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...Boesky, who in 1985 owned more than 5% of Gulf & Western's stock, had collaborated to run up the price of those shares by fueling rumors that the company would be a takeover target. The two then sold their shares back to Gulf & Western for a profit. That ploy would have amounted to illegal stock manipulation. In a memorandum to his TWA staff, Icahn denounced the accusation: "I have never traded on insider information...

Author: /time Magazine | Title: Going After the Crooks | 12/1/1986 | See Source »

...does permit the use of extra-legal means to accomplish praiseworthy ends, but the protesters in question have crossed accepted bounds. Only peaceful forms of protest which break no laws, or those that break immoral laws are justifiable. These protesters, however, clearly broke laws of crucial value, as a ploy to get publicity...

Author: By Jeffrey BOSSERT Clark, | Title: Dissenting Opinion | 11/25/1986 | See Source »

Scanning Matisse's rooms is like reading a distinguished, reticent autobiography, written before the days when authors were expected to spill all the beans. The calm they radiate is best understood not as an expression of complacency but as a ploy against anxiety. Nice enabled Matisse to stabilize things, to remain in the same frame of mind for days on end. "After a half century of hard work and reflection the wall is still there," he wrote to a friend. "Nature -- or rather, my nature -- remains mysterious. Meanwhile I believe I have put a little order in my chaos...

Author: /time Magazine | Title: Art: Inventing a Sensory Utopia | 11/17/1986 | See Source »

...roles for such actors as Jill Clayburgh, Lee Grant and Wayne Rogers, and was an anchor of CBS's top-rated daytime lineup of the 1950s and '60s. But ratings fell, and the soap was dropped by CBS in 1982, only to resurface on NBC. In a last-ditch ploy to revive interest, a devastating flood was ordered up in February, enabling a revamp of sets, story lines and characters. It did not help: Search for Tomorrow remained the lowest-rated network soap. Its final episode will air on Friday, Dec. 26. After that, the daily woes will be replaced...

Author: /time Magazine | Title: Video: No Tomorrow: After 35 years, a soap sinks | 11/17/1986 | See Source »

...because "its perverse paranoia and historical expansionism had been abetted and amplified, but not caused, by the Marxist doctrine." Kennan gave the Wise Men a persuasive tool; when they wanted to argue for an increased U.S. role in international affairs, they invoked the Red menace. It was an effective ploy, but it also proved to have unforeseen and cataclysmic consequences. In making their arguments, the sages of Foggy Bottom created a bogeyman fierce enough to frighten America into a war in Viet Nam that the Wise Men came to believe was unnecessary. Acheson was especially acerbic about the turn...

Author: /time Magazine | Title: Books: The Hexagon the Wise Men | 10/27/1986 | See Source »

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