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Ameral said the Corporation presently holds certificates of deposit (short term bonds) in five national banks: $17 million worth in Chemical Bank of N.Y.; $13.5 million in Citibank of N.Y.; $2 million in Continental Illinois; $11 million in Manufacturers Hannover; and $5 million in Wells Fargo Bank of San Francisco...

Author: By Alexandra D. Korry, | Title: Corporation Will Report Status of S. Africa Policy | 11/4/1978 | See Source »

Although Gaullists and Communists join forces to vote no, a narrow majority in the National Assembly approves Rocard's request to rule by decree for six months. Drastic reforms are instituted almost instantly. Rocard does not nationalize vast sectors of industry, as the 1972 Socialist-Communist "common program" calls...

Author: /time Magazine | Title: FRANCE: The Revolution of 1980 | 10/30/1978 | See Source »

While we talked, a quarterback named Jeb Blount was brought in to meet Wilkinson. A free agent, Blount was being given a tryout (which he flunked) to become Steve Pisarkiewicz's backup. The 24-year-old Blount was obviously impressed by meeting Wilkinson. When Blount left, Bud recalled that...

Author: /time Magazine | Title: Sport: Testing the Velvet Hammer | 10/30/1978 | See Source »

First the upper chamber voted a $4.5 billion reduction to offset the increased Social Security taxes. Then it tacked on an array of special-interest freebies. New York Democrat Daniel Moynihan proposed that the New York State Power Authority be allowed to issue tax-exempt bonds. It passed. Russell Long...

Author: /time Magazine | Title: Nation: Congress Gets the Antitax Message | 10/23/1978 | See Source »

They are wrong, of course, but Duryea won't tell them that. In fact, for several months now, the Republican has been quietly taking a man-sized chunk of credit for the last-minute, spit-and-chicken-wire debt refinancing agreement that was the first step out of New York...

Author: By Francis J. Connolly, | Title: A New York State of Mind | 10/20/1978 | See Source »

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