Word: reporter
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Dates: during 1980-1989
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Last week, the committee presented the City Council with a report of its conclusions. And last night, councillors voted to send its recommendations to the city's Rent Control Board...
Although both landlord and tenant organizations were represented on the committee, the two groups could not reach a consensus. So the report contains only the recommendations of the chair, Assistant City Manager Michael Rosenberg...
Journalists usually go about their jobs by chasing down rumors and interviewing sources. Sometimes, though, reporters learn a lot by gathering experts in one room and firing questions at them. If the mix of guests is right and the topic intriguing enough, the conversation can be as exciting to cover as a revolution or a natural disaster. In fact, revolutions and nature were on the agendas of two TIME-sponsored conferences that we report on in this week's issue...
Before the ominous S&L predictions had a chance to sink in, alarms were going off about other potentially monumental crises. A report by Budget Director Richard Darman warned that careless management at such agencies as the Veterans Administration and the Department of Energy may have allowed scandals rivaling the estimated $8 billion imbroglio at the Department of Housing and Urban Development to go undetected. But the gravest worries were triggered by concerns about the solvency of more than $5 trillion in federal credit and insurance programs that cover everything from bank deposits to student loans and Third World...
...most disturbing fact is that no one knows how severe the problems may be. In a report to Congress last month, the General Accounting Office described the same pattern of sloppy accounting and slack Government supervision that allowed the S&L debacle to go unchecked. Because many agencies kept such poor books, GAO auditors could not even determine how much of the $5 trillion is at risk of default. "The ignorance, incompetence and corruption in many of the Government loan and loan-guarantee programs are appalling," says Dingell...