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...longtime sports lawyer, Helmick claimed to have formed many of his business associations before he came to the USOC and maintained that he "accepted business only for valid business reasons." He said he was leaving the USOC to ensure that it would not be "paralyzed" by controversy. But William E. Simon, the former U.S. Treasury Secretary who was USOC president from 1981 to 1985, had a very different view. Helmick, he said, had committed an "impropriety" that made his resignation "necessary...

Author: /time Magazine | Title: Scandals: Doing Well by Doing Good | 9/30/1991 | See Source »

...going into this with my eyes wide open," Sullivan said. "I'm planning to look at strengths, weaknesses, see work habits, skill habits, get feedback from last year's staff, and then I'll be able to make valid assessments...

Author: By Ara B. Gershengorn, | Title: Sullivan Takes the Helm | 9/16/1991 | See Source »

With few empty seats in most private and parochial schools, a valid test of + Choice requires a dramatic expansion of the supply side. Otherwise, the risk is that Choice will prove to be little more than a government subsidy to parents who already pay private or parochial tuition for their children. Yet the Bush Administration cannot mandate the creation of alternative schools. Washington can goad and coax with the carrot of federal money, but revamping public education is largely beyond the purview of the White House and Congress...

Author: /time Magazine | Title: Lamar Alexander: Tough Choice | 9/16/1991 | See Source »

...centralized Soviet Union has created a host of new obstacles to pursuing any kind of widespread reform plan. "The report assumed that there would be a coherent central government," says Stanley Fischer, an MIT economics professor and member of the Allison-Yavlinsky team. "Those assumptions are obviously no longer valid...

Author: By Maggie S. Tucker, | Title: More Than They Bargained For | 9/13/1991 | See Source »

...concerned that some of the last-minute money dealings might be an attempt to bankroll an illegal underground party of anti-reform, communist hard-liners, something like the small but disciplined Bolshevik party that Lenin led to power in the October Revolution of 1917. "We do not have any valid information to that effect yet," Stepankov said. "But I have instructed my investigators to be on special alert for any documents on financial dealings and put them aside for special investigation...

Author: /time Magazine | Title: The Party Is Over | 9/9/1991 | See Source »

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