pop, black and dance...

Author: /time Magazine | Title: Music: His Highness of Haze | 8/6/1984 | See Source »

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