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- <text id=93TT0435>
- <title>
- Nov. 01, 1993: To Our Readers
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1993
- Nov. 01, 1993 Howard Stern & Rush Limbaugh
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- To Our Readers, Page 4
- </hdr>
- <body>
- <p> What does it take to be the national economic correspondent
- for TIME? Perspective, stellar sources and, of course, a fascination
- for all things financial. But Adam Zagorin brings much more
- to the position. For the past 15 years, Zagorin has ranged the
- globe following money trails from Brussels to Beirut to Kinshasa
- and back again. Now he is casting his trenchant eye on the U.S.
- economy from a ringside seat in Washington. "I have always been
- interested in money," Adam explains, then laughs at how that
- might be misunderstood. "Or rather, in the uses of money in
- politics." In 1980 he wrote an article for Foreign Policy saying,
- with unfortunate prescience, that vested interests in economic
- gridlock in Lebanon would preclude any unity there for a decade.
- Now, after eight years as our European economic correspondent,
- Adam is back, he says, "to see if our own very different brand
- of gridlock will prevail here."
- </p>
- <p> Being away for much of his career has given Zagorin a clear-eyed
- detachment about Washington matters. His article in this week's
- TIME provides a snapshot of the U.S. economy 10 months after
- President Clinton took office. "Clinton won with a sign posted
- in his campaign headquarters that said, IT'S THE ECONOMY, STUPID!"
- Adam notes. "So we have to evaluate his performance in that
- light." Senior editor Sam Gwynne, who vacated the job Zagorin
- now occupies to manage TIME's business and economics coverage,
- says his successor "approaches the job so differently that the
- story ideas he comes up with feel fresh even to me. He's also
- much funnier than I am--he sees the world as a much more amusing
- place." Gwynne first became a fan during coverage of the B.C.C.I.
- scandal. "We wanted to speak to a former employee, but we gave
- Adam the wrong name and the wrong new employer. He not only
- found the man, he persuaded him to talk. Then when we wanted
- to reach an Arab source, one of the world's richest men, it
- took Adam just two phone calls to get through."
- </p>
- <p> A Columbia University graduate, Adam has a master's in international
- relations and another in Arabic, a language he practiced by
- sitting for months in Cairo mosques talking to Muslim fundamentalists.
- Part of his reason for returning to the U.S. was to root his
- sons, Edmund, 5, and Oliver, 2, in U.S. culture and reconnect
- them to their extended family. Their mother is journalist Mary
- Carpenter, with whom Adam once collaborated on a story about
- Monaco's royal family--centered, predictably, on its finances.
- </p>
- <p> Elizabeth Valk Long
- </p>
- <p> Publisher
- </p>
-
- </body>
- </article>
- </text>
-
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