Word: betweeners
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Dates: during 1990-1999
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For decades, few challenged the wisdom of separating risky underwriting activities from federally insured bank savings deposits. But by the 1970s the financial world had become more muddled. Merrill Lynch, for example, began to offer money-market accounts with a check-writing feature. As the lines between banks and brokers...
Among the certain winners are dealmakers like Weill and countless others who earn their living swimming in the deal flow. By tearing down barriers between banking, insurance and brokerage, Congress practically erected a billboard on Wall Street reading MORE SALAD DAYS AHEAD. Few financial companies will want to brave the...
The new bill is also about making financial-services firms in the U.S. big enough to compete with universal banks in Europe and Japan. Banks there have long been free from the kind of separation that has ruled in the U.S. since Senator Carter Glass and Representative Henry Steagall bonded...
This approach is even more egregious in New York, which renders a hard-core town as easy listening. Besides the trademark pans of photographs and prints, Ric Burns uses copious aerial shots of the city, glimmering, filled with butterscotchy light--but lifeless. Through seemingly Vaselined lenses, however, a picture emerges...
Your adolescent may tell you he knows it all, so next time you're driving him to band practice, ask what kids do at parties or what he thinks of sexual images he sees on TV or in movies. Talk to your daughter about friendship, love, sex and the spaces...