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...Bruce Bent and Henry Brown, renegades from the insurance industry, come to Wall Street and invent the money-market fund in 1970. Jim Benham, a California < broker, has the same idea simultaneously. It takes the SEC two years to approve this...

Author: /time Magazine | Title: On the Money: Let My Dollars Go! | 9/19/1994 | See Source »

...people bent themselves inside out and backwards at great inconvenience to a lot of established groups," the dean said. "We thought it would have been kind of fun. We're sorry in the end that he's not coming...

Author: By Elizabeth T. Bangs, | Title: Redford Cancels Screening | 9/12/1994 | See Source »

...truly bent on personal revenge, you do have some avenues to pursue. The annual guide produced by the Committee on Undergraduate Education (CUE) provides the easiest, most anonymous retorts. The "I" on a scale from 1 to 5 can be a mighty weapon, dragging down averages with ease. The utmost punishment consists of telling your classmates to avoid the teacher in question at all costs. After all, the true reward in teaching derives from having intelligent and earnest students...

Author: By Daniel Altman, | Title: Stand Behind the White Line | 9/12/1994 | See Source »

...hours after Carlos was placed in French custody, Khartoum officials trumpeted their cooperation and called on the U.S. to remove Sudan from its blacklist of terrorist-sponsori ng nations. Unimpressed, Washington demurred. Carlos, it seemed, was no longer much of a catch. With communism discredited and the Middle East bent on peace, his revolutionary credentials had outlived their usefulness. His penchant for whiskey, women and penthouse suites had earned him a reputation for being more trouble than he was worth...

Author: /time Magazine | Title: Carlos Caged | 8/29/1994 | See Source »

...pioneering male-and-female group. Coed bands usually avoid cartoonish, bombastic sexuality except to ridicule it. Their songs often seek to understand the differences between the genders, and they are often painfully self-critical. Lyrics to Frente!'s Labour of Love go, "I don't know how I bent/ What you said to what I believe you meant." Says N'Dea Davenport, singer-songwriter with the R.-and-B. band Brand New Heavies: "Especially when a song is dealing with relationships, it turns out much better when both sexes are involved in creating...

Author: /time Magazine | Title: MUSIC: Rock Goes Coed | 8/8/1994 | See Source »

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