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TAKE THIS JOB AND SHOVE IT. Richard Dennis, 39, known in Chicago as the Prince of the Pit, was one of the most successful commodities traders in the world. He launched bold invasions into markets ranging from Treasury bonds to precious metals. But he took a bath in financial futures after the crash and in grain during last summer's drought. His two public commodities funds lost an estimated $50 million in the past year, or nearly 50% of their value. Dennis decided last month to pack up his diminished fortune, estimated at $200 million, and move on to another...

Author: /time Magazine | Title: The Crash, One Year Later : It Was the Worst of Times | 10/17/1988 | See Source »

...with George Bush's. Today the Bush bulge, though marginal nationwide, translates into an intimidating electoral count approaching 270. This allows Bush greater flexibility in pursuing important states in no-man's-land and in attacking Dukakis territory. Dukakis, like a combat surgeon, must practice triage as he allocates precious assets to regions where his prospects can survive. His brave talk about waging a 50-state campaign rings hollow as his managers throttle back in about 15 states, most of them in the West and Deep South. Dukakis' electoral vote gap is becoming so serious that his newly energized campaign...

Author: /time Magazine | Title: The Votes That Really Count | 10/17/1988 | See Source »

could turn out to be for Dukakis what Russia was for Napoleon. He invested his vice-presidential choice there and nine days of his own precious time, but Bush still leads. The only consolation is that the Bentsen gambit has forced Bush to work hard in his home state; like Dukakis, the Vice President was there again last week. The Democrat's hope is that the oil recession will raise indignation high enough to smother Bush's appeals to Texans' macho instincts. Both sides have so much at stake that neither can be seen as backing away...

Author: /time Magazine | Title: The Votes That Really Count | 10/17/1988 | See Source »

...have no plans to develop any land that side of Massachusetts Ave.," says Associate Dean for Physical Resources Philip J. Parsons. He added that though the land is expensive, "open space is very precious...

Author: By Ross G. Forman, | Title: Managing Part of Fly Club Garden Proves Taxing | 10/15/1988 | See Source »

Drought-resistant varieties of grain and cattle will help these agricultural problems. The water problems, however, will only be corrected when commercial users in dry areas start paying the real price for their share of a precious public resource. In areas where clean water is hard to find, the public health must clearly have priority in water rationing. It is just this kind of policy decision that requires leadership and direction at the federal level...

Author: By Charles N.W. Keckler, | Title: Water on the Rocks | 10/8/1988 | See Source »

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