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Jovanovich, the son of a poor immigrant coal miner, never owned more than 2% of HBJ's stock. This lack of control came to haunt him after he expanded the firm too rapidly in the 1980s. When the company's stock sank in early 1987, British publishing tycoon Robert Maxwell launched a hostile takeover bid. In a long and bitter fight, Jovanovich prevailed by recapitalizing HBJ with nearly $3 billion in debt, a large chunk of it in junk bonds. Maxwell, who called Jovanovich "a dumb Croat coal miner" who "killed" the company, has offered to buy some assets. "Maxwell...

Author: /time Magazine | Title: Debt Topples | 6/11/1990 | See Source »

...technology of atomic energy is not perfect. This could happen anywhere." Kostin lives in Kiev, 100 km (62 miles) from Chernobyl, and was a successful construction engineer before turning photographer at age 36. His trips to Chernobyl and its environs have deeply disturbed him. The children he saw haunt him the most. "They are the ones who became innocent victims of our so-called civilization." As for himself, "it's hard to live among normal people now," he observes. "A person who has been through hell has a different attitude. He breathes the air and feels the sunshine differently...

Author: /time Magazine | Title: Environment: Man with A Mission | 4/9/1990 | See Source »

...light clicked on in my head. Three years ago, the Internal Revenue Service had snooped around my neighborhood asking about a Michael G. Riley and his horrendous credit history. After many phone calls, the IRS admitted it had the wrong man. Perhaps my deadbeat namesake had returned to haunt my credit rating. Hearing this tale, Mr. Thomas softened a bit and told me to send him some identifying papers. Then he dropped another bombshell: Citibank, he said, had discovered a "death alert" filed on my Social Security number in 1981. So not only was my credit a disaster...

Author: /time Magazine | Title: Sorry, Your Card Is No Good | 4/9/1990 | See Source »

That would put the decision back in the families' hands and leave them with the ultimate, intimate reckoning -- a weighing of needs and fears and risks and possibilities. Long after the decision is made, the resolution may continue to haunt. But, in a sense, the abiding difficulty of these choices has a value of its own. It reflects the deep desire to do the right thing and respect the wishes of a loved one -- and also an unshakable sense that life is neither to be taken nor relinquished lightly, even in mercy's name...

Author: /time Magazine | Title: Ethics: Love and Let Die | 3/19/1990 | See Source »

...between Azerbaijanis and Armenians threatens to tie down the Soviet army as well as Gorbachev. -- Historic hatreds increasingly haunt Eastern Europe. -- The strange case...

Author: /time Magazine | Title: Time Magazine Contents Page | 1/29/1990 | See Source »

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