Time Magazine Contents PageVol. 132 No. 22 NOVEMBER 28, 1988

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COVER: Was John Connally the real target in the Kennedy assassination?

Excerpts from a forthcoming book suggest that Lee Harvey Oswald, angry at the downgrading of his Marine discharge, was out to get the Governor of Texas, not J. F. K. -- Twenty- five years after the assassination, the trendy conspiracy theory is that the Mafia used Oswald to stop the Kennedy brothers' war on crime. -- Hugh Sidey recalls the shattering day that started with cheers and ended in mourning.

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NATION: The markets read George Bush' s lips and send him a message: there' ll be no honeymoon

As the dollar drops and the Dow plunges, the President- elect begins to assemble a team that he hopes can stop the slide. -- Nine sub- Cabinet jobs that will make a real difference on trade, foreign policy and the environment. -- Louisiana' s Bennett Johnston, a leading contender for Senate majority leader, says Bush' s economic plan is "absolute nonsense."

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WORLD: Nationalist movements in the Baltic republics and Armenia pose dramatic challenges for the Soviet Union

In Estonia, advocates of increased local autonomy risk a collision with Moscow over the limits of mutual sovereignty. In Armenia, anger continues to rise over the status of the ethnic minority in Azerbaijan. -- Benazir Bhutto wins the vote, but will she get to govern Pakistan? -- P. L. O. Chairman Yasser Arafat declares a Palestinian state in the West Bank.

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BUSINESS: Shocks from a California insurance quake

Voters who approved a rollback in auto premiums may inspire a wider revolt. -- Why Ross Johnson' s overreaching grab for RJR Nabisco infuriates his board of directors.

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PROFILE: A global media merchant expands his empire

To critics, billionaire publishing baron Robert Maxwell is a capricious, blustering egotist. He is also a cunning entrepreneur who has added Macmillan to his growing U. S. stake.

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TRAVEL: Death to discounts, say the airlines

Flush with success and growing demand, the major carriers raise their most . popular discount fares. Business travelers took the first hit, but vacationers will suffer as well.

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PRESS: Who' s in charge of American newsrooms?

Stormy resignations in Atlanta and Boston raise concerns that the traditional division between a newspaper' s business and editorial departments is beginning to blur.

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CINEMA: Dickens' novels inspire three new films

His works can fit any format: modern comedy (Bill Murray in Scrooged), musical cartoon (the Disney gang' s Oliver & Company) or period piece (Christine Edzard' s daunting six hours of Little Dorrit).

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HEALTH: Breaking the "can' t do" barrier

With high spirits and high technology, the disabled are proving that they can succeed at virtually every sport, from cycling and scuba diving to rock climbing and rafting.

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FOOD: Americans can be thankful for a cornucopia of new and tempting cookbooks