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- <text id=89TT0241>
- <title>
- Jan. 23, 1989: American Notes:New York
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1989
- Jan. 23, 1989 Barbara Bush:The Silver Fox
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- NATION, Page 29
- American Notes
- NEW YORK
- Giuliani for . . . Well, What?
- </hdr><body>
- <p> 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.
- </p>
-
- </body></article>
- </text>
-
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