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Even if the committee ultimately decides not to recommend any punishment, its mere existence poses a widespread threat. "Possible misconduct" is a hideously vague term, and unless it is quickly clarified, a large segment of the Faculty may feel threatened. If the committee has any idea of where it will curb its investigations, it should explain the limits immediately. And if it decides to go ahead with the hearings, it should be sure that those hearings are open, so that the members of the University will know what kind of witches the committee is hunting and what evidence it will...

Author: NO WRITER ATTRIBUTED | Title: Point of Order | 5/20/1969 | See Source »

MOST of the speculative money that flooded into West Germany last week came from a volatile and increasingly powerful segment of the world's financial apparatus: the Eurodollar market. That market is a curious byproduct of two decades of U.S. balance of payments deficits. Eurodollars are nothing more than U.S. dollars on deposit in private banks abroad. The pool was organized in the late 1950s by London bankers who sensed that if they could marshal the billions of dollars already overseas, they could lend them out at a substantial profit. Business has been brisk ever since...

Author: /time Magazine | Title: Business: The Genie That Escaped from the Bottle | 5/16/1969 | See Source »

...over the past three years, and analysts believe that Mao, despite Chou's attempts to protect them, decided that they were dispensable. In general, the Politburo now seems divided into three main groups: the Mao-Lin section (twelve members), which retains control; the People's Liberation Army segment (six members), which mistrusts Lin because he espoused the extremism and instability of the Cultural Revolution; and the so-called Pragmatists, which now encompasses only Chou and Li Hsien-nien. The key factor in the changes is the rise to power of military leaders who do not necessarily favor...

Author: /time Magazine | Title: China: A Military Cast | 5/9/1969 | See Source »

...deeply ashamed of that segment of your student body that alternately hates your God and your country...

Author: NO WRITER ATTRIBUTED | Title: The Mail | 5/5/1969 | See Source »

...Association's platform reflected this public-persuasion strategy. Instead of dealing with specific proposals like ghetto school improvement, it concentrated on broad tactics. It planned to "gain active participation from as broad a segment of the community as possible," and to "provide mechanisms for citizens and business leaders to work in the best interests of the schools...

Author: By James M. Fallows, | Title: The Calkins Saga -- A Second Chapter | 5/2/1969 | See Source »

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