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...seized the Achille Lauro cruise ship off the coast of Egypt last year, North arranged the midair interception of an EgyptAir jet carrying Abul Abbas, the mastermind of the hijacking, to safety in Tunisia. North helped plan the 1983 U.S. invasion of Grenada and last April's Libyan air raid. It was not surprising that North turned up in Cyprus last week just when Released Hostage David Jacobsen arrived there. "Oliver North is the prototype of the modern American hero," says a friend and colleague. "Wherever and whenever Americans are in trouble, sooner or later you will...

Author: /time Magazine | Title: Washington's Cowboys | 11/17/1986 | See Source »

...North's deputy. He meets regularly with foreign counterterrorist experts and coordinates operations with them. Craig Coy, 36, a Coast Guard commander, joined the NSC after serving on a White House terror task force. Lieut. Colonel Jim Stark, 38, worked with North in planning last spring's Libyan air raid. He is considered to be more disciplined than his sometimes freebooting colleagues, while sharing their tough-minded attitudes...

Author: /time Magazine | Title: Washington's Cowboys | 11/17/1986 | See Source »

...raid last February was one of a mounting number of armed encounters along the Texas border between lawmen and well-organized, well-financed narcotics rings. As authorities have cracked down on smuggling in Florida, the Rio Grande valley has emerged as the hot corridor for drug runners. One-third of all the cocaine, marijuana and heroin now entering the U.S. from Mexico is believed to come across the valley...

Author: /time Magazine | Title: The Rio Grande's Drug Corridor | 11/17/1986 | See Source »

...buyouts, worth more than $118 billion, have taken place so far this year, up from 2,463 deals worth $96 billion during the comparable period a year ago. As corporate raiders are well aware, institutional investors are more prone than other kinds of shareholders to sell during a raid, in order to gain a quick profit. They are also readier to hear arguments that focus on the value of corporations when broken into component assets rather than on their worth as ongoing enterprises. A poignant rendition of the managerial plight comes from Andrew Sigler, chairman of Stamford, Conn.-based Champion...

Author: /time Magazine | Title: Manic Market | 11/10/1986 | See Source »

...during a raid on Palestinian guerrilla targets in the Chouf Mountains. Lebanese army soldiers captured the pilot...

Author: NO WRITER ATTRIBUTED | Title: Israeli Warplanes Hit Lebanese PLO Bases | 10/17/1986 | See Source »

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