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...banks thus become obsolete? The answer is that they still have a role to play, but a far smaller one, since they are no longer the only game in town. Beset with an overhang of poor-quality loans from the 1980s and new challenges in all the bread-and-butter businesses, banks have lost their financial edge -- and then some. "The nonbank companies have smelled blood in the banking system, and they have moved in to gain market share," says Edward Yardeni, chief economist for the Wall Street firm C.J. Lawrence. "To survive, the banks are going to have...

Author: /time Magazine | Title: Do We Really Need Banks Anymore? | 7/15/1991 | See Source »

...then we lost food. First they took the red meat, the white bread and the Chocolate Decadence desserts. Then they came for the pink meat, the cheese, the butter, the tropical oils and, of course, the whipped cream. Finally, they wanted all protein abolished, all fat and uncomplex carbohydrates, leaving us with broccoli and Metamucil. Everything else, as we know, is transformed by our treacherous bodies into insidious, slow-acting toxins...

Author: /time Magazine | Title: Essay: Why Don't We Like The Human Body? | 7/1/1991 | See Source »

...providing for other mechanisms, including media dissent, that allow a safety valve for the expression of discontent without shooting those in power. I realize they have very pressing economic and other problems. But I've never known a society in the history of the world where the quest for bread and the quest for freedom were necessarily in conflict with the quest for some type of economic stability. In most countries, at the most basic level, ordinary people want both. People cannot afford not to have a democracy. It is not a luxury, it's a necessity...

Author: /time Magazine | Title: A Doctor for Young Democracies: ALLEN WEINSTEIN | 6/10/1991 | See Source »

From the bridge, she fed hungry ducks with pieces of bread. She favored the small ones, tossing pieces in their direction. From that vantage point, she could also see her main nemesis as a reporter--the Harvard Business School...

Author: NO WRITER ATTRIBUTED | Title: In Memoriam | 5/10/1991 | See Source »

...Sheba, hippies have suffered from increased police harassment. In December, Sheba said the police instructed all of the business in the Square to stop giving their leftovers to hippies. Until that time, Sheba said he regularly collected food and distributed on the Common as part of a group called Bread and Jams...

Author: By Mark N. Templeton, | Title: Love Is in the Air . . . | 5/10/1991 | See Source »

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