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...after the agreement was announced, Disney stock slumped sharply and finished the week at $49.50, a drop of nearly $16 in five trading days. Institutional investors roundly condemned the Disney accord, although small investors holding Disney shares mainly suffered in silence. New York City's Alliance Capital Manage ment lost $1.5 million on its 100,000 shares of Disney. Said Chairman Dave Williams: "We feel like we've had the rug pulled out from under us." Three Disney shareholders filed suit in superior court in Los Angeles asking that Disney's purchase of Steinberg's shares...

Author: /time Magazine | Title: Greenmailing Mickey Mouse | 6/25/1984 | See Source »

...Continent. Said a British government minister: "Grenada, Lebanon and now Nicaragua, again. These gung-ho displays really do not help us in defending American behavior." Said Kirkpatrick, replying to allied criticism generally: "Can we, who make a very large commitment to the security of Europe, count on ment to the security of Europe, count on some reciprocal concern by Europe for our security...

Author: /time Magazine | Title: Explosion over Nicaragua | 4/23/1984 | See Source »

...Jesse Jackson's presidential campaign. His target: Milton Coleman, a veteran black reporter who has covered Jackson for the Washington Post. When asked about the threat, Jackson conceded that it was "wrong." But he declined to condemn his Muslim chum. "I cannot assume responsibility for every state ment made by a friend or supporter of mine," Jackson argued. That Farr Farrakhan speaking in khan's three-week-old speech became an issue just before the New York primary, Jackson says, suggests political "tricks and treachery." Farrakhan is riled at Coleman for reporting, in a Post story in February...

Author: /time Magazine | Title: Punish the Traitor: Milton Coleman | 4/16/1984 | See Source »

Matusow recounts the decline of the Great Society through poor management and escalation of the Vietnam ment and the escalation of the Vietnam count of the counterculture which grew in the late '60s. He sees fundamental flaws there as well. Students for a Democratic Socity, the Yippies, the Black Panthers--all went through periods of romance with Third World revolutionism, and then turned to guerilla tactics, reinforcing their isolation from the American mainstream...

Author: By Paul DUKE Jr., | Title: What Happened to Liberalism? | 2/6/1984 | See Source »

...official statement released yesterday, Margaret Ives, director of personnel for HCHP, said that when "ment pay" provisions in the current contract are taken into account, the management offer provides the average employee with an increase of 8 percent, not 2 percent as the union claims...

Author: By Chuck Lane, | Title: Employees Picket Health Plan Offices | 12/1/1982 | See Source »

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