Word: manhattanization
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...week on the first leg of a twelve-day, eight- city U.S. tour. For one brief, wistful moment, a city that had been pounded by a series of violent racial incidents seemed to vibrate with one voice shouting "Mandela!" More than 750,000 people lined the streets of lower Manhattan as Mandela sped by in a bulletproof glass chamber borne on a flatbed truck. At a rally on the steps of City Hall, Mandela was presented with the key to the city by Mayor David Dinkins, one of the five African-American mayors who will welcome him on his trip...
...cover, three of the journalists who scrambled to get the story were newly arrived college interns. Michelle Ray, an editor for the University of California at Santa Barbara Daily Nexus, assembled background research for the Nation section. Otto Pohl, a student at Cornell, photographed the parade in lower Manhattan on Wednesday, then joined assistant picture editor Richard Boeth at the light table to edit the pictures. On Thursday night Robin Bennefield, who has been managing editor of the Swarthmore Phoenix, headed out to Yankee Stadium to cover the rally. Says Ray: "I was surprised that the people at TIME reacted...
...Pohl and Bennefield are among a dozen students working at TIME this summer. For many years we have invited some of the brightest U.S. college juniors to Manhattan to learn how we put out the magazine -- and sometimes to come back full time. Managing editor Henry Muller, Stanford '68, started his career as a summer intern at our sister magazine LIFE. More recently, Time Warner has added internships for graduate students as well, to expose them to all the facets of our publishing enterprises...
...sideshow to shift focus from the cost of dealing with the problem," says Paul Horvitz, a finance professor at the University of Houston. At this point, the biggest new scandal would be to push the increased bailout cost into the future by borrowing more money. Felix Rohatyn, the Manhattan investment banker and fiscal gadfly, proposed last week that the Government pay for the bailout with a 5% surcharge on federal income taxes, which could raise $25 billion to $35 billion a year. Borrowing the money instead, he said, would amount to "leaving it to our children...
...Marilyn Quayle, furious because George dumped Dan in '92, is over in Libya conspiring with Gaddafi. Gorby gave the U.S.S.R. his best shot, but it didn't work, so he defected, took a publishing job in Manhattan, and is dating Susan Sarandon. Noriega beat his drug rap, as we all knew he would, and is back in power in Panama. At the White House, President Clementine Fox is brooding about sending troops to dislodge him, and her peacenik husband Guy, the First Hubby, sourly tells her, "Have yourself a merry little isthmus." Got all that? Oh, yes, and Clementine became...