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The political value of Abedi's connections to wealthy Middle Easterners was never more apparent than in the case of CenTrust Savings Bank of Miami. CenTrust, acquired by real estate developer David Paul in 1983 and now infamous as the S&L that spent its money on bathroom sinks made...

Author: /time Magazine | Title: Masters of Deceit | 4/1/1991 | See Source »

The greatest tensions may surround the children. While the troops were away, babies learned to walk, teenagers got their driver's licenses, and children may have developed habits that are distressing to the returning parent. The Navy, which flies teams of mental-health workers to ships coming back from the...

Author: /time Magazine | Title: After The Euphoria, a Letdown | 3/25/1991 | See Source »

This cap has made it virtually impossible for Harvard to issue tax-exempt bonds to help fund the construction of buildings, according to Harvard's Director for Governmental Relations Nan F. Nixon, who lobbies in Washington.

Author: By Gady A. Epstein and Erica L. Werner, S | Title: A 'Little Schmooze' Just Isn't Enough | 3/11/1991 | See Source »

The Arab-Israeli Conflict. Everyone agrees this is the No. 1 problem, the throbbing wound at the heart of the Middle East, which must be healed before the region can truly find peace. Expectations are high that the new bonds between the U.S. and moderate Arab states offer the best...

Author: /time Magazine | Title: The Future Now, Winning The Peace | 3/11/1991 | See Source »

It was the most heartening news that America's troubled big banks have had in years. In a bid to strengthen the flagging industry, Treasury Secretary Nicholas Brady last week urged Congress to sweep away laws that have limited bank activities since the Great Depression. Under his proposed reforms, banking...

Author: /time Magazine | Title: Unshackling The Troubled Banks | 2/18/1991 | See Source »

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