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Companies are going into bankruptcy court and asking for protection from their creditors at the rate of about 500 every week. By the end of September, 18,572 companies had already filed for bankruptcy, more than in all of 1981. Wall Street's Dun & Bradstreet predicts that the number of corporate and commercial failures will approach 24,000 by the end of the year...

Author: /time Magazine | Title: The Growing Bankruptcy Brigade | 10/18/1982 | See Source »

James H. Evans, 61. The son of a Kentucky Baptist preacher, Evans has been law clerk to former Supreme Court Chief Justice Fred M. Vinson, financial vice president of Dun & Bradstreet and president of New York's Seamen's Bank for Savings. As chairman of the Union Pacific Corp., he rules an empire encompassing the U.S.'s eighth largest railroad, oil and gas operations, uranium and coal mines and 1 million acres of real estate. Like Brophy, Evans argues that reducing the business tax burden is crucial to boosting America's sagging productivity. Says he: "People...

Author: /time Magazine | Title: New Voices for a New Era | 4/13/1981 | See Source »

Many businessmen who cannot survive the high interest rates end up in bankruptcy. Dun & Bradstreet reports that there were 11,782 bankruptcies in 1980, in contrast with 7,757 in 1979. Small business is suffering especially hard. Last year, for example, 1,600 auto dealers had to close up shop because they were squeezed between high interest rates and low sales. Many people starting new companies are being forced to retrench. Don Middleberg, who is chairman of his own New York advertising and public relations firm, put off the purchase of a badly needed $16,000 word processor last month...

Author: /time Magazine | Title: An American Nightmare | 1/19/1981 | See Source »

...first important American poet was a woman: Anne Bradstreet (1612-1672), who produced remarkable poems in addition to eight children. Her publisher billed her as "The Tenth Muse Lately Sprung Up in America," but she herself made clear the cost of attaining that exalted title...

Author: /time Magazine | Title: Books: A Room of Their Own | 12/22/1980 | See Source »

...spite of Bradstreet's achievements, she scarcely rates a sentence in Louis Untermeyer's 757-page Lives of the Poets: The Story of One Thousand Years of English and American Poetry. The magisterial Norton Anthology of Poetry carries 19 women out of the 200 poets represented by name and The New Oxford Book of American Verse, twelve out of 77. This anthology redresses the balance. Say the editors: "The one art in which women have always excelled is poetry." The question of whether there exists a common female culture and sensibility, as postulated by Poet Adrienne Rich...

Author: /time Magazine | Title: Books: A Room of Their Own | 12/22/1980 | See Source »

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