Word: governing
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Dates: during 1990-1990
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...transgressed certain of the laws and regulations that govern our industry. I was wrong in doing so and knew at the time, and I am pleading guilty to these offenses." With those contrite but carefully crafted words, | deposed junk-bond king Michael Milken, 43, began a tearful confession before a federal judge in Manhattan last week. The man whose deals revolutionized Wall Street and convulsed corporate America read a 15-min. statement detailing his role in securities fraud that involved recently paroled speculator Ivan Boesky and investment banker Dennis Levine. "My plea is an acceptance of personal responsibility...
...Tribal Indian women govern in the old traditional way. You are there to serve others, not for them to serve you," Haskins told the conference participants...
...expanded, one-page Grapevine section, now running at the front of the magazine. First introduced in Nation two years ago, Grapevine offered readers an insidey look at politics in Washington and across the country. We'll still give you a behind-the-scenes look at those who govern us, but now the whole world is our stage, from Hollywood to the Pentagon, from Steinbrenner to Milken. "The purpose is to be fun and lively while still being informative," says senior editor Walter Isaacson, who will oversee the section...
...ever since. In fact, the handsome 54-year-old novelist is openly disdainful of the occupation that engages him. "Politics is intimately related to human mediocrity," Vargas Llosa observes wryly. So far, this attitude has been to his advantage in Peru, where voters seem as cynical about those who govern them...
...have great flexibility, accept criticism. Not in literature. When you write a novel, you should be very intolerant, very intractable about the goals that you have set." His critics say this stubborn streak has kept the author from building the alliances, particularly with leftist groups, that he needs to govern Peru effectively. Instead, they say, he relies on advice from a small cadre of confidants that includes his wife Patricia, 43. "He is very alone out there," says Hernando de Soto, a leading Peruvian economist and onetime friend...