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...services recently prompted the U.S. Export-Import Bank, which is providing much of the financing for the project, to ask the Justice Department to determine whether Westinghouse made improper payments to a foreign business agent. Troubled by an embarrassing international scandal, President Marcos last week told TIME Correspondent Richard Bernstein: "Westinghouse has some things to explain to our government. If there has been anything illegal committed by Westinghouse, our lawyers are considering canceling the contract with Westinghouse and giving it to somebody else...

Author: /time Magazine | Title: THE PHILIPPINES: Tales from Disiniland | 1/23/1978 | See Source »

...Arts presents a Faculty Recital with harpsichord works by Bach, Sarlatti and Rameau. The concert is on Friday, January 20, at 855 Commonwealth Ave., Boston. Call 353-3345 for more information. The School also presents concert of "Music of the 20th Century" on January 31, with works of Bernstein, Babitt and others...

Author: By Richard Kreindler, | Title: Here To Fray, Gone Tomorrow | 1/12/1978 | See Source »

...hate comes from a sense of injury as brokers contrast the current blah market with stocks in the Soaring Sixties. Then issues selling at 50, 60 and even 100 times earnings were not uncommon. Now many are going for ultralow prices of six, seven or eight times earnings. Bernstein, writing in November's Institutional Investor, a trade magazine, goes on to say that the experience of investors during the past decade "has probably been the worst in this century -and perhaps the worst in stock market history." Worse than the 1930s? Yes, says Bernstein, when inflation is cranked...

Author: /time Magazine | Title: Business: Wall Street: Bad News Is No News | 12/19/1977 | See Source »

...industrial stocks closed at 1004, its year-end record. By the final bell last week, the widely watched indicator had dropped 19%, to 815. The mood on Wall Street, among the brokers and traders whose heartbeat is the daily ticker, has turned from despair to anger. Says Peter L. Bernstein, an economist-consultant to large institutional investors: "We hate stocks, we hate ourselves and our customers hate...

Author: /time Magazine | Title: Business: Wall Street: Bad News Is No News | 12/19/1977 | See Source »

...people who came to the meeting were energetic and expressed a willingness to devote time to the group's future activities," Bernstein said...

Author: NO WRITER ATTRIBUTED | Title: Students Organize To Oppose Spread Of Nuclear Power | 12/7/1977 | See Source »

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