Word: giuliani
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Dates: during 1980-1989
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...constituted Gotham's second largest ethnic group, blacks had not won a single citywide office. Last week they finally exulted in a triumph of their own. Drawing support from what he called a "gorgeous mosaic" of black, Hispanic and white voters, David Dinkins edged out former U.S. Attorney Rudolph Giuliani to succeed three-term Mayor Edward Koch...
...Dinkins has not done much -- beyond showing up -- to respond to that hope. After trouncing Koch, he seemed prepared to coast into city hall on the euphoria of his primary win. He glad-handed his way through the general election, underestimating the potent challenge Giuliani was mounting under the tutelage of media meister Roger Ailes. In the closing weeks of the race, Giuliani nearly overcame Dinkins' double-digit lead in the polls. Giuliani launched a subtle appeal to the fears of white voters and exploited widespread disgust with the corruption that plagued Koch's final term by raising troubling questions...
...Giuliani claimed that Dinkins was seeking to evade taxes in a murky sale to his son of stock in a black-controlled broadcasting company. He followed up by disclosing that Dinkins had not listed on required financial-disclosure forms a vacation trip to France paid for in part by a close friend. Though Dinkins provided plausible explanations for the lapses, the explanations were slow in coming. With more time, Giuliani might have been able to capitalize on his reputation as one of the nation's toughest lawmen. When the candidates squared off in televised debates, Dinkins complained that Giuliani...
...seemingly intractable problems. Says Lynch: "The image that you have to be a tough guy to be mayor of New York is wrong." Perhaps, but the choices that the new mayor will face are certainly going to be tough. Says Ray Harding, head of the Liberal Party and Giuliani's earliest political ally: "David Dinkins brings tranquillity, and that's evidently what New York wants." As tough times hit, New York might need much more than that...
Imagine how much worse it must be to get a really big government mad at you -- like the U.S. Government, in the person of former U.S. Attorney Rudolph Giuliani. That's what money manager James Sutton ("Jay") Regan, 47, seems to have done. His firm, Princeton/Newport Partners, was charged with making a series of bogus trades in 1984 and '85 to claim tax losses. The trades were shams, argued the Government, because though Princeton/Newport really did sell securities in which it really did have losses, the firm didn't really sell them because it had an unwritten deal...