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...distinguished career became him like the leaving of it. Last week the Stanford University president took a step that has become all too rare in modern American life: he resigned with grace and dignity under pressure. His departure, effective at the end of the coming academic year, is the outgrowth of the festering scandal in which the university has been accused of overbilling the Federal Government as much as $200 million for research expenses during the 1980s. But there was no smoking gun, no dramatic new revelation, no public ultimatum to prompt his surprise abdication after 11 years in office...

Author: /time Magazine | Title: Putting The School First | 8/12/1991 | See Source »

...black network was a natural outgrowth of B.C.C.I.'s dubious and criminal associations. The bank was in a unique position to operate an intelligence- gathering unit because it dealt with such figures as Noriega, Saddam, Marcos, Peruvian President Alan Garcia, Daniel Ortega, contra leader Adolfo Calero and arms dealers like Adnan Khashoggi. Its original purpose was to pay bribes, intimidate authorities and quash investigations. But according to a former operative, sometime in the early 1980s the black network began running its own drugs, weapons and currency deals...

Author: /time Magazine | Title: B.C.C.I.: The Dirtiest Bank of All | 7/29/1991 | See Source »

...1980s are characterized as the decade of greed, Greed with a capital G. Many of the savings and loans' problems were the outgrowth of extraordinary greed and chicanery by persons in the S&L industry. I call the S&L debacle a policy wreck. The people involved in it were motivated by greed and ambition, and we also had public officials, regulators, who were inattentive to their public post. Because of that inattention, we the taxpayers are going to have to pay that extraordinary amount...

Author: /time Magazine | Title: An Ethical Guru: BARBARA JORDAN | 6/3/1991 | See Source »

...Science is the outgrowth of questions about the world: it's about why some things are smooth, rough and hard, and others melt," Layzer continues. "The way it is taught today turns off many creative people who are best equipped to be serious students of science...

Author: By Philip M. Rubin, | Title: David Layzer: Teaching Science Through Prose or Poetry, But Not Equations | 2/9/1991 | See Source »

What opportunities for wistful gallantry this presents the actor who plays Cyrano, and how tenderly Depardieu seizes them. His peasant frame is the perfect support for that nose, which seems less a theatrical device, more a natural outgrowth of Cyrano's spirit than it does when puttied on more lissome leading men. Depardieu's Cyrano has a slowness and stubbornness that make one realize how willed his dashing public personality is, how much it is a way of deflecting attention from a self he finds shameful. This imparts a particular poignancy to the final sequence, in which he at last...

Author: /time Magazine | Title: Cinema: Return of The Swashbuckler | 11/19/1990 | See Source »

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