A Letter From the Publisher: Dec. 8, 1986

Though crises and breakneck news are part of a journalist's regular routine, each big story brings a unique quickening, a foretaste of the hard work and challenges ahead. As the biggest Washington story in years broke last week, much of TIME's Washington bureau staff gathered in Bureau Chief Strobe Talbott's office to watch Ronald Reagan announce that funds from Iranian arms sales had been diverted to the contra rebels in Nicaragua. Even as the President spoke, Talbott was on the line to Nation Editor Walter Isaacson, who was watching the disclosures with writers and editors in New York City. Among the...

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