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...most challenging yet for the man named by Bush as Secretary of Education last December, whose mild and courteous demeanor masks a high-octane ambition. His goal is to transform the Department of Education, which Ronald Reagan once pledged to abolish, from a backwater operation in the shadow of the Air and Space Museum into one of Washington's leading domestic agencies...

Author: /time Magazine | Title: George Bush's Point Man | 9/16/1991 | See Source »

Until he retired last November, Lee Kuan Yew was the only Prime Minister that Singapore had ever had since gaining independence in 1965. In the months since Lee stepped down, Goh Chok Tong, his handpicked successor, has been trying to emerge from Lee's shadow. In an attempt to establish his own mandate, last month he called a snap election two years before he was required...

Author: /time Magazine | Title: Singapore: No More Mr. Nice Goh? | 9/16/1991 | See Source »

Limbering up in Lewis' shadow was Mike Powell, 27, an American who had chafed under the superstar's decade-long domination of track and field. Powell's first four tries were less than Carolingian. "Something went wrong on every jump," he said. But the fifth came with a veritable thunderclap. Powell flew up against a sky heavy with humidity and threatening summer clouds. When he came down, he felt something had happened. "I knew it was far, and I knew it was close to Carl's. When I looked at it, I thought it might be a world record...

Author: /time Magazine | Title: Up, Up and Out of Sight! | 9/9/1991 | See Source »

...airline bested its rivals with a $1.7 billion bid for assets that will put Delta on a par with megacarriers American and United. Delta will acquire Pan Am's Northeastern shuttle, its North Atlantic routes and the airline's strategic hub in Frankfurt. Pan Am will survive as a shadow of its once mighty self, providing service to the Caribbean and Latin America. But Delta will have a piece of that action too, owning 45% of the scaled-down...

Author: /time Magazine | Title: Airlines: Delta Aces Its Rivals | 8/26/1991 | See Source »

Even as those probes got under way, investigators in Colombia and Luxembourg examined dealings between Jose Gonzalo Rodriguez Gacha, a leader of the Medellin cocaine cartel who died in a 1989 shootout with police, and a Colombian shadow bank that B.C.C.I. used to launder drug money. Among other things, the probers want to know why Colombian prosecutors slapped B.C.C.I. with a token $10,000 fine after discovering that the shadow bank took in a whopping $45 million in foreign currency in just six months in 1986 -- six times the amount B.C.C.I.'s Colombia branch reported for the entire year...

Author: /time Magazine | Title: Corruption: The Brave Ones Begin to Sing | 8/19/1991 | See Source »

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