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MAXINE WATERS. Her style is sandpapery, her ambition transparent. As a California state assemblywoman, she has made a lot of enemies with her back-room maneuvering and habit of publicly dressing down opponents. "There is no one who wants to square off against Maxine," says Democratic Party Strategist Mickey Kantor admiringly. But foes and fans alike agree that Waters, 45, is articulate, hardworking and creative. She has emerged as the most powerful woman in California political circles and, after Assembly Speaker Willie Brown, the second most powerful black...

Author: /time Magazine | Title: Fresh Faces for an Old Struggle | 8/22/1983 | See Source »

Such new approaches to money management have at once capitalized upon, and accelerated, a shift in the investing habits of the typical American family. Chief Portfolio Strategist Steven Einhorn of Goldman, Sachs estimates that individual investors bought $23 billion in stocks during the first three months of this year, twice the pace of the last quarter...

Author: /time Magazine | Title: Happy Birthday, Bull Market | 8/22/1983 | See Source »

...power lines and assassinating members of the KhAD. Using Soviet land mines fished out of the ground with wooden pitchforks, they destroyed at least twelve enemy tanks in the Panjshir Valley last year. "We destroy their tanks in such a way that they cannot find the pieces," gloats Insurgent Strategist Mohammed es'Haq. "It has a good psychological effect...

Author: /time Magazine | Title: AFGHANISTAN: Glimpses of a Holy War | 6/20/1983 | See Source »

...Says Zentz: "I'd hate to pay his college phone bill." Elliott directed the rookie state assembly campaign of Bremenite Greg Mishler the summer after freshman year and continued to manage the operation from Cambridge through the fall Long-distance leadership never posed a major problem for the precocious strategist: "Everyone knew just what they had to do every day until the polls closed because I had mapped it all out beforehand--advertising, canvassing, appearances, the works...

Author: By Paul M. Barrett, | Title: Small Town Boy in the Big City | 6/9/1983 | See Source »

...setback last Monday, when the Dow Jones industrial average plunged 21.87 points, its steepest slide in almost two months. Later in the week, though, the market charged back smartly and closed at 1232.59, another record high. The short-lived sell-off was sparked by Barton Biggs, 50, chief portfolio strategist for Morgan Stanley & Co., the Manhattan investment banking firm that handles $7 billion in investments for clients, including about $5 billion from Kuwait. During a routine Monday-morning planning session, the gist of which was flashed to Morgan's clients, Biggs said he was becoming a little wary about...

Author: /time Magazine | Title: Bothered Bull | 5/16/1983 | See Source »

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