December 9, 1988

LEAD: The Reagan Administration moved today to ease the bottleneck on Soviet emigration to the United States, but some Congressional critics and American Jewish groups said the steps were inadequate.

LEAD: MARKETS A Federal grand jury indicted a former director of the Federal Reserve Bank of New York on charges of insider trading. Robert A. Rough was accused of leaking confidential information on interest-rate policy. He resigned from the Fed in 1984. [ Page A1. ] S. G. (Rudy) Ruderman pleaded guilty to engaging in an illegal insider-trading scheme.

LEAD: Earlier this year in a drab-looking building 25 miles from Seoul, the Samsung Corporation began mass-producing what most of the American electronics industry has abandoned: one-megabit chips, computer memory devices storing more than a million pieces of data.

LEAD: A General Services Administration appeals panel ruled yesterday that the Navy had violated Federal procurement laws in writing unfair specifications for a major computer contract that appear to favor the International Business Machines Corporation.

LEAD: Hedda Nussbaum, it seemed, was everywhere in New York this week. And everywhere, people were drawn to her story. Why are we so fascinated? Quite simply, people wonder what separates her from them. Her very ordinariness, experts in human behavior say, is the attraction, a reminder that even a life with all the trimmings of stability can slide into disarray.