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After earning a law degree from Harvard, Seidman returned to his native Michigan and got an M.B.A. at Ann Arbor. One focal point of youthful idealism in those days was Michigan's Governor George Romney, so Seidman served as his special assistant for financial affairs. After doing a turn in the family's accounting firm of Seidman & Seidman, he moved to Washington as President Ford's chief economic adviser. With the coming of Jimmy Carter, Seidman went back into business as vice chairman of the Phelps Dodge mining company, then headed the business school of Arizona State University at Tempe...

Author: /time Magazine | Title: Special Report: Crisis in Banking: The Trail Boss of the Bailout | 1/21/1991 | See Source »

...mastectomy in order to prevent breast cancer smacks of wild paranoia. But for Maria Burkhardt of Covington, La., the unthinkable slowly became the inevitable. Twenty years ago, an aunt was stricken with the disease. Her mother died from it a decade later. In 1986 Maria's younger sister Jo Ann began fighting for her life. Next her older sister Rose developed an aggressive tumor. Maria consulted a doctor and was told she was "a ticking time bomb." Ominously, her tissues were judged too dense for mammograms to scan reliably...

Author: /time Magazine | Title: Tantalizing Clues to a Lethal Legacy | 1/14/1991 | See Source »

Washington: Stanley W. Cloud, Laurence I. Barrett, Ann Blackman, Gisela Bolte, Ricardo Chavira, Jerome Cramer, Michael Duffy, Glenn Garelik, Dan Goodgame, Ted Gup, Richard Hornik, Julie Johnson, J.F.O. McAllister, Jay Peterzell, Michael Riley, Elaine Shannon, Dick Thompson, Nancy Traver New York: Joelle Attinger, Carl Bernstein, Martha Smilgis, Naushad S. Mehta Boston: Robert Ajemian, Sam Allis, Melissa Ludtke Chicago: Gavin Scott, Barbara Dolan, Elizabeth Taylor Detroit: S.C. Gwynne Atlanta: Joseph J. Kane, Don Winbush Houston: Richard Woodbury Miami: Cathy Booth Los Angeles: Jordan Bonfante, Jonathan Beaty, Scott Brown, Jeanne McDowell, Sylvester Monroe, James Willwerth San Francisco: Paul A. Witteman...

Author: /time Magazine | Title: Time Magazine Masthead JANUARY 14, 1991 | 1/14/1991 | See Source »

Administration: Susan Lynd, David Richardson, Clementina Allured, Hope Almash, Melissa August, Donald N. Collins, Joan A. Connelly, Ann V. King, Anne D. Moffett, Judith R. Stoler News Desks: Breena Clarke, Brian Doyle, Waits L. May III, Susanna M. Schrobsdorff, Pamela H. Thompson, Diana Tollerson, Joanne Waugh, Ann Drury Wellford, Mary Wormley...

Author: /time Magazine | Title: Time Magazine Masthead JANUARY 14, 1991 | 1/14/1991 | See Source »

Then there's the "if you can't beat 'em join 'em" approach. Sears and J.C. Penney have placed catalog outlet stores at the new discount malls. Upscale Ann Taylor has two clearance centers at megamalls. Even Saks opened its first outlet in Philadelphia's Franklin Mills. "Like it or not, it's the wave of the future," says Sid Mayer, Saks' senior vice president of merchandise liquidation. "Traditional department stores were in trouble anyhow. Discount malls are a necessary evil...

Author: /time Magazine | Title: The Price Is Always Right | 12/17/1990 | See Source »

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