Word: richarde
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Dates: during 1980-1989
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...Richard Darman was an anonymous White House staffer seven years ago, still struggling to make his place among Reaganauts suspicious of his moderate politics, but he knew what job would suit him next. If his ally David Stockman, then the embattled Budget Director, departed, Darman thought himself a natural for the Office of Management and Budget. Word of his ambition seeped out. A newspaper column scoffing at his qualifications got big play in Boston, and his ailing father saw it. The younger Darman seethed, and not only because of the criticism. Later he confided that he was upset partly because...
Under the current system, about 40 cents of every auto-insurance dollar goes toward selling policies or administering claims, not for fixing cars or compensating the injured. Nearly all that wasted money could be saved. Virtually every disinterested party who looks at the system -- from the young law student Richard Nixon in 1936 to the considerably less conservative Senator Daniel Patrick Moynihan of New York decades later -- concludes the same thing: the system stinks. It could be radically improved...
Among the millions of photographs taken every day, a select few will rank as great photojournalism. An even tinier category will merit appreciation as fine art. Those are the images that intrigue associate editor Richard Lacayo, who serves as TIME's photography critic besides writing in the magazine's Nation section. Years before Lacayo decided to pursue an English major at Cornell, he became fascinated with photography when he picked up a secondhand volume of Henri Cartier-Bresson's work at a neighborhood bookshop on New York's Long Island. "I was about 14 years old," says Lacayo...
Chairman and Chief Executive Officer: J. Richard Munro...
...PROFILE: Richard Darman is Bush's deficit doctor...