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...serve as a guard tower at the new traffic entrance into the campus. The kiosk, which will accommodate a single security guard, is being built primarily in wood in "the style of an 18th-century cupola," according to Jon Hlafter, director of physical planning at Princeton. With a price tag of $50,000, the booth will cost about $1000 per square foot, Hlafter estimates...

Author: NO WRITER ATTRIBUTED | Title: Princeton to Build $50,000 Kiosk | 10/8/1988 | See Source »

Irate Soviet citizens took to calling him the "Mineral Secretary" or the "Genjuice," but now they may want to tag Communist Party General Secretary Mikhail Gorbachev with a more affectionate nickname -- say, "Comrade Cognac." Last week the Soviet Council of Ministers announced that grocery stores will once again be allowed to sell beer, wine and cognac -- but not vodka. The decree watered down Gorbachev's antialcohol policies of 1985, which produced long lines at state shops and a flood of black-market booze. Despite the softened stance on liquor sales, the Soviet leadership still hopes to cut alcohol consumption with...

Author: /time Magazine | Title: Soviet Union: Bottoms Up, Mikhail | 10/3/1988 | See Source »

...times it seems we have almost created a game for ourselves. In the back of our scheming little minds, we begin to think we can actually prevent them from happening at all. With increasingly sophisticated technology, we can begin to label disasters with the tag, "worst-ever," "strongest of the decade," etc. And then we marshal our resources to slay these larger and larger dragons...

Author: By John J. Murphy, | Title: Is The World Courting Disaster? | 9/19/1988 | See Source »

...Loan Insurance Corporation, a Bank Board unit that insures S and L deposits, would soon run out of money if it simply shut down the troubled giants. Paying off all American Savings' F.S.L.I.C.-insured depositors would have cost an estimated $4 billion to $5 billion, twice the price tag for last week's rescue. Thus the Bank Board must find buyers for the distressed S and Ls and, in the worst cases, offer huge loan guarantees to make the transactions virtually risk free. In Gibson's deal the Bank Board agreed to provide $1.3 billion in guarantees and other assistance...

Author: /time Magazine | Title: Gold Among the Ruins | 9/19/1988 | See Source »

...King Gustav, "are the world's greatest athlete." To which Thorpe replied with touching simplicity, "Thanks, King." Thompson has often heard the description "world's greatest athlete" -- in fact, he has been called the greatest of all time -- but has never seriously proclaimed the title. "It's merely a tag," he says. He does feel akin to Thorpe though. "We're all his descendants -- Mathias, Rafer Johnson, Jenner, me. We've all shared something. It's passed down from one to the next. It's never anyone's property. It's only mine for the moment...

Author: /time Magazine | Title: Olympics: Regal Masters Of Olympic Versatility | 9/19/1988 | See Source »

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