Word: roberte
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Dates: during 1980-1989
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...close the book on a 2 1/2-year federal probe. But the price is high. The agreement puts Drexel on probation for three years and requires it to set up an oversight committee. The firm is also naming a new chairman, former SEC head John Shad, to succeed Drexel's Robert Linton. As expected, the deal forces Drexel to cut all ties to its former junk-bond king, Michael Milken, who is facing separate criminal charges of racketeering and securities fraud. Last week Milken agreed to set aside assets of at least $600 million, which could be forfeited...
...fast now, I sometimes feel like a gunfighter dodging bullets." In business especially, the world financial markets almost never close, so why should the heavy little eyes of an ambitious baby banker? "There is now a new supercomputer that operates at a trillionth of a second," says Robert Schrank, a management consultant in New York City. "What's a trillionth of a second? Time is being eaten up by all these new inventions. Even leisure is done on schedule. Golfing is done on schedule. My son is on the run all the time. I ask him, 'Are you having...
...film tiptoes around much of Woodward's most sensational material. Missing, for example, is a portrayal of such Hollywood stars as Robin Williams and Robert De Niro, reported in the book to have used cocaine with Belushi. Except for Aykroyd (Gary Groomes), Belushi's wife Judy (Lucinda Jenney) and Cathy Smith (Patti D'Arbanville), the woman who allegedly gave Belushi his fatal drug injection, most real-life characters are given pseudonyms, and none are shown indulging in drug use with Belushi. Only a couple of scenes offer hints that Hollywood might share any blame in Belushi's death...
...March. Outspoken opponents included White House chief of staff John Sununu, a former engineering professor, who argued that the U.S. risked losing the technological edge represented by the plane's so-called source codes, which coordinate its electronic features. The doubters were joined by Secretary of Commerce Robert Mosbacher, who says he wanted to ensure that "this aviation technology, which has taken so many years of blood, sweat, tears and money to develop, did not instantly allow our biggest competitor to catch right up." After hearing the objections, Bush decided to reopen the agreement and press Japan for safeguards, including...
Accompanying the profile of Surgeon General C. Everett Koop in this week's issue of TIME is a photograph taken by Robert Mapplethorpe. It is a particularly apt pairing of artist and subject: Koop has been one of the most outspoken leaders in the fight against AIDS, and Mapplethorpe, an AIDS sufferer since 1984, by publicizing his illness helped raise awareness of the disease in New York City art circles and beyond...