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Murrow's antagonists are equally exaggerated. Coleman's Paley is a weak-willed and rather distracted chief executive, hardly the sort of man who founded and built a broadcasting empire. And Stanton, as played by John McMartin, is a cardboard corporate foil, forever jabbering about ratings, opinion polls and bottom lines. "Stanton is fascinated with numbers . . . profit statements . . . power," says Paley, trying to persuade Murrow to accept a vice-presidential position. "You know what I want? A conscience. Integrity...
...together that year, and at one point Mansfield gave voice to their unreasonable dream of someday playing in one. As it happened, they would play in four, starting back in Tulane Stadium at Super Bowl IX. "The few of us who spent half our Steeler careers with a hopeless bottom team gazed around that field at each other and at the younger players. They had no idea." The starving team from the starving town at the great banquet. "They had absolutely no idea." X Pittsburgh Steelers 21 Dallas Cowboys...
...public pay the price--for their own mismanagement and bad judgment. Liability insurance has always been a notoriously cyclical industry. Says Robert Hunter, head of the National Insurance Consumer Organization: "At the top of the cycle you write [policies for] everybody, no matter how bad, and at the bottom you cancel everybody, no matter how good. It's a manic-depressive cycle...
...Then the bottom fell out. Interest rates began tumbling in 1981; the prime is now at an eight-year low of 9%. Underwriting losses ballooned. Foreign reinsurers--Lloyd's of London is the biggest--that indemnify most American casualty companies against extraordinary losses, cut back sharply or ran away from the business entirely, leaving the American firms to shoulder the losses alone. Finally, in 1984 underwriting losses swallowed up investment income entirely and, according to industry statistics, property-casualty insurers suffered an overall pretax loss of $3.8 billion. It was the first red-ink figure in nine years...
...Judge Lambert has asked for the jury's patience as they examine this complex test of wills, in which "we are all working hard." Shoveling dirt can be hard work indeed, and it is expected to take more than two months in her courtroom alone to get to the bottom of it all. --By Richard Lacayo. Reported by Raji Samghabadi/New York