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...thought it was an ineffective way to lower prices. But as oil prices continued to climb, the Vice President's policy team became deeply involved in a months-long White House debate about tapping the reserve. Treasury Secretary Lawrence Summers opposed the release in a much publicized Sept. 13 memo, but a week before he wrote it, sources tell TIME, Clinton was already telling Saudi Crown Prince Abdullah that he was strongly considering tapping the reserve. They met in a suite at the Waldorf-Astoria in New York City during the U.N. Millennium Summit. Clinton's "objective...

Author: /time Magazine | Title: Campaign 2000: Who's Right About Oil? | 10/2/2000 | See Source »

There is mounting evidence that it may. According to an internal Ford memo in the hands of congressional investigators, the company concluded after looking into accidents in Venezuela that "the high incidence [of] vehicle rollover after a tire blowout or tread loss has not been detected for other vehicle brands," such as Toyota, GM or Chrysler. Last May, according to a confidential Firestone document obtained by TIME, Firestone officials suggested to their colleagues at Ford in Venezuela that the Explorer's suspension was a factor. Ford disagreed, as it still does...

Author: /time Magazine | Title: Is This Vehicle Safe? | 10/2/2000 | See Source »

...never have to hear his treacly tribute. Sure it's unfortunate that "he has never heard his mother's voice" -but it's also true of every other person who's been deaf for life, whereas this inane report acted as though NBC just discovered a shocking new affliction. Memo to NBC: There's already a forum for serving up the mawkish, poorly written and tastelessly directed stories of unfortunate people as entertainment. It's called "Dateline." And "Dateline" does not Olympic-sized ratings...

Author: /time Magazine | Title: Memo to NBC: How to Avoid a Greek Tragedy | 9/27/2000 | See Source »

...apparently, someone forgot to pass the Clinton camp that memo. At a reception I happened to hear Norman Mineta, the U.S. Secretary of Commerce, say that if Gore were elected, "He hoped to be on for another four years." Interesting that one of the men in charge of the country doesn't realize that the last thing Gore wants around if elected is a former member of the Clinton administration--other than himself...

Author: By Christina S. Lewis, | Title: Confusion in Camp? | 9/21/2000 | See Source »

...same time, an internal Ford memo dated March 12, 1999, showed that Firestone had "major reservations" about launching a recall of 16-in. Wilderness tires in Saudi Arabia because the two companies might then have to notify the National Highway Traffic Safety Administration in the U.S. of their action. A few months later, after Firestone continued to maintain that there was no problem with the tires, Ford unilaterally initiated a quiet replacement campaign in the Middle East, without alerting anyone. The testimony also confirmed that Firestone may well have delayed the recall a month by insisting that Ford sign...

Author: /time Magazine | Title: Firestone's Rough Road | 9/19/2000 | See Source »

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