Word: scandalous
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Dates: during 1980-1989
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...iron law of scandal is that no matter how grave or trivial the initial offense, the press will inevitably reduce the issue to a simple question of honesty. By traditional, George Washington cherry-tree standards, Quayle appears to be guilty only of shading the truth. But there has also been a troubling pattern of lapses of memory surrounding Quayle's public statements since he was tapped by Bush. Initially, Quayle claimed he could not remember if anyone helped him get into the Guard. In an NBC interview Wednesday night, he conceded that "if phone calls were made...
Even as investigators uncovered case after case of insider trading based on advance copies of Business Week, editors of the McGraw-Hill magazine hoped that no company employee would be implicated. But last week the scandal struck home: Business Week announced that S.G. ("Rudy") Ruderman, who had broadcast radio reports for the publication for seven years, may have illegally traded stocks mentioned in the "Inside Wall Street" column before the magazine hit the newsstands. The New York Stock Exchange had alerted Business Week to suspicious trades that Ruderman allegedly made this year...
...political consciousness. Just as Jimmy Carter gave a bad name to intellect and hands-on attention to detail, Reagan has helped exalt the importance of a clear philosophical vision, even if the clarity is partly the result of his refusal to face unpleasant facts. Though cruelly diminished by scandal, Reagan is still widely perceived as the model of a strong President. In fact, for many voters under 30, he has become almost synonymous with the job itself; since World War II, only Dwight Eisenhower, that other benign patriarch, served as long a tenure in the White House...
...Pentagon procurement scandal cost 89 people their jobs when Unisys, the computer maker, canceled all its contracts with tiny, Florida-based Armtec, a manufacturer of electronics used in radar systems. Since Unisys is Armtec's main customer, the action forced the company to shut down its operations. Federal agents are investigating Armtec as a possible conduit for illegal payments from Unisys employees to federal officials involved in arms procurement. In particular, the Government is studying the relationship between Unisys, Armtec and Congressman Bill Chappell Jr., a Florida Democrat ^ who is chairman of the House Appropriations Committee's subcommittee on defense...
...offshoot of the I-30 condo scandal, as it is known locally, resulted in the March indictment of former Democratic Party Fund Raiser Thomas Gaubert, 48, who has been charged with arranging $8 million in questionable loans by an Iowa S and L for property in another Dallas development. As part of the deal, the indictment alleges, Gaubert, a friend of House Speaker Jim Wright, bought land for 50 cents per sq. ft., then sold it the same day for $5.25 per sq. ft., pocketing $5.6 million in profits. Gaubert, who denies any wrongdoing, says the Republican Administration is trying...