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...trial held the prospect of justice for Bosnians who had suffered. Many argued his arrest was necessary if the country was to reunite in peace. And for the world that had watched and done little as genocide unfolded in Bosnia, Karadzic's arrest held out hope of a post-cold war order that might prevent similar killings in the future...

Author: /time Magazine | Title: Karadzic's Arrest Comes Too Late | 7/22/2008 | See Source »

...analgesic effects of the decisive election would not be enough to cure Austria's headache. The very next day, Socialist Chancellor Fred Sinowatz unexpectedly resigned, vowing to devote himself to rebuilding his tattered party. His replacement: Finance Minister Franz Vranitzky. By midweek three more Socialist ministers had quit their posts, among them Foreign Minister Leopold Gratz, who refused to ''direct the Austrian foreign service in the defense of President Waldheim.'' International reaction to the electoral triumph of the former U.N. Secretary-General was not much warmer. Official congratulations were withheld by Yugoslavia, Albania, Greece and the Netherlands. President Reagan sent...

Author: /time Magazine | Title: AUSTRIA LAST HURRAHS Few smiles after a big victory | 7/21/2008 | See Source »

...reasons for opposition to his candidacy are political. ''He's a target of opportunity,'' says Patrick McGuigan of the right-leaning 721 Group. ''He's probably the most conservative of the pending crop'' of judicial nominations. In the Indiana senate, Manion co-sponsored legislation to permit public schools to post the Ten Commandments just two months after the Supreme Court had struck down a Kentucky law that required such posting. He sometimes appeared on a radio and TV show with his father Clarence, a former dean of the Notre Dame Law School and a leader of the extreme-right John...

Author: /time Magazine | Title: UNMAKING THE APPOINTMENTS The fight is on over Reagan judicial choices | 7/21/2008 | See Source »

...rationale for it.'' The rationale, according to those who advocate a system to protect silos, is that they are now vulnerable to a pre-emptive attack by the Soviets' vast arsenal of fast, accurate warheads. At the conference, Walter Slocombe, who during the Carter Administration held a Pentagon post comparable to the one now occupied by Perle, agreed that ''in principle'' defending silos is ''not a bad idea.'' But, he argued, there are cheaper and more reliable ways to defend the U.S. capability to retaliate. Among those suggested at the conference: hardening missile silos and developing a system of mobile...

Author: /time Magazine | Title: STRATEGIC QUESTIONS | 7/21/2008 | See Source »

...Goldman Sachs were under SEC investigation in the Levine scandal. Officials at both firms promptly denied the report. One man that Government sources affirm is under investigation, however, is Robert Wilkis, 37, a former vice president at both Lazard Freres and E.F. Hutton. Wilkis resigned from his Hutton post earlier this month. While he was at Lazard in 1984, the firm advised Chicago Pacific in its unsuccessful takeover bid for Providence-based Textron. Government officials suspect that Wilkis passed along information regarding that and other takeover attempts to Levine. Meanwhile, Drexel, Lazard and Shearson Lehman Bros. were all conducting internal...

Author: /time Magazine | Title: CIRCUS TIME Wall Street reels over scandal | 7/21/2008 | See Source »

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