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...discontent that swept them into office will provide the political support to push the spending cuts through the House and Senate. Reagan, though, will still have to mount a determined campaign both on Capitol Hill and with the public to win his battle against federal spending. -By Edward E. Scharff...

Author: /time Magazine | Title: Taming the Monster | 2/9/1981 | See Source »

...Central Bank of Algeria at the Bank of England. Christopher returned to the embassy, telling reporters as he walked in, "Just say I'm a happy man." Inside the building, embassy staffers were about to uncork 24 bottles of Mumm's Cordon Rouge champagne. -By Edward E Scharff...

Author: /time Magazine | Title: Iran Hostages: How the Bargain Was Struck | 2/2/1981 | See Source »

...acted quickly on Granville's advice. The crush of opening sell orders was so heavy that many of them could not be carried out until stocks had substantially declined. Lucky investors sold after the Granville shock had subsided and the market had bounced back slightly. -By Edward E. Scharff. Reported by John Tompkins/New York

Author: /time Magazine | Title: Granville Stuns the Market | 1/19/1981 | See Source »

...Edward E. Scharff...

Author: /time Magazine | Title: The Embargo's Bitter Harvest | 1/12/1981 | See Source »

...Edward E. Scharff. Reported by Roberto Suro/ Washington

Author: /time Magazine | Title: HOSTAGES: A Somber Holiday Vigil | 12/29/1980 | See Source »

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