Word: shielding
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Dates: during 1980-1989
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...away with a regulation that bans a network from owning cable-TV systems, a large part of Capital Cities' business. Joseph Fuchs, a Kidder Peabody vice president and one of Wall Street's top media analysts, thinks that the FCC now sees itself as "neither a sword nor a shield" in the broadcast industry. To speed up Government approval of the merger, Murphy and Goldenson paid visits to the FCC's five commissioners last week. Both men emerged smiling. Said Murphy: "We'll have to do whatever is appropriate to satisfy...
...report. They guide the laundering of illicit money through a maze of banks, real estate investments and other transactions. They provide up-to-date counsel on how to minimize legal exposure--for example, by drilling operatives on what to do and say when they are arrested. Using the shield of attorneyclient confidentiality, full-time Mob lawyers lend their offices as unbugged meeting places for the planning of new schemes. When lawyers commit crimes to "protect the leaders of criminal cartels," said Irving Kaufman, commission chairman and New York federal appeals court judge, "the result is not only a crisis...
...arms control, the Geneva negotiations seem certain to be dominated by a major new issue, one that could profoundly alter the nature of the arms race. That issue is Star Wars, Ronald Reagan's cherished plan to render offensive nuclear missiles "impotent and obsolete" by constructing a defensive shield based in outer space. Officially termed the Strategic Defense Initiative, Star Wars would employ a variety of still emerging technologies, including laser beams and high-energy particles, to shoot down attacking warheads before they reach their targets...
While the Pentagon tries to build the U.S. a perfect shield, it is hard at work trying to overcome Soviet defenses. In the late '60s the U.S. developed the MIRV (multiple independently targetable reentry vehicle) to saturate Soviet antimissile systems. Now that the Soviets are again beefing up their own defenses, the Pentagon is asking $174 million to develop a MARV (maneuverable reentry vehicle) that could dart and weave to avoid anti- missile missiles. The disclosure of the MARV research is awkward for the Reagan Administration because it undercuts the President's argument that it is possible to build...
Where, then, does the ACSR fit in: as a fully representative body whose judgement fairly reflects the views of the entire Harvard community, or as a shield to prevent the seven members of the Corporation from facing up to the hard questions on divestiture being posed today by so many diverse elements of Harvard society...