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Although Teamsters President Presser was the target of a federal strike force that wanted to charge him with embezzling funds from his Cleveland local, the Justice Department last year decided not to prosecute. A federal grand jury is now probing the reasons for this decision. One reported explanation was that Presser had been used by the FBI as an informant on Mob activities...

Author: /time Magazine | Title: Bad Company :A warning about tainted unions | 6/21/2005 | See Source »

...examples represent just a small sampling from a rising flood of problems growing out of what has become a new national crisis. Given the litigious nature of American society these days, just about any kind of business, profession or government agency is likely to become the target of a suit alleging malpractice or negligence resulting in personal injury. That makes liability insurance, the kind that pays off on such claims, just about as vital as oil in keeping the economy functioning. But in the past two years, liability insurance has become the kind of resource that...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

...average verdict in product-liability cases now tops $1 million; preliminary figures for 1985 indicate that the average verdict in medical malpractice cases also exceeded $1 million for the first time. These giant awards, insurers say, exert an influence out of proportion to their numbers. They set a target for plaintiffs and their attorneys to shoot for, and move defendants to offer high out-of-court settlements rather than take a chance on what a jury might...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

...Chances have been taken, gambles won. Seidelman, 33, notes, "Desperately Seeking Susan had a female director, a female producer, a female writer, two female stars and a female executive, Barbara Boyle, who helped us get the go-ahead. If the film had bombed, it would have presented a broad target. Failure is a luxury not yet afforded to women." But Susan succeeded, and its momentum helped reduce the risk factor for hiring first-time women directors. Randa Haines, 41, won an Emmy for the TV movie Something About Amelia, but was untested in feature films until she was tapped...

Author: /time Magazine | Title: Cinema: Calling Their Own Shots | 6/21/2005 | See Source »

...title is pompous and a bit puzzling. But when hearings begin Tuesday on the proposed Integrity in Post Employment Act of 1986, there should be little mystery about its true target. The legislation, drafted by South Carolina Republican Senator Strom Thurmond, would bar key federal officeholders from ever lobbying for foreign governments or corporations. It would apply retroactively to anyone who had once served in a Cabinet or sub-Cabinet job, or in one of the 25 top posts on the White House staff. Such as . . . oh, Michael Deaver, for example...

Author: /time Magazine | Title: Acid Raining on Deaver's Parade | 6/21/2005 | See Source »

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