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...many code names that Lieut. Colonel Oliver North attracted during the Iran-contra affair ranged from the heroic "Good" to the cryptic "B.G." (for "Blood and Guts") to the macho "Steel Hammer." But the most significant, and bizarre, could turn out to be "Belly Button." That improbable monicker was the name for a Swiss bank account containing $200,000 in Iran-arms profits that were set aside for the former National Security Council aide and his family...

Author: /time Magazine | Title: A Big Bonus for Belly Button | 6/15/1987 | See Source »

...economist, Greenspan also resists easy classification. Though unmistakably conservative, he has never joined any of the doctrinaire factions of right-wing economics, such as the monetarists or supply-siders. He is a technical whiz who ponders computer printouts on everything from yesterday's price of steel scrap to next week's projected cost of cocoa beans. Says Frank Ikard, a former Texas Congressman who is a friend of Greenspan's: "He is the kind of person who knows how many thousands of flat-headed bolts were used in a Chevrolet and what it would do to the national economy...

Author: /time Magazine | Title: A Conservative Who Can Compromise | 6/15/1987 | See Source »

...record a lot of stuff. The day before the mix I was putting an incredible amount of pressure on him, and he came five hours late with the tape. But not before tripping over cords which caused $2000 worth of musical equipment to plummet into Lowell's unforgiving steel-reinforced floors...

Author: By Deborah E. Copaken, | Title: An Animated Lunch With Larry | 6/11/1987 | See Source »

...Kill me! Why don't you kill me?" an elderly man screamed at a line of riot police dressed in green combat uniforms and steel helmets...

Author: NO WRITER ATTRIBUTED | Title: S. Korean Rioters Throw Rocks at Police | 6/11/1987 | See Source »

Holmes a Court, 49, a soft-spoken lawyer who is reputedly Australia's wealthiest citizen, controls worldwide industrial and media properties through his holding company, Bell Group (1986 revenues: $1.5 billion). From that base, he has launched sallies against Broken Hill Proprietary, a huge Australian steel, oil and gas producer, and other big firms. A few months ago he engaged in a bidding war with Media Mogul Rupert Murdoch over the Herald and Weekly Times, Australia's largest media group. Last August Holmes a Court disclosed that he was seeking a 15% stake in USX, the steel giant. As takeover...

Author: /time Magazine | Title: Stalking Texaco: An Australian buys in big | 6/1/1987 | See Source »

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