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/ TIME: Almanac 1993 / TIME Almanac 1993.iso / time / 061190 / 0611005.000 < prev    next >
Unknown  |  1992-08-28  |  5.5 KB

open in: MacOS 8.1     |     Win98     |     DOS

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hex view
+--------+-------------------------+-------------------------+--------+--------+
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|00000d90| 68 20 41 74 6c 61 6e 74 | 61 2e 22 20 52 65 67 75 |h Atlant|a." Regu|
|00000da0| 6c 61 74 6f 72 79 20 6e | 65 67 6c 69 67 65 6e 63 |latory n|egligenc|
|00000db0| 65 20 69 6e 20 74 68 65 | 20 55 2e 53 2e 0d 0a 62 |e in the| U.S...b|
|00000dc0| 61 6e 6b 69 6e 67 20 69 | 6e 64 75 73 74 72 79 20 |anking i|ndustry |
|00000dd0| 77 61 73 20 63 6f 6d 6d | 6f 6e 20 64 75 72 69 6e |was comm|on durin|
|00000de0| 67 20 6d 75 63 68 20 6f | 66 20 74 68 65 20 70 61 |g much o|f the pa|
|00000df0| 73 74 20 64 65 63 61 64 | 65 2e 0d 0a 43 6f 6e 67 |st decad|e...Cong|
|00000e00| 72 65 73 73 69 6f 6e 61 | 6c 20 77 61 74 63 68 64 |ressiona|l watchd|
|00000e10| 6f 67 73 20 68 61 64 20 | 62 65 65 6e 20 63 6f 6d |ogs had |been com|
|00000e20| 70 6c 61 69 6e 69 6e 67 | 20 66 6f 72 20 74 68 72 |plaining| for thr|
|00000e30| 65 65 20 79 65 61 72 73 | 0d 0a 61 62 6f 75 74 20 |ee years|..about |
|00000e40| 72 65 70 6f 72 74 73 20 | 74 68 61 74 20 43 43 43 |reports |that CCC|
|00000e50| 20 63 72 65 64 69 74 73 | 20 77 65 72 65 20 6e 6f | credits| were no|
|00000e60| 74 20 63 61 72 65 66 75 | 6c 6c 79 20 73 75 70 65 |t carefu|lly supe|
|00000e70| 72 76 69 73 65 64 2e 0d | 0a 41 6e 64 20 74 68 65 |rvised..|.And the|
|00000e80| 20 52 65 61 67 61 6e 20 | 61 6e 64 20 42 75 73 68 | Reagan |and Bush|
|00000e90| 20 61 64 6d 69 6e 69 73 | 74 72 61 74 69 6f 6e 73 | adminis|trations|
|00000ea0| 20 63 6f 6e 73 69 73 74 | 65 6e 74 6c 79 20 74 75 | consist|ently tu|
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|00000ec0| 65 20 74 6f 20 49 72 61 | 71 27 73 20 70 75 72 73 |e to Ira|q's purs|
|00000ed0| 75 69 74 20 6f 66 20 6d | 69 73 73 69 6c 65 73 20 |uit of m|issiles |
|00000ee0| 61 6e 64 20 63 68 65 6d | 69 63 61 6c 20 77 65 61 |and chem|ical wea|
|00000ef0| 70 6f 6e 73 2e 0d 0a 53 | 61 79 73 20 57 2e 20 53 |pons...S|ays W. S|
|00000f00| 65 74 68 20 43 61 72 75 | 73 2c 20 61 20 6d 69 73 |eth Caru|s, a mis|
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|00000f30| 20 4e 61 76 61 6c 0d 0a | 57 61 72 20 43 6f 6c 6c | Naval..|War Coll|
|00000f40| 65 67 65 20 46 6f 75 6e | 64 61 74 69 6f 6e 3a 20 |ege Foun|dation: |
|00000f50| 22 54 68 65 20 55 2e 53 | 2e 20 63 6c 65 61 72 6c |"The U.S|. clearl|
|00000f60| 79 20 64 65 63 69 64 65 | 64 20 74 6f 20 68 65 6c |y decide|d to hel|
|00000f70| 70 20 49 72 61 71 0d 0a | 69 6e 20 69 74 73 20 66 |p Iraq..|in its f|
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|00000f90| 0d 0a 0d 0a 20 20 20 20 | 42 75 74 20 55 2e 53 2e |.... |But U.S.|
|00000fa0| 20 61 73 73 69 73 74 61 | 6e 63 65 20 61 70 70 61 | assista|nce appa|
|00000fb0| 72 65 6e 74 6c 79 20 64 | 69 64 20 6e 6f 74 20 65 |rently d|id not e|
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|00000fd0| 64 69 64 0d 0a 69 6e 20 | 31 39 38 38 2e 20 45 76 |did..in |1988. Ev|
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|00000ff0| 65 6e 74 69 61 6c 20 6d | 69 73 75 73 65 20 6f 66 |ential m|isuse of|
|00001000| 20 43 43 43 20 67 75 61 | 72 61 6e 74 65 65 73 20 | CCC gua|rantees |
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|00001020| 61 6e 64 20 64 65 73 70 | 69 74 65 20 49 72 61 71 |and desp|ite Iraq|
|00001030| 27 73 20 77 6f 72 73 65 | 6e 69 6e 67 20 66 69 6e |'s worse|ning fin|
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|00001050| 2c 0d 0a 74 68 65 20 42 | 75 73 68 20 41 64 6d 69 |,..the B|ush Admi|
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|00001080| 6c 20 24 35 30 30 20 6d | 69 6c 6c 69 6f 6e 0d 0a |l $500 m|illion..|
|00001090| 63 72 65 64 69 74 20 6c | 69 6e 65 20 66 6f 72 20 |credit l|ine for |
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|000010b0| 74 68 65 20 73 61 6d 65 | 20 43 43 43 20 70 72 6f |the same| CCC pro|
|000010c0| 67 72 61 6d 2e 20 4f 66 | 66 69 63 69 61 6c 73 0d |gram. Of|ficials.|
|000010d0| 0a 61 72 67 75 65 64 20 | 74 68 61 74 20 61 6e 79 |.argued |that any|
|000010e0| 20 70 72 65 76 69 6f 75 | 73 20 70 72 6f 62 6c 65 | previou|s proble|
|000010f0| 6d 73 20 69 6e 76 6f 6c | 76 69 6e 67 20 64 69 76 |ms invol|ving div|
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|00001130| 76 65 64 2e 0d 0a 0d 0a | 20 20 20 20 49 6e 20 73 |ved.....| In s|
|00001140| 70 69 74 65 20 6f 66 20 | 53 61 64 64 61 6d 27 73 |pite of |Saddam's|
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|000011f0| 0a 44 65 70 61 72 74 6d | 65 6e 74 20 68 61 73 20 |.Departm|ent has |
|00001200| 6e 6f 74 20 64 65 63 6c | 61 72 65 64 20 49 72 61 |not decl|ared Ira|
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|00001270| 20 6c 69 73 74 20 6f 66 | 20 69 74 65 6d 73 20 74 | list of| items t|
|00001280| 68 61 74 20 6d 69 67 68 | 74 20 68 61 76 65 20 6d |hat migh|t have m|
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|000012d0| 74 68 65 20 43 6f 6d 6d | 65 72 63 65 20 44 65 70 |the Comm|erce Dep|
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|00001300| 67 20 22 6f 6e 20 61 20 | 63 61 73 65 2d 62 79 2d |g "on a |case-by-|
|00001310| 63 61 73 65 20 62 61 73 | 69 73 22 20 36 33 0d 0a |case bas|is" 63..|
|00001320| 61 70 70 6c 69 63 61 74 | 69 6f 6e 73 20 66 6f 72 |applicat|ions for|
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|000013b0| 6d 69 73 73 69 6f 6e 20 | 62 79 20 41 6d 65 72 69 |mission |by Ameri|
|000013c0| 63 61 6e 20 66 69 72 6d | 73 20 74 6f 20 74 68 65 |can firm|s to the|
|000013d0| 20 4d 69 64 64 6c 65 0d | 0a 45 61 73 74 2c 20 62 | Middle.|.East, b|
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|000013f0| 61 74 69 6f 6e 27 73 20 | 73 74 61 6e 63 65 20 69 |ation's |stance i|
|00001400| 73 20 73 74 69 6c 6c 20 | 61 6d 62 69 76 61 6c 65 |s still |ambivale|
|00001410| 6e 74 2e 0d 0a 0d 0a 20 | 20 20 20 55 2e 53 2e 20 |nt..... | U.S. |
|00001420| 6f 66 66 69 63 69 61 6c | 73 20 63 6c 61 69 6d 20 |official|s claim |
|00001430| 74 68 61 74 20 69 74 20 | 69 73 20 62 65 74 74 65 |that it |is bette|
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|00001450| 6f 64 0d 0a 72 65 6c 61 | 74 69 6f 6e 73 20 77 69 |od..rela|tions wi|
|00001460| 74 68 20 49 72 61 71 20 | 74 68 61 6e 20 74 6f 20 |th Iraq |than to |
|00001470| 69 73 6f 6c 61 74 65 20 | 69 74 20 2d 2d 20 74 68 |isolate |it -- th|
|00001480| 65 20 73 61 6d 65 20 61 | 72 67 75 6d 65 6e 74 0d |e same a|rgument.|
|00001490| 0a 42 75 73 68 20 68 61 | 73 20 75 73 65 64 20 74 |.Bush ha|s used t|
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|000014c0| 68 2d 74 65 63 68 20 65 | 71 75 69 70 6d 65 6e 74 |h-tech e|quipment|
|000014d0| 0d 0a 74 6f 20 43 68 69 | 6e 61 2e 20 42 75 74 20 |..to Chi|na. But |
|000014e0| 49 72 61 71 20 69 73 20 | 66 61 72 20 6d 6f 72 65 |Iraq is |far more|
|000014f0| 20 75 6e 70 72 65 64 69 | 63 74 61 62 6c 65 20 61 | unpredi|ctable a|
|00001500| 6e 64 20 74 68 72 65 61 | 74 65 6e 69 6e 67 2e 0d |nd threa|tening..|
|00001510| 0a 54 68 72 6f 75 67 68 | 20 62 65 6e 69 67 6e 20 |.Through| benign |
|00001520| 6e 65 67 6c 65 63 74 20 | 6f 72 20 63 6f 6e 73 63 |neglect |or consc|
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|00001540| 68 69 6e 67 74 6f 6e 20 | 69 73 0d 0a 68 65 6c 70 |hington |is..help|
|00001550| 69 6e 67 20 74 6f 20 6d | 61 6b 65 20 69 74 20 70 |ing to m|ake it p|
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|00001580| 72 73 75 65 20 68 69 73 | 0d 0a 6f 77 6e 20 76 69 |rsue his|..own vi|
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|000015a0| 72 20 62 61 6c 61 6e 63 | 65 20 69 6e 20 74 68 65 |r balanc|e in the|
|000015b0| 20 4d 69 64 64 6c 65 20 | 45 61 73 74 20 2d 2d 20 | Middle |East -- |
|000015c0| 61 20 76 69 73 69 6f 6e | 0d 0a 64 69 73 74 69 6e |a vision|..distin|
|000015d0| 63 74 6c 79 20 63 6f 75 | 6e 74 65 72 20 74 6f 20 |ctly cou|nter to |
|000015e0| 55 2e 53 2e 20 69 6e 74 | 65 72 65 73 74 73 2e 0d |U.S. int|erests..|
|000015f0| 0a 0d 0a 0d 0a 0d 0a 0d | 0a 0d 0a 0d 0a 0d 0a 0d |........|........|
|00001600| 0a | |. | |
+--------+-------------------------+-------------------------+--------+--------+