Word: banker
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...most reassuring things was the rediscovery of a boundless first- name friendliness. In Los Angeles now his banker is Judy, his mortgage-loan officer Adam, and his used-auto dealer Gary. Restaurant tables are held under his first name, as are pizza orders. A TV skit conveys more documentary accuracy than comedy when it shows a couple sitting down in a restaurant and telling the waiter, "I'm Sheila, this is Bill. We're your customers this evening." Try that in Paris on that ornery waiter one is careful to call "Monsieur." In Paris the older generation -- not the younger...
...money and instant gratification. Notes Arnold Goldstein, director of the Center for Research on Aggression at Syracuse University: "We are a nation whose role models, Presidents and leaders on Wall Street have set a tone in the country -- 'I'm going to get mine.' " If the big-shot investment banker can take what he wants, often by illegal means, then a teenager may think he should be able to grab the spoils in the only way he knows how. Declares Harvard psychiatrist Robert Coles: "Our culture accentuates instinct instead of inhibiting...
Fears that the U.S. has lost its competitive edge go hand in hand with the uneasy feeling that America's standing as the leader of the free world has slipped. "America is scared to death of not being No. 1 any longer," says a foreign banker in Japan. Jagdish Bhagwati, a professor of economics at Columbia University, talks of the "diminished-giant syndrome." A committed free trader, Bhagwati warns that the impulse of declining empires is to throw around their diluted power with such potentially self-damaging measures as trade barriers...
...confidentiality provisions to thwart congressional scrutiny of alleged misconduct. Citing Section 6103, IRS officials have refused to turn over confidential files about the Jordache affair and other cases. "We are handicapped from doing the oversight job that Congress has determined we should do," says Barnard, a conservative former banker...
...automated environments." "We are inundated with information. The mind can't handle it all. The pace is so fast now, I sometimes feel like a gunfighter dodging bullets." In business especially, the world financial markets almost never close, so why should the heavy little eyes of an ambitious baby banker? "There is now a new supercomputer that operates at a trillionth of a second," says Robert Schrank, a management consultant in New York City. "What's a trillionth of a second? Time is being eaten up by all these new inventions. Even leisure is done on schedule. Golfing is done...