Word: confession
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Dates: during 1990-1999
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Investors large and small who had put money overseas in search of diversification, or simply higher returns, were sorely disappointed last week. Day after day, one giant U.S. bank after another came forward, like sheepish A.A. members fallen off the wagon, to confess they had succumbed to the lure of big returns from Russian investments on which--surprise!--the Yeltsin government has defaulted. Citicorp announced that its earnings for the third quarter will be cut by about $200 million in Russian losses. The price tag at Bankers Trust, about $260 million; at brokerage firm Salomon Smith Barney, $360 million...
After seven months of lies, deception, frivolous legal maneuvering and constant attacks on independent counsel Kenneth Starr, Bill Clinton thinks all he has to do is bite his lower lip, confess and tell Americans it's time to move on [SPECIAL REPORT, Aug. 31]. We simply cannot abide by a standard that says it is O.K. for a President to engage in an extramarital affair inside the White House with a 21-year-old intern, lie under oath and then engage in sidetracking the inquiry seeking to uncover his wrongdoing. We cannot, as a nation, afford to remain indifferent...
Last Friday, Chicago prosecutors dropped the murder charges against the two boys, citing a crime-laboratory report that confirmed that semen was found on Ryan's underpants. "I was concerned about this confession from the start," says Cook County public guardian Patrick Murphy. "You're worried about kids this young saying anything. It's not like they were scared into--or coerced, or that the police said that the boogeyman is going to get you. They'd just say anything to get out of the room." One report had the boys agreeing to confess after being offered Big Macs...
...spin is one reason some journalists have qualms about government officials' passing through the revolving door into our profession. These qualms are too hoity-toity. Journalism should be a game anyone is allowed to play. But when folks show up claiming to be reformed spinners, they ought to confess their own past spins before they start denouncing others'. Let the person without spin cast the first stone...
Once you put an all-out scandal in motion, there's no stopping it, which is why I doubt that all this is behind us. We've gone so far as to have ABC bump a football game so we could hear the President confess that he had I.R.'d an intern after all. As overnight polls indicated that most Americans were satisfied by the apology, TV pontificators informed us that it wasn't an apology that would satisfy most Americans. It was limited, they said. This...