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...Financial Journalist George J.W. Goodman, who writes under the nom de plume Adam Smith, observed in The Money Game, a 1968 analysis of the stock market: "Really big money is not made in the stock market by outside investors. I am talking about multiples of millions rather than just, say, one lousy million. Who makes the really big money? The inside stockholders of a company do, when the market capitalizes the earnings of that company ... I am not making any value judgments. This is the way things...

Author: /time Magazine | Title: Making a Mint Overnight | 1/23/1984 | See Source »

However envious the other Democratic candidates might be of Jackson's unexpected dash into the national spot light, all may have benefited indirectly from his heroics. He not only made their expected November foe, Ronald Reagan, look ineffectual for not gaining Goodman's release earlier, but brought new stirrings of excitement to a Democratic race that had been drifting toward tedium almost before it began. For the moment, anyway, Jesse Jackson was the life of the party...

Author: /time Magazine | Title: Stepping on Mondale's Lines | 1/16/1984 | See Source »

Ronald Reagan even takes his optimism to bed with him. Last Tuesday at 5:30 a.m. his phone routed him from sleep with the news that Lieut. Robert Goodman had been released by the Syrians into the eager arms of Presidential Contender Jesse Jackson. Reagan huskily brushed aside the option that he play down Jackson's triumph. Reagan never met a piece of good news he didn't like, even at dawn. His instincts told him Goodman, Jackson, the U.S. and Reagan could all be winners...

Author: /time Magazine | Title: The Presidency: Using Hope Against Adversity | 1/16/1984 | See Source »

...elevated Goodman's release to a religious experience. When he encountered an aide in the Oval Office, Reagan blurted, "Our prayers have been answered. We've got him home." Two hours later, the President was surrounded by somber staff members who were grappling with the larger problem of peace in Lebanon. Special Envoy Donald Rumsfeld poured out his frustration. Other aides piled high their grim tidings of confusion and doubt. Yet Reagan rummaged through the debris for new ideas and different combinations, glints of hope no matter how faint. Finally Mike Deaver, who knows the inner Reagan better...

Author: /time Magazine | Title: The Presidency: Using Hope Against Adversity | 1/16/1984 | See Source »

...influence events at home, where their powers of persuasion are felt most keenly. If the economy continues to hold up, Reagan believes his fourth year will be dominated by foreign affairs. How to reach the mystic Syrian Hafez Assad and the ghostly Soviet Yuri Andropov? He is using Goodman's release in an attempt to change the Lebanon environment before time runs out for a settlement. In the next week or so he plans to give a major address urging the Soviets to come back to the arms negotiations. Assad and Andropov may prove to be implacable. But Reagan...

Author: /time Magazine | Title: The Presidency: Using Hope Against Adversity | 1/16/1984 | See Source »

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