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TIME: Almanac 1995
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TIME Almanac 1995.iso
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1994-03-25
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<text id=90TT0033>
<title>
Jan. 01, 1990: Ethics:Most Of The Decade
</title>
<history>
TIME--The Weekly Newsmagazine--1989
Jan. 01, 1990 Man Of The Decade:Mikhail Gorbachev
</history>
<article>
<source>Time Magazine</source>
<hdr>
ETHICS, Page 90
MOST OF THE DECADE
</hdr>
<body>
<p> Snappiest Salute. American political morality divided along
the Oliver North fault line. While his superiors nodded
approval, the rogue Marine lieutenant colonel diverted proceeds
from arms sold to the Iranians to aid the contras and then lied
to Congress. The resulting furor produced hearings, headlines
and Ollie dolls. In the end, the colonel paid a fine of $150,000
and put in 1,200 hours of community service. Parade rest!
</p>
<p> Most Brazen Fake. Hitler fans got an unexpected thrill when
the German magazine Stern claimed to have uncovered the
Fuhrer's secret diaries. At first historians, including Hugh
Trevor-Roper (The Last Days of Hitler), authenticated the
volumes, and several well-known publications goose-stepped
along. But German and other experts soon concluded that the
diaries were audacious forgeries.
</p>
<p> Best Monopoly Game. The scandal of the homeless was hardly
alleviated by the Department of Housing and Urban Development,
where Secretary "Silent Sam" Pierce and his minions took care
of the greedy and ignored the needy. Well-connected
consultants, developers and mortgage companies collected
hundreds of millions of dollars--real ones--in building
contracts and foreclosure sales for low-income housing. They did
not pass GO, or go to jail--yet.
</p>
<p> Biggest Bottom Line. Pentagon procurement officers gave a
new meaning to the term royal flush. They paid a vendor $600
apiece for airplane toilet-seat covers that should have cost
about $25. Other examples of military largesse: a $7,622 coffee
machine, a $400 hammer and a $659.53 ashtray.
</p>
<p> Sheikest Sting. In a 1980 operation called Abscam, FBI
agents posing as wealthy Arabs pretended to be buying
Government influence. The operatives filmed several dozen
officials happily accepting bribes. Captured in livid
black-and-white were a Senator and six Congressmen. In all, four
legislators were sent to federal prison. Among the biggest fish
hooked was New Jersey Senator Harrison ("Pete") Williams.
</p>
<p> Most Unsportsmanlike Sportsmen. Strong of limb and yellow
of eye, Canadian sprinter Ben Johnson lost his 1988 Olympic gold
medal and his unofficial title as the world's fastest human
being for using steroids. Carl Lewis, who won four gold medals
in Los Angeles, now holds the record. Pete Rose, possibly the
last living man to sport a Beatles haircut, was banned for life
from the game he loves for betting on contests involving his own
team. (He can apply for reinstatement in 1990.) The former
Cincinnati Reds manager, who set the major league record for
most career hits (4,192), admitted that he had a gambling
problem. "I'm kinda lucky," said Rose. "I still have a good
financial statement..."
</p>
<p> First Abdication. Crowned in 1983 as the first black Miss
America, Vanessa Williams became the first to relinquish the
title in disgrace. Raunchy pictures of her had appeared in
Penthouse, tarnishing the pageant's prim image. Williams was
forced off the throne but was allowed to keep some $125,000
earned from her (fully clothed) public appearances.
</p>
<p> Dirtiest Dealer. He was Wall Street's advance man of the
greed decade. Slick securities speculator Ivan Boesky made
millions with investors' money. The inside trader paid a record
$100 million to settle civil charges for his high jinks and
later was sentenced to three years in a federal prison. When he
was recently released on a furlough, he emerged sporting a
ragged Howard Hughes-style beard.
</p>
<p> Most Prurient Preachers. Holy Hypocrisy! America's first
televangelist Jim Bakker paid some $265,000 to cover up a
sexual misadventure. Later he was convicted of misspending
millions of followers' dollars. Rival preacher Jimmy Swaggart
called the Bakker scandal a cancer. That was before Swaggart was
photographed visiting a prostitute named Debra Murphree.
According to Murphree, he was "kind of perverted...I
wouldn't want him around my children."
</p>
<p> Gamiest Campaign. A lot of politicians monkey around, but
Gary Hart lost his cool, his credibility and his candidacy in
the 1988 U.S. presidential race after his dalliance with model
Donna Rice on a yacht called Monkey Business."I've made some
mistakes," Hart conceded. "Maybe big mistakes, but not bad
mistakes." Said Rice: "Everybody's got some old bones in their
closet, and now mine are out."
</p>
</body>
</article>
</text>