Word: scandalizes
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Dates: during 1980-1989
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...production of Mastergate, directed by Larry Gilbert, continues this weekend, with one performance tonight and two on Saturday. Gilbert's play is based on the 1987 Iran-Contra scandal and presents a humorous/satirical view of the government's handling of the situation and the press' coverage of it. Throughout the Mastergate hearings, politicians confuse cliches and information. National figures like President Bush and Oliver North are loosely disguised as bumbling characters in the play. And throughout the performance, a TV crew stands to the side of the stage and resents a running commentary on the action, which critics are applauding...
COVER: Remember the Marine spy scandal that seemed to fizzle out? A new book says it was far worse than anyone feared -- or the Government will admit...
While Takeshita's popularity at home has been weakened by the adoption of a 3% consumption tax that he championed and a stock scandal that forced the resignation of three Cabinet members, he has been successful in expanding Japan's role as a global philanthropist. Among the signs: a planned 7.8% increase in Japan's foreign-aid budget. The growth will lift Japanese overseas assistance to $9.6 billion for fiscal 1989, and should propel Japan past the U.S. as the world's top donor...
...case of the Iran-Contra affair, the fictitious Mastergate scandal takes on the air of the surreal. Like Contragate, Mastergate is based on the diversion of government funds. Through the wiles of CIA Director Wiley Slaughter (Alvin Epstein)--a thinly disguised lampoon of former real-life CIA Director William Casey--$800 million in government funds is diverted to produce a Hollywood epic. "Tet Offensive"--the film which was based on the book, "Tet Offensive," which was further based on the real-life Vietnam war attack--was to be shot in Central America. Only this time the target, that...
...This affair will not be covered up." So promised Pierre Beregovoy, the French Finance Minister, as he announced a criminal probe last week into an insider-trading scandal that is causing major embarrassment to Francois Mitterrand's government. The suspected scheme was uncovered when the U.S. Securities and Exchange Commission noticed heavy trading in Triangle Industries, a U.S. holding company, in the days prior to the Nov. 21 announcement of the company's takeover by Pechiney S.A., a French metals conglomerate. Estimated profits by insiders who bought early: $10 million...