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...meeting with an agent dressed in sheik's clothes and boasting of his close ties to then President Carter and other officials. The panel, like the federal jury, concluded the Senator had abused his office by accepting a secret share in a Virginia titanium mine, attempting to obtain a $100 million loan for the venture, and promising to use his influence to secure government contracts for the mine and immigration papers for the bogus sheik. His conduct, said Chairman Malcolm Wallop, "was ethically repugnant to the point of warranting his expulsion...

Author: /time Magazine | Title: Ousting a Peer | 9/7/1981 | See Source »

Nonetheless, some of Banc One's innovations have flopped. Neither consumers nor merchants liked the point-of-sale terminals that the bank installed in 35 Columbus area stores in 1976. These allowed customers in stores to guarantee checks, charge purchases and obtain cash directly from their bank accounts. The experiment has so far cost the bank...

Author: /time Magazine | Title: Hail, Columbus | 9/7/1981 | See Source »

...overseas manager of the J. Walter Thompson Co. helped build it into the world's largest advertising agency; in Greenwich, Conn. A former managing editor of the Yale Daily News, Meek was instrumental in helping two of his ex-staffers, Henry Luce and Briton Hadden, to obtain the financing to launch TIME magazine in 1923. Meek, who served on the Time Inc. board of directors for 48 years, joined Thompson in 1925 and expanded its fledgling international operations to 35 offices on six continents before retiring as vice chairman...

Author: /time Magazine | Title: Milestones: Aug. 31, 1981 | 8/31/1981 | See Source »

...voting Rights Act. Reagan says he expects to support a full extension of this important civil rights law with only minor modifications. Some Southerners had urged that a provision of the law that forces Deep South states to obtain Justice Department approval for any change in election laws be applied nationwide. Reagan originally supported the idea, but says he is now convinced it would make the law too cumbersome to enforce...

Author: /time Magazine | Title: A Not-So-Brief Intermission | 8/17/1981 | See Source »

Forget all this, and resolve the next time you are in Texas to obtain the best ice cream in the world, which is made by the Blue Bell Creameries of Washington County, between Austin and Houston. Texans admit that this is true. President Ed Kruse says, "We don't regard our ice cream as gourmet as such but rather as just a damn good product." He starts telling a story about a lady from Anderson, Texas, who moved to the wilds of California and had a friend regularly ship her Blue Bell's damn good product by commercial...

Author: /time Magazine | Title: Ice Cream: They All Scream for It | 8/10/1981 | See Source »

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