Vol. 130 No. 4

NATION

American Notes AIR FORCE
The Stealth's Soaring Costs

American Notes JUSTICE
Conflicts of Interest

American Notes LOS ANGELES
A Ratlord In His Roost

American Notes POLITICS
Solace for an Adversary

American Notes REPUBLICANS
Not Quite So Grand

But Was It a Crime?
North and Poindexter may soon face charges

Congress Goes Home Again
In Philadelphia, the legislature celebrates its conception

It Ain't Over Till It's Over
North's pleas have given new impetus to contra-funding efforts

Passing The Buck
How the President's men attempted to evade accountability

Secret Sharers
How much does Congress leak?

The Admiral Takes the Hit
Poindexter says he never told Reagan about the diversion of arms profits

The Duke of Economic Uplift
Mike Dukakis has a governing passion

WORLD

Capitalism On Kropotkinskaya Street

Can He Bring It Off?
Slowly, tentatively, a rigid society awakes to the chilly dawn of reform

Refugees We Say Hello
Washed up on Canada's shore

Taiwan Thirty-Eight Years Later . . .
Taipei finally gets around to lifting martial law

The Gorbachev Era
A determined and energetic leader pushes the Soviet Union toward a second revolution

The Gulf Showdown on Embassy Row
France and Iran sever ties, but the threats continue

Will The Cold War Fade Away?
Moscow's "new thinking" could radically alter the superpower rivalry, but . . .

World Notes CHINA
The High Price Of Mercy

World Notes DISASTERS
Nature Takes Her Revenge

World Notes PAKISTAN
Thou Shalt Not Proliferate

World Notes SOUTH AFRICA
Half Now, Half Later

World Notes SOUTH KOREA
Lots of Kims, But No Kin

HEALTH & MEDICINE

Fancy Is as Fancy Does (Food)
New taste fashions for the gourmet trade

Solution For Soggy Cereal (Food)

SOCIETY

"Time Bombs on Legs" (Behavior)
Violence-prone owners are turning pit bulls into killers

PRESS

Some Hits, Some Runs, One Error
Max Frankel is taking command at the New York Times

TECHNOLOGY

Games That Grownups Play (Computers)
Business machines loosen up and have a bit of fun

ALSO IN THIS ISSUE

Time (Contents)
Magazine contents page JULY 27, 1987 Vol. 130 No. 4

Time (Masthead)
Magazine Masthead JULY 27, 1987 Vol. 130 No. 4

BUSINESS

A Case of Delta Blues (Economy & Business)
Probing an airline's errors

Biggest Little Brokerage (Economy & Business)

Business Notes AUCTIONS (Economy & Business)
What Am I Bid For This Mall?

Business Notes BROADCASTING CBS (Economy & Business)
Erases Its Place in Print

Business Notes EMPLOYEE RELATIONS (Economy & Business)
Color Them Embarrassed

Business Notes PERSONAL FINANCE (Economy & Business)
$412,000 Hole In His Pocket

Business Notes TAXES (Economy & Business)
Turn Over That Piggy Bank!

Jaws: The Australian (Economy & Business)
A raider closes in on Texaco

Riding The Wild Bull (Economy & Business)
Individual investors learn how to play a volatile market and win

The Store That Runs on a Wrench (Economy & Business)
An invader from Scandinavia creates a build-it-yourself empire

LAW

Casting A Net at Green River
A serial-murder manhunt remains a study in frustration

Parsing A Sentence

ARTS & ENTERTAINMENT

Bolshoi Lords Aleaping (Dance)
But questions arise about the company's balance

How Artists Respond to AIDS (Show Business)
Commemorating its victims with benefits, new works and quiet heroism

Summer Reading (Books)
A seasonal fiesta of fiction for hammock, porch and beach

The Soul of a Blue Machine ROBOCOP (Cinema)
Directed by Paul Verhoeven Screenplay by Edward Neumeier and Michael Miner

MILESTONES

Milestones

Milestones

Milestones

Milestones

Milestones

Milestones

Milestones

PEOPLE

People

People

People

People

TO OUR READERS

A Letter From the Publisher (A Letter From The Publisher)

LETTERS

Broken Date

Brotherly Embrace

Cremating A Guru

Historic Charter

Lack Of Suspicion

Metric Measure

Those Ill-Served

ESSAY

Essay