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...stunning blow," says Winbush. Reporter-Researcher Anne Hopkins finds June 5 to be the day that continues to haunt. Turning on the radio as she awoke that morning, she learned that Robert Kennedy had been shot. "As I began to absorb what was happening, the phone rang," she says. "It was my mother, calling to sing Happy Birthday...

Author: /time Magazine | Title: A Letter From the Publisher: Jan. 11, 1988 | 1/11/1988 | See Source »

...Diederich and TIME Photographer P.F. Bentley began taking pictures, shots rang out. "The Tonton Macoutes and the army were coming back to finish the job, to kill the journalists," said Bentley. "We raced toward the back door of the school, running over bodies as we left. A British reporter in front of me was hit in the lower leg. We were totally defenseless: no guns, just cameras." Still under fire, Bentley scaled a 10-ft.-high cinder-block wall, scrambled over another wall strung with barbed wire and finally escaped down a maze of narrow passages...

Author: /time Magazine | Title: A Letter From the Publisher: Dec. 14, 1987 | 12/14/1987 | See Source »

...time the 4 p.m. closing bell rang at the New York Stock Exchange on what instantly became known as Black Monday, the Dow Jones industrial average had plunged 508 points, or an incredible 22.6%, to close for the day at 1738.74. Some $500 billion in paper value, a sum equal to the entire gross national product of France, vanished into thin air. Volume on the New York exchange topped 600 million shares, nearly doubling the all-time record. Brokers could find only one word to describe the rout, an old word long gone out of fashion but resurrected because...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

Tony Cafazza, 46, owner of a St. Louis company that sells and services cash registers, rang up profits even as the crash began. Cafazza had sold his stock holdings during the previous three months, for a profit of $100,000. Then, in September, he bought so-called puts on General Motors -- options to sell the company's stock at a fixed price in the future. On the Friday before Black Monday, as GM stock nose-dived 4 7/8 points to close at 66, Cafazza cashed in his options, which soared in value because their set purchase price was higher than...

Author: /time Magazine | Title: The Crash: Rewards For Foresight and Luck | 11/2/1987 | See Source »

...Bells rang...

Author: By Alvar J. Mattei, | Title: A Fan's Gear: Octopiand Tennis Balls | 10/30/1987 | See Source »

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