Word: one
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Dates: during 1970-1979
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...school board notes, gave the notes only a low, "MIG-4" rating. Reason: the board planned to use some of the money to repay other borrowings, made in 1978. But the board had pledged to repay the 1978 notes from its own revenues, not by additional borrowing. Said one Wall Street analyst: "They naively thought the market wouldn't react negatively to the change...
...others ran as high as $700 million. There was plenty of blame for everyone, though. Hannon; the mayor, who should have seen the problem coming; and the school board's finance committee, which did not even meet between January 1978 and March 1979, owing to "personality conflict," as one member recalls. Why did the board fail to slam on the spending brakes sooner? Says Board Member Patricia O'Hern: "They also gave financial reports to our auditors. Now if one of the big eight auditing firms couldn't see what was going on, how could...
...twelve Justices portrayed in the book, Burger receives the harshest verdict. He is limned as a vain and petty man who consistently tries to bend or ignore the court's rules in order to get his way. His frequent vote switching exasperates his colleagues: after one flipflop, Justice Byron White threw his pencil on the conference table and shouted, "Jesus Christ, here we go again!" The chief is portrayed as a legal lightweight whose opinions are shoddy and poorly thought out. Of one Burger opinion dealing with court-ordered school busing in Detroit, Justice Lewis Powell is quoted...
...court has no one who fits that description, as the authors see it. Decisions turn on the shifting votes of "the group," as Stewart calls it, the court's centrist core-Stewart, Powell, White and John Paul Stevens. Harry Blackmun is described as having to struggle to keep up with the court's work load but, growing in self-confidence and independence, he increasingly joins the group. Justice William Rehnquist has the intelligence and the personal charm to be the leader but is too far to the right to consistently swing others. The two leftover liberals from...
Other oldtimers on the court hung on long after they should have retired. Justice Hugo Black, who died in 1971, tried to cover up a stroke suffered while playing tennis; his colleagues began to wonder if he was becoming senile. In one pathetic scene, Justice John Marshall Harlan, once one of the court's leading intellects, was trying to sign a denial for review from his hospital bed. Nearly blind, he signed the bed sheet instead of the document. Justice William Douglas tried to exert influence even after he retired. He attempted to file a dissent in a campaign...