Word: reporter
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Dates: during 1980-1989
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Independent Counsel James McKay will soon issue his report on Meese's messy finances and unseemly concern for the friends of his friend, indicted Attorney E. Robert Wallach. McKay has already said he will not recommend indictments. But the report may demonstrate ethical insensitivities on Meese's part that will send the capital into another righteous convulsion. Virtually no Cabinet officer in memory has survived such trauma. The damage to Reagan's legacy, to the Republican Party and to Vice President George Bush's troubled presidential bid has already been severe...
...Government. Finally it is said the fellow has to go. If that tactic proceeds much further unchallenged, Meese believes, such forces will soon paralyze any Government. "I am going to continue the leadership of the Department of Justice," he says. "I am going to wait until the prosecutor's report is issued, and then I am going to stand up as long as I have to and get the facts out. I am going to answer any question that anybody wants...
Along Pennsylvania Avenue, a powerful sympathizer muses that "Ed Meese is one of the nicest people I ever met. He is decent, hardworking, trying to help people all the time. But he does some dumb things. I hope when the report comes out the President puts his arm around Ed and says, 'This vindicates Ed. Now he's tired and wants out. I agree...
...about drugs and jobs. He was rumbling down Pennsylvania Avenue in his limousine last week when an aide showed him a piece of wire copy, quoting Connecticut's Republican Senator Lowell Weicker, who was traveling with Reagan on Air Force One. While saying he would wait for the McKay report before suggesting Meese should resign, Weicker snorted, "I've been battling the son of a bitch ever since he became Attorney General. I don't like him." Meese read the lines and chuckled. "I've known Lowell for 35 years," he said. "I went to college with him ((at Yale...
...crash, three concluded that computer-driven index arbitrage and a related strategy known as portfolio insurance were at least partly to blame for the speed and severity of the 508- point drop in the Dow Jones industrial average. The Brady commission, which the Reagan Administration appointed, contended in its report last January that Chicago's futures markets have gained inordinate leverage over New York because the two marketplaces play by such vastly different rules and fail to monitor their complex interactions...