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Buoyed by the midweek backlash in Rather's favor, CBS executives stood by their man. "There is no question that what Dan portrayed on the air was not the sort of gracious Southern gentleman that he is in person," said News President Howard Stringer. "What we got was a journalist in pursuit of a story." CBS Chairman Lawrence Tisch, who was traveling in the Far East on business when the episode occurred, was briefed on it by telephone and, according to Stringer, was "very supportive." CBS staffers, though shaken by the initial barrage of criticism, were also upbeat by week...

Author: /time Magazine | Title: I Was Trained to Ask Questions | 2/8/1988 | See Source »

...West Pennsylvania Water Co., which serves 500,000 people, was able to reopen its river intake at Becks Run by midweek, though it had to filter the diluted oil through ten times the usual amount of activated carbon. But other water systems still reported critical shortages. Warned Allegheny County Commissioner Tom Foerster: "We're still a long way from being out of this situation. If people go back to using water as they usually do, the system will break down...

Author: /time Magazine | Title: Environment: Nightmare on The Monongahela | 1/18/1988 | See Source »

...eleven guards and other civilian personnel died. Experts on hostage situations have since tended to focus on negotiations, however protracted, as the best way of wearing down the other side. That seemed to be the stance of Michael Quinlan, director of the Federal Bureau of Prisons, who declared at midweek, "We will take no invasive action so long as the hostages are not harmed...

Author: /time Magazine | Title: We Are the Abandoned Ones | 12/7/1987 | See Source »

...some people grabbing profits" accumulated during the market's long rise. In a statement after the close of trading, he said that "the underlying economy remains sound" -- unwittingly drawing another parallel to 1929, when Herbert Hoover said almost exactly the same thing. On Wednesday, Reagan remarked that the midweek rally indicated the Monday collapse had been "some kind of a correction" -- a statement that would have been reassuring only if he had intended it ironically, as he obviously had not. Some critics began speaking of the President in tones of contempt. Said a Wall Street money manager during the midst...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

...Iranians, however, did not see it that way. "God willing, we will carry out our duty in the coming days and make them sorry," said Parliament Speaker Hashemi Rafsanjani. At midweek the vow of vengeance was made good. Yet another Silkworm missile was launched from the Iranian-occupied Fao peninsula, about 50 miles north of Kuwait City. The missile scored a direct hit on Sea Island, Kuwait's only deep-water oil-loading facility. The strike caused an explosion that could be heard 20 miles away in Kuwait City. The loading dock's destruction could temporarily cripple the emirate...

Author: /time Magazine | Title: The Gulf Punch, Counterpunch | 11/2/1987 | See Source »

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