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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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time
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012389
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01238900.041
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1990-09-17
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NATION, Page 29American NotesNEW YORKGiuliani for . . . Well, What?
Cheers rang out over the Beverly Hills junk-bond trading floor
of Drexel Burnham Lambert at the news coming over the brokerage
firm's wire. Jubilation also reigned among most New York
Republicans, and quite probably in Mafia hangouts as well. Rudolph
Giuliani, famed prosecutor of Wall Street manipulators (Drexel,
Ivan Boesky), mobsters (the Colombo family) and corrupt politicians
(former Bronx Democratic leader Stanley Friedman), announced that
after 5 1/2 years as U.S. Attorney for the Southern District of New
York, he would resign at month's end. Gotham Republicans, a tiny
band of inveterate losers, delightedly anticipated being able this
fall to field a candidate for mayor who might actually have a
chance. Giuliani coyly remarked that "I have not shut the door on
the possibility," and incumbent Edward I. Koch, who has been hurt
by Giuliani's prosecutions of corrupt henchmen, allowed that the
44-year-old prosecutor would be a "very formidable candidate."
Alternatively, the politically untested Giuliani might elect to
follow in the footsteps of crime buster Thomas Dewey a half-century
ago and run for Governor against Democrat Mario Cuomo next year.