A Bear Amid the Bulls

Gorbachev gets a heavy dose at the cradle of capitalism

WHENEVER HE WANTS TO GAMBLE ON A FEW HOT stock tips, Mikhail Gorbachev can go to the source. Last week, when he visited the seat of American capitalism, employees of the New York Stock Exchange cheered lustily and gave him a gold- plated member badge. As he was feted in the boardroom, Gorby told members, "I'd like very much for you to establish good links with the Russian exchanges. I'll always remember there are bulls as well as bears," he added, "because we know a lot about bears."


Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!