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...most important men in Peking and perhaps also a Karla mole, one even more important than Haydon had been. Are the siblings estranged? Or is their relationship thicker then blood? Smiley backtracks through archives and files to find names, places, references once suppressed by Haydon. Midway through the paper chase, coherence emerges. A devious plan unfolds, vouchsafed piecemeal to the anxious reader. The opening moves are made with Jerry Westerby, an aristocratic refugee from occasional Circus assignments now living in the Tuscany hills, where his bookish habits have earned him the sobriquet "the Schoolboy." Westerby carries the spy's classic...

Author: /time Magazine | Title: The Spy Who Came In for the Gold | 10/3/1977 | See Source »

...columnist occupies Wicker's old office at the paper's Washington bureau ("liberal ghosts in every corner"), but thinks up many of his columns at home, a 20-room, brick Colonial in Chevy Chase, Md. He lives there with his wife Helene, a former British model and pianist he met in New York in 1962, and their two children. Tall, relaxed and balding, Safire, 47, collects rare books and knows his way down a wine list. He batted out Full Disclosure in the mornings, without missing any of his twice-weekly columns. "This is my fifth book [first...

Author: /time Magazine | Title: The Press: Punder on The Right | 10/3/1977 | See Source »

Banks: U.S. banks and financiers play a key role in furthering investment in South Africa, providing advice and capital for U.S. corporations there. Recently, U.S. finance companies have organized huge loans to the South African regime. The Rockefeller banks, Chase Manhattan and Citicorp have been most active in this area; but Manufacturers Hanover, Morgan Guaranty and Kidder Peabody also play an important role. Between 1974 and 1976, Manufacturers Hanover participated in at least $730 million in loans to the South African regime and state-owned corporations. Morgan Guaranty participated in at least $490 million in loans to the regime...

Author: By Neva L. Seidman, | Title: Harvard's Share in Apartheid | 9/27/1977 | See Source »

...trying to restrain the growth of money; in consequence, interest rates are rising. Last week it let demand for money push the Fed funds' rate as high as 6¼%, instead of pumping cash into banks to stop the rise. Other short-term rates are going up too. Chase Manhattan last week led the way for other major banks in lifting the prime rate charged to their best corporate customers by a quarter of a point, to 7¼%, the highest in a bit more than a year. Three-month U.S. Treasury bills, which traded at 5.57% during...

Author: /time Magazine | Title: Business: Faulting the Fed On Money | 9/26/1977 | See Source »

...flair and his computer time-sharing innovation have made DRI by far the biggest in the field. The most reliable performance rating of the prophets is made by Economist Stephen McNees of the Boston Federal Reserve Bank, who concludes that the three computerized econometric data firms - DRI, Wharton and Chase Econometrics - set the standard for accuracy among professional forecasters...

Author: /time Magazine | Title: Business: To the Prophet Go the Profits | 9/26/1977 | See Source »

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