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When U.S. Surgical Corp. of Norwalk, Conn., piled up pretax profits of $32.9 million between 1979 and 1981, its top officers gave themselves rich rewards. The bosses enjoyed their bounty until earlier this year, when the Securities and Exchange Commission ordered the bonuses paid back. President Leon C. Hirsch, for one, agreed to relinquish $317,000. A probe of U.S. Surgical's books, the SEC claimed, had discovered that the company padded its 1979-81 profits by more than $18 million...

Author: /time Magazine | Title: False Profits | 9/17/1984 | See Source »

...blessed with an exceptionally long reach and a strong right hand. But he was lackadaisical and distracted in his opening fight against a brawling Canadian, and suffered the ignominy of a standing eight count before winning the decision. Breland flashed his old form hi stopping Mexico's Genaro Leon in the first round of the quarterfinals, and handily whipped Italy's Luciano Bruno to reach the gold-medal round. His 5-0 victory over South Korea's Young-Su An for the gold was something of a formality...

Author: /time Magazine | Title: Olympics: GOLD TODAY, GREEN TOMORROW | 8/20/1984 | See Source »

...unsatisfying as a defeat. Late in the quarterfinal against West Germany, Jordan carelessly dribbled the ball out of bounds. From the bench Knight bellowed, "Michael, get in the game!" With six minutes left to play in the semifinal against Canada and with the U.S. ahead 62-42, Guard Leon Wood threw a loose pass and was pulled out of the game for a full-volume lecture. Wood professed not to be bothered, but said later: "When you have made a mistake, you know it, and you don't need someone calling it to your attention, especially...

Author: /time Magazine | Title: Olympics: Faster, Higher, Stonger | 8/20/1984 | See Source »

...Congress are doing the same thing. Playing politics. With a vengeance. Even a Medici might marvel at the maneuvering on Capitol Hill, designed to take partisan advantage of every issue and to dazzle voters with a wondrous array of illusions and images. "Everyone is posturing," protests Democratic Congressman Leon Panetta of California. In the meantime, the legislators are willing to let the nation's urgent business be ignored...

Author: /time Magazine | Title: Posturing, Not Legislating | 8/13/1984 | See Source »

...Leon Litwack, a Pulitzer-prizewinning historian at the University of California at Berkeley, strongly disagrees: "If there is any nostalgia for Nixon, it's not based on any new historical findings but on the perception of Nixon as less dangerous and more intelligent than the current President. To forgive the enormity of Nixon's crimes would be a mistake. He waged war on American citizens...

Author: /time Magazine | Title: Nixon: Never Look Back | 8/13/1984 | See Source »

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