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470416615
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Magazines, February 26, 1990
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470416615
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document
title
Magazines, February 26, 1990
citationUrl
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90537-005
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George H. W. Bush Papers
Presidential Daily Files
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470416615
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26
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1990-02-26
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1990
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26
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1990-02-26
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2
year
1990
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Originally Processed With FOIA(s):
FOIA Number:
2009-0166-S
2009-0166-S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin:
Office of the President
Series:
Daily Files
Subseries:
OA/ID Number:
90537
Folder ID Number:
90537-005
Folder Title:
Magazines, February 26, 1990
Stack:
Row:
Section:
Shelf:
Position:
V
12
11
6
3
THE PERILS OF WORKING PART-TIME
U.S.News
FEBRUARY 26, 1990
$1.95
THE MAN WHO CONQUERED
COMMUNISM
THE NEW
EUROPE by
VACLAV HAVEL,
Playwright-
President of
Czechoslovakia
09
02239 0
140066
U.S.News
February 26, 1990 Vol. 108 No. 8
BUSINESS
N
6 Letters to the Editor
D
44 Wiring the world. How U.S.
telecommunications firms are plugging
CURRENTS
E
J
into the global information business
10 One Week: An antidote for hatred
FG
47 The disaster that never happened. The
13 A Moscow muddle
Those stubborn
year-old plant-closing law proves more
coca growers The U.S. birth-control
bombast than bombshell
lag
Which Trump holds the aces?
49 Economic Outlook: Sylvia Nasar on
17 John Leo on Andy Rooney
improvements in Japan's trade stance
18 Washington Whispers
RANDY JONES FOR USN&WR
HORIZONS
U.S.NEWS
50 Education: Lessons from the trenches.
20 End of the go-go era
Theodore Sizer tries to save our schools
20 A checkup for America's
23 Why criminals do time beyond bars
financial engine
NEWS YOU CAN USE
24 The life of Riley on murderer's row
Wieder
56 Careers: The hex of flex. A flexible
27 Tomorrow: Michael Barone and David
R. Gergen on conservatives' triumphs
vereinigung
schedule may make life more hectic
199Γ
58 Travel: A new age of charter flights. Now
WORLD REPORT
charters push both service and price
COVER
Deuts
61 Health: Will fitness now mean arthritis
later? Doctors believe exercise won't
28 The rise of the new Europe
harm undamaged joints
30 The chance that will not return, by
Vaclav Havel
62 Personal computers: When a virus
CHANGED
makes your PC sneeze. How to rout
33 The prisoner who took the castle
these pesky electronic infections
38 Excerpts from Havel's writings
63 Vital Statistics
65 News You Can Use: Bottled water after
40 Showdown in Nicaragua
28 East Germans chant
for reunification
Perrier; car shopping by computer; a
42 Nelson Mandela's new struggle
new look at an old seizure drug
43 Worldgram: Bringing U.S. troops home
from the Pacific; Shamir hangs on
67 Editorial: Why America slept
154lbs
W=(60kg(9)
W=2940
w=mg
&
KEVIN HORAN FOR USN&WR
ROBERT AZZI-WOODFIN CAMP
ILLUSTRATION BY BONNIE TIMMONS FOR USN&WR
44 American companies
50
Thriving on intellectual courses
wiring the world
56
Overloading a part-time schedule
COVER: Photo by Alain Keler-Odyssey/Matrix for USN&WR
Copyright © 1990, by U.S.News & World Report, Inc. All rights reserved. U.S.News & World Report (ISSN 0041-5537) is published weekly, except for one combined issue mailed in August and a second
combined issue mailed in December, $39.75 per year, by U.S.News & World Report, Inc., 2400 N Street, N.W., Washington, D.C. 20037-1196. Second Class postage paid at Washington, D.C., and at additional CAN
mailing offices. POSTMASTERS: Send address changes to U.S.News & World Report, P.O. Box 55929, Boulder, Colo. 80322-5929. U.S.NEWS & WORLD REPORT® WORLD REPORT™ NEWS YOU
Printed in the U.S.A.
USE@ WORLDGRAM® WASHINGTON WHISPERS TOMORROW®
EDITORIAL AND CORPORATE OFFICES
ADVERTISING OFFICES
SUBSCRIPTION DEPARTMENT
2400 N Street, N.W., Washington, D.C. 20037-1196, 202-955-2000
599 Lexington Avenue, Suite 1200, New York, N.Y. 10022-6004, 212-326-5300
Post Office Box 55929, Boulder, Colo. 80322-5929
To order U.S. News, to change an address, or for subscription questions, write to the Subscription Department, P.O. Box 55929, Boulder, Colo. 80322-5929, or call 1-800-333-8130
N
3
U.S.NEWS & WORLD REPORT, Feb. 26, 1990
1100
$2.50
FEBRUARY 26, 1990
GERMANY:
1-
The Rush to Unity
TIME
PREDATOR'S
FALL
The collapse of Drexel Burnham,
the house that junk built, is only
the latest of Wall Street's woes.
So where are the tears?
Deposed
Dealmaker
Michael
09
Milken
10090
D 724404 1
Vol. 135, No. 9
TIME
THE WEEKLY NEWSMAGAZINE
BUSINESS: The fall of
Drexel Burnham brings a
money-mad era to an end
The most powerful firm on Wall
Street in the Roaring Eighties was at
the center of a gold-rush culture that
bankrolled corporate raiders and
often seemed consumed by vanity,
ego and greed. Drexel vanished
almost overnight last week when its
parent company, a victim of the very
junk-bond market that Drexel had
created, filed for bankruptcy. The
firm's legacy is a debt-laden corporate
America and a backlash against
excess.
RICHARD VOGEL JAISON
46
WORLD: East and West
agree on a process to
unify Germany
On both sides, the cost of unification
begins to sink in.
In a TIME
interview, Nelson Mandela talks
about a negotiated future.
From
Tadzhikistan, an exclusive report on
an Islam-tinged revolt.
FUR JAUBER
luber
UMWELT
KEIN
BUTAUF
12
TIME (ISSN 0040-781X) published A. Ripp, Treasurer; Harry M. Johnston, Secretary. Second-class postage paid at New York, N.Y., and additional mailing offices. © 1990 The in the United Magazine States
is weekly for $58.24 per year, by The Time Inc. Magazine Company. Principal Office: Time & Life Building, Rockefeller Center, New York, N.Y., 10020-1393. Time Inc. Regi-
Company. and in the All foreign rights countries where TIME magazine circulates. POSTMASTER: Send address changes to TIME, P.O. Box 30601, Tampa, Fla. 33630-0601. For subscription queries,
nald K. Brack Jr., President; reserved. Joseph Reproduction in whole or in part without written permission is prohibited. TIME and the Red Border Design are protected through trademark registration call Customer
Service at 1-800-541-2000.
2
FEBRUARY 26, 1990
NATION: This year it's easy being green
MARK RICHARDS-SIPA
California's oily beaches highlight the environment as the
hottest issue in U.S. politics, and candidates on both coasts are
scrambling to prove their colors.
In Alaska, Joseph
Hazelwood's lawyers hope to show that he was a victim, not a
villain, of the Exxon Valdez spill.
Why is George Bush rocking
along with a 76% approval rating? His low profile helps.
Despite being dragged into court, Ronald Reagan remains
serene.
32
FOOD: Yuppiedom
HEALTH: The
loses its fizz
dearth of birth-
U.S. health nuts go on the
control methods
wagon as Perrier pulls its
American women are
product from shelves
frustrated that they have so
worldwide after a benzene
few choices, especially when
scare. If the source is impure,
compared with what is
is anything safe?
available in Europe.
Cosmic rays pose risks for
frequent flyers.
43
44
MUSIC: Moscow
welcomes a
famous exile
After 16 years in America,
Mstislav Rostropovich hears
Midde
"wonderful words of
freedom" in his homeland as
his National Symphony
Orchestra WOWS Soviet
audiences.
PEOPLE: The Trumps'
70
gaudiest spectacle yet:
their marital split
Donald the dealmaker and Ivana,
ESSAY: Is the
his glittering Czechmate, are awash
world picking
in power and glitz. The collapse of
on Israel?
their marriage has to be like
Few countries have been as
everything else in their lives: flashy
and very public. As friends, lawyers
subjected to criticism as
Israel has for its treatment of
and publicists choose sides, the
tabloids and TV go into a frenzy,
the Palestinian uprising.
How fair is the attack? A
while rumors fly about infidelities
(his) and demands (hers) for a fair
double standard exposed.
share of the $1.7 billion fortune.
SYGMA
64
77
6 Letters
56 Milestones
62 Sport
72 Education
Cover:
45 Technology
59 Video
68 Cinema
Photograph by
56 Press
61 Fashion
71 Books
Jim Smeal-Ron Galella, Ltd.
3
February 26, 1990 : $2.00
A UNITED
GERMANY
THE NEW SUPERPOWER
09
18201
0
706285
8
Newsweek
Special Report
A united Germany: the new
superpower
16
Countdown to unification
22
New history for new Germans 22
The East's hollow society
26
"Kultur" bridges a canyon
28
Going for the gold
29
Goodbye, Pacific Century?
30
Germany: renewed but not
redeemed
34
National Affairs
The war of the Trumps
38
Politics and the pill
42
Selma's unfinished business
44
New pressures on Barry
44
Women politicos on the move 45
International
West German Chancellor Helmut Kohl greets East Germans in Dresden
South Africa: talking
about talks
46
Mandela the man, by
Germany United: The New Superpower
Nadine Gordimer
47
Nicaragua: voting on the
As Germany's rush to reunify won U.S., British, French and Soviet acquiescence
revolution
48
last week, the German people were saying, "We are somebody again." With 80
Business
million people, the united country will dwarf its European neighbors. Its
The downfall of Drexel
50
combined military will be the Continent's most formidable. And its export-driven
Perrier loses its fizz
53
economy will turn it into a global power once again. For victims of historic
Jane Bryant Quinn
54
German aggression, it is, to say the least, an unnerving spectacle. Is the new
Lifestyle
Germany a threat? Special Report: Page 16
Food: The zap generation
56
Sports: When Buster beat up
Godzilla
58
NEW YORK POST
DAILY NEWS
Television: New varieties of soap 60
War of the Trumps
Made pols about BEST Desold:
TRUMP THE WAR
Travel: Poor rich Aspen
60
The epic marriage of a sleazy decade fell
TVANA
The Mind: User-friendly therapy 61
SEX
noisily apart as billionaire Donald Trump
BETTER
The Arts
I'VE
walked out on his Czech-born wife,
EVER
DEAL'
Photography: Maverick's eye
62
Ivana. It was a classic scandal, with a
Books: A guide to Egypt's soul
64
HAD'
Mrs.
brands
Donald's
How not to write
blonde in the background and a battle
$25M
Movies: "Mountains of the
fraed
for millions looming in the courts, and it
Moon": Victorian adventure 65
Getting a bug to crawl
65
touched off a frenzy of tabloid headlines
"Revenge"
66
and lip-smacking TV footage. Nation: Page 38
Music: Rostropovich returns
66
Society
Drexel's Downfall
Ideas: Rediscovering
With stunning swiftness, Drexel
Malcolm X
68
Justice: How's your lawyer's
Burnham Lambert, the Wall Street
left jab?
70
investment bank that fueled the
Education: Berkeley opts
1980s takeover wars, filed for bank-
for diversity
71
Westmar's white knight
71
ruptcy last week. A few days later
the firm hardly existed. Drexel's un-
Departments
Periscope
4
doing: the collapse of junk bonds,
Letters
10
the weapon that transformed it into a
Perspectives
15
Massive layoffs: At Drexel in New York
Newsmakers
55
powerhouse. Business: Page 50
Transition
55
George F. Will
72
Letters to the Editor should be sent to Newsweek, 444 Madison Avenue, New York, N.Y. 10022, and subscription inquiries to NEWSWEEK, The
NEWSWEEK Building, Livingston, N.J. 07039. NEWSWEEK (ISSN 0028-9604). February 26, 1990, Volume CXV, No. 9, is published weekly, $41.08a
Cover: Illustration by Jean
year, by NEWSWEEK, Inc., 444 Madison Avenue, New York, N.Y. 10022. Second Class postage paid at New York, N.Y., and at additional
Tuttle.
mailing offices. POSTMASTERS: Sand address changes to NEWSWEEK, The NEWSWEEK Building, Livingston, N.J. 07039.
© 1990 NEWSWEEK, INC.: 444 MADISON AVENUE, NEW YORK, N.Y. 10022. ALL RIGHTS RESERVED.
NEWSWEEK FEBRUARY 26, 1990
3