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...Communist rhetoric, and in a big way. "Very simply. "Reagan explained, "guerrillas armed and supported by and through Cuba are attempting to impose a Marxist-Leninist dictatorship on the people of El Salvador as part of a larger imperialistic plan." The United States, he continued, will do "Whatever is prudent and necessary to insure the peace and security" of the region. We can only presume that asking Congress for an additional $135 million in economic and military aid for EI Salvador represents such "prudent and necessary" action. And plainly, cutting the last drop of assistance to struggling but leftist Nicaragua...

Author: NO WRITER ATTRIBUTED | Title: Reagan's New Plan | 3/5/1982 | See Source »

...managers is that Wall Street was also giving off highly contrary signals about the Floor move, for different reasons. Quite simply, most analysts felt Fluor paid far too much for St. Joe--about $2.7 billion--and the stock of Fluor reacted negatively, falling out of the 50s range. The prudent move at the time was somewhat obvious: Take all of the $60-a-share bid for St. Joe that was offered, in cash, and then trade any of the shares that Fluor was offering of its own stock as soon as possible. (The article doesn't indicate whether Harvard...

Author: NO WRITER ATTRIBUTED | Title: South Africa | 3/4/1982 | See Source »

...financial managers, who maintain a long-term perspective regarding the endowment, had to rely on reinvesting income to keep the endowment from losing too much ground. Because the University relies on endowment income both to bolster endowment value and to help support faculties and departments, administrators must determine a "prudent" balance between those purposes...

Author: By Burton F. Jablin, | Title: Pacing Inflation | 2/27/1982 | See Source »

Though Clark had been pressed upon Haig by the Reagan circle, the two developed a solid relationship. Haig, while ever anxious to protect his own turf, has even shown some deference to his recent subordinate. Officials calling on Clark get an instant reminder of why such protocol is prudent. The first ornament striking a visitor's eye is a large photograph dating from 1968 of three smiling men on horseback: Clark, his father and Ronald Reagan...

Author: /time Magazine | Title: New Man in the Basement | 2/15/1982 | See Source »

...driven many businessmen to close their doors and flee the country. Today guerrilla groups in Usulutan department loiter openly along the nation's most important highway, occasionally burning buses and trucks, collecting "revolutionary taxes" from travelers and delivering political lectures while Salvadoran army soldiers watch from a prudent distance. In one such incident, about 40 guerrillas armed with M-16s and older carbines blocked the road and burned a cotton truck and a Jeep. The marauders posed happily for pictures. About a mile away, a contingent of Salvadoran soldiers watched the billowing smoke rise...

Author: /time Magazine | Title: Central America: To Save El Salvador | 2/15/1982 | See Source »

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