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...that eventually housed their heavy-equipment concern, the Japanese pronounced it "very dull and scary, very gloomy," recalls John Gregory, a Tennessee official who escorted the group. When the Komatsu executives suddenly announced that they were buying the abandoned plant, says Gregory, "it kind of threw us for a loop...

Author: /time Magazine | Title: For Sale: America | 9/14/1987 | See Source »

...bull market itself. The effect of stock prices on the broader economy is a subject of considerable dispute: the market has collapsed during business booms and skyrocketed during recessions. But some economists believe in what Allen Sinai, chief economist of Shearson Lehman Bros., calls a "positive feedback loop": a rising economy spurs stock prices, which in turn help to prompt further business growth...

Author: /time Magazine | Title: A Bang-Bang Birthday | 8/24/1987 | See Source »

...McFarlane and his successor as National Security Adviser, John Poindexter. "Covert actions were pretty much left to Casey and ((CIA Deputy Director)) John McMahon, with little if any top-level discussion or review," says one former Administration policymaker. According to this official, even Reagan was cut out of the loop: "The President became less and less involved. Decision making was less systematically fashioned. There was no process to involve him. There was too much informality...

Author: /time Magazine | Title: Oliver North's Turn | 7/13/1987 | See Source »

...never wanted to see [them] again....[a]ll those goblins of growing up--fear, envy, insecurity and sloth," Schumer writes after a return to her freshman room. "And all that I saw in that room, in which I began my most difficult years, were two opened windows and the loop of a shade fluttering in the breeze...

Author: By Kristin A. Goss, | Title: The Edge of the Cliffe: | 4/29/1987 | See Source »

...minute cram course from a neighbor provided me with exceptional training. "There's a thing called a loop," she said. "Don't worry about how it works. You don't need to know that for the test...

Author: By Terri E. Gerstein, | Title: The QRR: A Harvard Rite of Passage | 4/28/1987 | See Source »

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