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That is not necessarily a crushing setback for the global economy, nor does it indicate a sudden decline in Reagan's persuasive powers. Mitterrand probably was at least partly playing to the potent French farm vote in preparation for parliamentary elections next year, and it would be useless for any non-French politician to try to talk him out of that. All the same, the impasse raises a disquieting question about economic summits. One of the original reasons for holding the meetings was supposed to be that the problems of coordinating an interdependent global economy were too important...

Author: /time Magazine | Title: No French Connection | 5/13/1985 | See Source »

...term junk bonds conjures up an image of useless certificates sitting in a pile in someone's garage. Nonetheless, junk bonds, which originally were issued mostly by companies in financial trouble, have taken on a slick new role as a money-raising device for corporate-takeover artists and entrepreneurial companies. The amount of junk-bond issues has grown from $3 billion in 1982 to $14.3 billion last year...

Author: /time Magazine | Title: Selling Junk: Popular but precarious bonds | 5/6/1985 | See Source »

...effect, the group has simply contributed to the implementation of the Corporation's predetermined investment policy, and advised it on relatively useless proxy votes. Last year, however, the group took a bold, independent step. In a 35-page, thoroughly researched report, the ACSR recommended that the Corporation completely divest, and received a flat rejection. It also recommended that Harvard impose a time limit for conducting dialogue, within which it would require companies to improve their South African operations. Harvard said no again...

Author: NO WRITER ATTRIBUTED | Title: Democratic Mandate | 4/29/1985 | See Source »

...niece and her enamorata. Pandarus is the quintessmal old fuss budget. While Ulysses gets the most elegant lines in the piece Pandarus gets enough good comic material to read for the role of a Green Johnny Carson. Blunt to the point of abrasiveness. Pandarus urges the lovers to abandon useless talk and move into more substantial endeavors once they have made each other's acquaintance...

Author: By Cristina V. Coletta, | Title: Shakespeare Straight & Tragic | 4/19/1985 | See Source »

...dead? I hope he's fucking dead," he growled, kicking the useless machine. "Who's gonna two this...

Author: By Adam H. Gorfain and Benjamin N. Smith, S | Title: A Ride on the Wild Side | 4/18/1985 | See Source »

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