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Prominent former custodians of public trust can also help defuse image problems that threaten to snarl deals. For example, Carlyle became the adviser to Saudi Prince al-Waleed bin Talal in his $590 million investment in Citicorp in 1991. The firm subsequently teamed with France's state-owned Thomson-CSF to outbid U.S. defense giants for the missile and aircraft divisions of LTV last year. Such global connections can be controversial. "The one significant problem for Carlyle is that they've been on the foreign side of controversial transactions," says a Washington lobbyist and rival dealmaker. But Carlyle...

Author: /time Magazine | Title: Peddling Power For Profit | 3/22/1993 | See Source »

...actors are only adequate, however, and not one has a first-rate singing voice. Jeff McCarthy has a sledgehammer unsubtlety as the unscrupulous impresario Rocky, Thomas Nahrwold is bland in the underwritten lead role of a failed film director, and Kathy Morath plays his despairing partner with an unrelenting snarl...

Author: /time Magazine | Title: Dancing Till They Drop | 6/1/1992 | See Source »

...doesn't do a very good job because the rules governing the delivery of care are unrealistic and wasteful, often requiring hospitalization, for example, where out-patient treatment would suffice. Moreover, many doctors refuse to treat Medicaid patients because of rock-bottom reimbursement and the snarl of bureaucratic rules. The program is also a sitting duck for thieves because of poor administration. Medicaid pays billions in fraudulent insurance claims for nonexistent patients...

Author: /time Magazine | Title: American Health Care Condition: Critical | 11/25/1991 | See Source »

...than most. He is an ex-Iraqi army lieutenant who refused the call to return to duty after Iraq's invasion of Kuwait. So he gathered his family and a few belongings and started the trip toward Iran, leaving his car behind because the road was already a chaotic snarl...

Author: /time Magazine | Title: Refugees: Omar's Journey | 4/29/1991 | See Source »

...Crimson trailing three teams--Cornell, the Big Green and Yale--by one game, it's back to scoreboard-watching for Harvard. Dartmouth smothered the Crimson on its way to first place, and the Big Red and Elis were just as impressive in breaking out of a five-way snarl at the top of the league last week...

Author: By M.d. Stankiewicz, | Title: The Dartmouth 'Shmen That Bamboozled the Harvard Band | 10/30/1990 | See Source »

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