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Reagan trusted Stockman, but Stockman, by his own admission, again and again failed to return that trust. The mystery in this account is why Stockman did not lay his fears of impending financial disaster squarely on the President's desk. Or why, if others thwarted his honest intentions, he did not resign. His self-exoneration--describing how he was flitting here and there in righteous dismay, confronting all those mindless Californians around Reagan, struggling to "work from within" to avert the catastrophe he so clearly saw before him--does not go down well. He confesses to being too enamored...

Author: /time Magazine | Title: The Presidency: The Triumph of Arrogance | 6/21/2005 | See Source »

...estate, which includes everything left by the duke, was estimated at more than $10 million in the 1970s. It includes much art and many mementos, among them the desk from which the abdication speech was made. Wallis continued to put paper clips and fresh ink on that desk, as if to keep it ready for him to use. And while she was still able, she would end each day by walking into his empty room to whisper "Good night, David" to the man who had loved her. --By Walter Isaacson. Reported by Claire Senard/Paris

Author: /time Magazine | Title: Wallis, Duchess of Windsor: 1896-1986 | 6/21/2005 | See Source »

Despite the extreme time pressure, Fry was delighted by the opportunity that the Reykjavik story gave IMPACT to show its mettle. After all, she says, "the whole purpose of IMPACT is to reduce the time it takes to get news from the writer's desk to the readers." A Sunday-morning presidential meeting in Iceland was a special test, but that goal is one that TIME pursues each week of the year...

Author: /time Magazine | Title: A Letter from the Publisher: Oct. 20, 1986 | 6/21/2005 | See Source »

...Hotel. Built by her father John Young, it is hand-hewn pine and stucco, rough planks, notched banisters, Navajo blankets and deer heads on the walls--a set for any movie that goes by the name of Stagecoach. It had 16 rooms to let upstairs above the dusty front desk, rooms you let yourself into. "Our guests just went in the rooms and paid the next day," Harriet said. "Well, those days of leaving your door unlocked are gone." And so are the days of the hotel. Now it serves as a Trailways Bus stop (not a station; Harriet does...

Author: /time Magazine | Title: In New Mexico: A Local Voice | 6/21/2005 | See Source »

...Frankel was a young man in a hurry. He had spent 13 years at the New York Times, first as a campus correspondent at Columbia University, later as a rewrite man on the night desk, where in 1956 he had become a newsroom hero for doing a quick and compelling job on the sinking of the Andrea Doria. He had served in Vienna and Moscow before going to Washington to cover the State Department, the White House and the CIA. So when the position of Washington bureau chief opened up, Frankel coveted the post. When he lost...

Author: /time Magazine | Title: Max Frankel: A One-Newspaper Man | 6/21/2005 | See Source »

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