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Many correspondents painted a benign picture of the financial wizard whose acumen, and sometimes shady practices, powered the 1980s takeover wars. While Milken earned more than $1 billion as the guru of the now defunct Wall Street firm Drexel Burnham Lambert, friends argued that accumulating vast wealth was never his main goal. Wrote CBS president Laurence Tisch, who said he has known Milken for almost 20 years: "I have rarely dealt with a more dedicated and faithful professional or one more sensitive to the needs and goals of his clients or more mindful of the needs of society at large...

Author: /time Magazine | Title: Dear Judge: Go Easy on Michael Milken | 9/24/1990 | See Source »

...package to replace a program that the national parliament roundly rejected in June. During a meeting with the Gorbachev-Yeltsin team last month, Ryzhkov reportedly protested that the group's decentralization schemes would "ruin and bury the Soviet Union." Deputy Prime Minister Leonid Abalkin, the government's chief economic guru, has also charged that "everything is being done to malign and overrun this last stronghold" -- the central government. But the leaders of the Russian republic take a different view. As Yeltsin bluntly put it: "I consider the resignation of the Ryzhkov government a condition for the successful implementation of economic...

Author: /time Magazine | Title: The Gulf: Gorbachev's Home Remedy | 9/17/1990 | See Source »

When will all-solar cars be rolling out of local showrooms? Probably never, says Paul MacCready, the guru of low-powered transportation and one of the designers of the GM Sunraycer, winner of the 1987 World Solar Challenge across Australia. To run dependably on cloudy days, a solar car would have to carry sufficient power to make the trip on batteries alone. Better to charge the car from a wall socket and use the solar cells elsewhere -- perhaps at power stations to ease the load of generators running on nuclear or nonrenewable fossil fuels. The real value of Sunraycer, says...

Author: /time Magazine | Title: Technology: Racing Along on Sunshine | 7/23/1990 | See Source »

Harvard Greek mythology guru Gregory Nagy, in his popular course on Homeric poetry, describes "the revenant"--the hero who returns from beyond the grave to accomplish his life-defining mission. Like Odysseus, the Ghostdad returns from the underworld to a greater understanding of the universe and, more importantly, to a more balanced existence...

Author: By Stephen J. Newman, | Title: Ghostdad Will Have You Die Laughing | 7/13/1990 | See Source »

...selection of both new and used books, and is particularly strong in the social sciences. Although it's a little weak in the fiction department, Harvard Bookstore's extensive non-fiction selection seems to attract the creme de la creme of Harvard's book shoppers (I once found poetry guru Helen Vendler's Mastercard on the floor near the bestselling paperbacks...

Author: By Brian R. Hecht, | Title: Catering to Harvard Consumers | 6/25/1990 | See Source »

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