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Word: grand (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Usage:

...Security Adviser John Poindexter; fired NSC Aide Oliver North; and two arms dealers, former Air Force Major General Richard Secord and Iranian-born Businessman Albert Hakim. They were charged with conspiring to defraud the U.S. by establishing and concealing a plan for illegally supporting the Nicaraguan contras. The federal grand jury also charged all four defendants with theft of Government property for siphoning off more than $17 million in proceeds from U.S. arms sales to Iran, and with wire fraud resulting from the movement of the money through Swiss bank accounts. The three counts together carry maximum penalties...

Author: /time Magazine | Title: Conspiracy, Fraud, Theft and Cover-Up: Iranscam Indictment by Walsh | 3/28/1988 | See Source »

...indictment was affected by the forbidden testimony. The burden of proof is on Walsh. "It's not just a matter of proving that the prosecutors were in hermetically sealed isolation chambers for the last year," says Philip Lacovara, a member of the Watergate prosecution team, "but that the grand jurors were in the same isolation chamber. That's not easy." If Walsh loses that challenge, the entire indictment could be dismissed. The arguments could drag on for a year or more. By the time North and his associates ever face a jury, Ronald Reagan may be long gone from...

Author: /time Magazine | Title: Conspiracy, Fraud, Theft and Cover-Up: Iranscam Indictment by Walsh | 3/28/1988 | See Source »

...these two frontiers of computer research. One group, working with the lightning-fast machines known as supercomputers, is always pushing for more raw power, more blazing speed. The other group, writing programs that show the rudiments of artificial intelligence, explores the mysteries of human thought. Each of these two grand scientific enterprises, backed by billions of research dollars and blessed with some of the century's best minds, has proceeded as if the other did not exist...

Author: /time Magazine | Title: Technology: Fast and Smart | 3/28/1988 | See Source »

Making parallelism work will benefit not just supercomputer users but also those researchers in computer science's other grand project, artificial intelligence. In fact, one of the most advanced parallel machines, a 65,536- processor computer called the Connection Machine, was built by researchers trained at M.I.T.'s Artificial Intelligence Laboratory. W. Daniel Hillis, the 31-year-old engineer who designed the computer, sees in it the first concrete evidence of what he views as an inevitable convergence of the two fields. "Supercomputing is an enabling technology for artificial intelligence," says Hillis. "Just as you couldn't build an airplane...

Author: /time Magazine | Title: Technology: Fast and Smart | 3/28/1988 | See Source »

Only a few months ago, the British government turned to Kuwait as a savior. Under Prime Minister Margaret Thatcher's grand privatization plan, the government had been ready last October to sell its 32% stake in British Petroleum to the public. Then stock markets around the world crashed. Since the BP shares had been priced far above their postcollapse market value, it seemed certain that few investors would buy them. Enter the Kuwait Investment Office, the London-based agency of Kuwait's Finance Ministry that handles the bulk of the Arab country's overseas holdings. Beginning in early November...

Author: /time Magazine | Title: First A Savior, Now a Suspect | 3/28/1988 | See Source »

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