Word: reporter
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Dates: during 1980-1989
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...Brady panel recommended drastic reform that would have curbed Chicago's latitude. Last week, however, a White House working group on the crash delivered a quite different report, one that essentially exonerated the futures markets. The group, which included Treasury Secretary James Baker and Federal Reserve Chairman Alan Greenspan, recommended only one significant safeguard: a so-called circuit breaker that would interrupt trading in most U.S. financial markets for one hour if the Dow fell 250 points from the | previous day's close and for two hours if it dropped 400 points. In congressional testimony later in the week, Greenspan...
...White House report delighted Chicago traders but angered many Wall Streeters and legislators. "The report represents a giant step backward for the American investor," said Representative Edward Markey of Massachusetts, chairman of the House Subcommittee on Telecommunications and Finance. "After being handed a game plan for reform by the Brady commission, the working group went into a two-month huddle, came out and punted...
...Soviet leader is ending his nation' s unpopular foreign adventure, but his ambitious political and economic reforms still face challenges at home. -- A landmark U. S.- Soviet arms treaty is now about 90% complete. In an exclusive report, TIME' s Strobe Talbott tells the inside story of negotiations to scrap some of the most dangerous weapons on earth...
...succeed in quitting for the first time suffer the same 75% relapse rate as recovering alcoholics and heroin addicts. Last week the U.S. Surgeon General made official what everyone has recognized for a long time: tobacco, like cocaine or heroin, is addictive. In a no-holds-barred, 618-page report, the forthright C. Everett Koop not only proclaimed that "cigarettes and other forms of tobacco are addicting" but also urged that they should be treated with the same caution as illegal street narcotics...
Based on two decades of research by more than 50 scientists, Koop's 1 1/2- in.-thick treatise, titled The Health Consequences of Smoking: Nicotine Addiction, earned unanimous accolades from the medical community as well as praise from politicians. "The Surgeon General's report is a clear challenge to all who care about the health of smokers," says Ovide Pomerleau, professor of behavioral medicine at the University of Michigan. "This socially approved habit is going to go the way of the spittoon." Among Koop's recommendations: warning labels about addiction on packages of tobacco products, a ban on cigarette vending...