May 29, 1993

Polish Government Is Ousted Poland's Government collapsed after it lost a vote of confidence over budget policies of the Prime Minister, but the President did not immediately accept her resignation. Page 3. A Cushion for Investors Stock options can provide a good night's sleep for investors who toss and turn when their portfolios zig and zag. Your Money, page 31. Clinton May Hire Reagan Aide President Clinton is considering appointing David Gergen, President Reagan's communications director, as a White House counselor. Page 6.

Tokyo has long ranked as the world's most outrageously expensive city. American tourists loved to go home with tales of street vendors selling muskmelons for $100 apiece. Now, with a surge in the yen that has shaken Japan for the last three months and driven the American dollar to historic lows, the outrageous has turned to the ridiculous for anyone brave enough to measure prices in dollars. So ridiculous that when President Clinton arrives here in five weeks for his first economic summit meeting, he won't have to summon a big-name hair stylist to Air Force One to run up a $200 tab. He can easily drop that much getting his hair styled in the Okura Hotel, where Presidents traditionally stay.

Rudolph W. Giuliani and Herman Badillo joined forces yesterday to run for Mayor and Comptroller of New York City in a Republican-Liberal alliance against Mayor David N. Dinkins, invoking the multiparty legacy of Fiorello H. La Guardia and kicking off a second straight competitive general election in one of the nation's most solidly Democratic strongholds. As he clutched a microphone atop a flatbed truck at East 116th Street and Lexington Avenue in East Harlem, Mr. Badillo, a Democrat and the elder statesman of the city's Hispanic politicians, said he was joining Mr. Giuliani, the Republican former Federal prosecutor, "to rebuild our great city, restoring it to a place where standards are applied and met." Unswayed by Embassy Offer Their partnership presaged not only a rerun of the 1989 election, which Mr. Dinkins won by just 2 percentage points, but perhaps the most complex mayoral race since John V. Lindsay's re-election as the Liberal Party candidate in a three-way race in 1969. They picked their spot deliberately: the landmark corner that La Guardia made famous 60 years ago in his "fusion" campaign against Tammany Hall, in a neighborhood that is now as predominantly Hispanic as it was then Italian and Jewish.

President Clinton went on the road to try to build enough momentum for his budget to clear the Senate. Supporters in places like St. Paul cheered him on, but with worried frowns. Articles, pages 6 and 7.

Shaleen Wadhwami and Hema Sakhrani met and fell in love at New York University, two successful children of immigrant families from India who seemed to have limitless futures. They planned to marry in July, a month before Mr. Wadhwami started medical school on a full scholarship, a courtship as well as budding careers that delighted their families and friends in the closely knit Indian communities of Queens and Long Island. One man did not share their joy. Chandran Nathan, the police said, had an obsession with Ms. Sakhrani. Late Wednesday night, the police said, he went to the door of Mr. Wadhwami's home in Manhasset, L.I., carrying a semiautomatic rifle and fired 20 bullets at the young man, killing him as his parents slept upstairs.