Word: settlements
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These issues came to a head in February, when the antitrust settlement Gates reached last July with Assistant Attorney General Anne Bingaman ran into a roadblock in the person of federal judge Stanley Sporkin. In a widely quoted decision, Judge Sporkin rejected the deal, agreeing with most observers, who believe it was too favorable to Microsoft. "It is clear to this court," he wrote, "that if it signs the decree presented to it, the message will be that Microsoft is so powerful that neither the market nor the government is capable of dealing with all of its monopolistic practices...
Beyond the hot rhetoric, political pressures in both countries threatened to bar any immediate settlement. For a struggling President Clinton, the get-tough sanctions promised to shore up his support in crucial industrial states such as Michigan and Ohio. "No U.S. politician ever lost at the polls by bashing Japan," says trade expert Jagdish Bhagwati, a Columbia University economist. And the political price? "So we lose the Lexus and Infiniti vote," shrugs a senior Administration official. "It's a risk we're prepared to take...
...clean. Four of the union's past eight presidents had been indicted on criminal charges; three of them went to prison. In 1989 the union finally settled an epic racketeering suit in which the feds accused its leadership of forging a "devil's pact" with the Mafia. Under the settlement, the Teamsters agreed to allow the members to elect their president freely. Since then, Lacey and his team have booted out more than 200 union members on a wide range of corruption charges...
...investigating three men-Radovan Karadzic, the Bosnian Serb leader; Ratko Mladic, commander of the Bosnian Serb army; and Mico Stanisic, the former Bosnian Serb secret-police chief -- on possible genocide charges. U.N. officials acknowledged that identifying the three as suspects complicates the job of trying to forge a settlement with Bosnian Serb forces. Meanwhile, the tattered four-month-old truce between Bosnia's warring parties was set to expire Monday despite last-minute attempts by U.N. officials to negotiate its extension...
...Friday, May 14, 1948, the leaders of the Jewish settlement in Israel assembled in the Tel Aviv Museum, and David Ben-Gurion read out the Scroll of Independence: "By virtue of our national and intrinsic right and on the strength of the resolution of the United Nations General Assembly we hereby declare the establishment of a Jewish state in Palestine, which shall be known as the State of Israel...