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With Siegel's help, Giuliani has cast a harsh spotlight on the elite Wall Street profession of investment banking. Most of the attention focused on Kidder, Peabody and Goldman, Sachs, since the alleged crimes took place while the accused were employed at those companies. The name of Merrill Lynch came up because Tabor worked at the firm for about six months prior to his arrest, but none of the insider trading uncovered by investigators took place there. All three companies issued strong denials that they had taken part in any illegal activity...

Author: /time Magazine | Title: A Raid on Wall Street | 2/23/1987 | See Source »

...largely bears out that judgment, even if it is still too early to tell how the hall ultimately will turn out. The Boston Symphony under Seiji Ozawa, which performed Mahler's "Resurrection" Symphony * during opening week, bloomed in the new environment, but the Philadelphia Orchestra under Riccardo Muti sounded harsh and edgy in Beethoven's "Eroica" Symphony. Bass Samuel Ramey effortlessly reached the far edges of the balcony in his triumphant January recital, but it took several minutes before Warren Jones, his accompanist, adjusted his touch in order to project each melodic strand cleanly...

Author: /time Magazine | Title: Music: Sounds in The Night | 2/16/1987 | See Source »

...national state of emergency last June, incidents of political violence have dwindled to just a handful a day. According to government figures, the number of deaths in racial conflicts dropped from 665 to 251 between the first and the second half of last year. Under the country's harsh press restrictions, no violent incidents can be reported on or photographed by journalists. The decreased coverage adds to the public's sense of returning normality. Botha's anti-Americanism theme is likely to win a favorable response. In 1977 his party ran a campaign against Jimmy Carter, who was then pressuring...

Author: /time Magazine | Title: South Africa Running Against America | 2/16/1987 | See Source »

...Sahara Desert. Worse yet, said the report, sub-Saharan Africa now produces less food per person than it did in 1960, despite the tens of billions of aid dollars spent on rural development. Among reasons for this dismal record: ceaseless political strife, wrongheaded economic policies and a harsh and erratic climate...

Author: /time Magazine | Title: Third World Hard Times for Foreign Aid | 2/9/1987 | See Source »

...Gilbert). Also ahead of us though are Cibula, Smith, Davenport and Yang--four undergraduate playwrights getting their scripts produced. These particular plays are difficult to classify, ranging from Sweet Sins, a drama about domestic violence to A Nite-Lite, which the Common Casting pamphlet describes only as, "Urban. Absurd. Harsh. Ludicrous. Surprising. Possible...

Author: By Abigail M. Mcganney, | Title: CURTAIN CALL: | 2/6/1987 | See Source »

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