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...Hambrecht, a Princeton graduate who grew up on Long Island, N.Y., was a discontented broker working in the San Francisco office of Francis I. du Pont & Co., a now defunct New York City investment firm. One evening he stopped for a drink at the Kona Kai Club in San Diego with George Quist, a friend who was a venture-capital specialist for Bank of America. After commiserating a while over the excessive caution of big companies and consuming two bottles of wine, Hambrecht and Quist decided to launch their own venture-capital fund...

Author: /time Magazine | Title: Four Financial Genies | 1/23/1984 | See Source »

...naming of U.S. President Ronald Reagan and Soviet President Yuri Andropov as Men of the Year marks the third occasion on which the editors of TIME have made a double selection. In 1937 TIME named China's Generalissimo Chiang Kai-shek and Madame Soong Mei-ling as Man and Wife of the Year for staunchly resisting the invading Japanese. Thirty-five years later, in 1972, President Richard Nixon and National Security Adviser Henry Kissinger were chosen for their efforts to realign U.S. diplomacy and end the Viet Nam War. Each of these pairings was made up of celebrated figures...

Author: /time Magazine | Title: A Letter From The Publisher: Jan. 2, 1984 | 1/2/1984 | See Source »

...timber country of southern Arkansas. The last time its tenth-graders took the basic skills test they placed in the bottom 12% of national scores. The average teacher's salary is only $11,663, and not one teacher is certified to teach physics, foreign languages or art. Says Kai Erickson, executive secretary of the Arkansas Education Association (A.E.A.): "Education has never been a high priority in Arkansas...

Author: /time Magazine | Title: Education: No More Dragging Up the Rear | 12/26/1983 | See Source »

From dusty Nanking streets, sleek limousines converged on a plain brick residence in the spacious Ministry of National Defense compound. It was Friday afternoon; by 2 o'clock Generalissimo Chiang Kai-shek's small drawing room was jammed with ranking Kuomintang officials. Tense and silent, they waited...

Author: /time Magazine | Title: Foreign News 1949: China: What Can Li Do? Chiang Kaishek Steps Down | 10/5/1983 | See Source »

...Louis comes to this stunning conclusion by putting together the fact that KAI, has close ties to the KCIA (Korean Central Intelligence Agency), with the notion that Flight 007 was so far off course that it must have been so by design, in order to photograph highly sensitive Russian military bases. This, of course, is the Russian propaganda line, and it truly amazes and frightens me that seemingly intelligent Americans and Western Europeans are willing to believe it over the statements of their own governments...

Author: NO WRITER ATTRIBUTED | Title: KAL 007 | 9/30/1983 | See Source »

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