Word: browns
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Dates: during 1990-1999
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Although Saturday was senior day at Brown, it was Harvard that gave its seniors the best reward...
...many believe that the speculation is unwarranted. "This bill doesn't materially change the products or activities that banks are interested in getting into," says George Bicher, bank analyst at Deutsche Bank Alex. Brown (speaking of mergers). As a practical matter, Bicher notes, Glass-Steagall lost its teeth long ago. Exploiting loopholes and a remarkably tolerant Fed, banks and insurers and brokerages have been invading one another's turf for two decades. Still, some new combinations are inevitable. Says David Stumpf, senior bank analyst at A.G. Edwards: "We will see some consolidation among banks and insurance companies, with banks doing...
Glass-Steagall lost all its teeth this decade, starting in 1990 with a Fed decision allowing J.P. Morgan to begin underwriting securities. In 1997, Bankers Trust (now owned by Deutsche Bank) bought the investment bank Alex. Brown and officially married two businesses divided since the Depression. Meanwhile, banks had begun marketing annuities and mutual funds, and brokers had begun offering CDs and loans. Leaders in all corners had come to agree that Glass-Steagall was obsolete. They just couldn't compromise and find a solution...
...honey, let's grab the kids, fly to New York and catch that new musical The Dead!" Yet, oddly, a musicalized version of James Joyce's somber short story has been one of the most anticipated events of the off-Broadway season. A star-filled cast (Christopher Walken, Blair Brown, Sally Ann Howes) has perked up interest in what is either the most intriguing or the stupidest idea for a musical in years...
Despite some sweet moments and sincere performances, the show fails to register. One problem is that adapter Richard Nelson has moved the pivot of the story--a song that stirs memories in Gabriel's wife (Brown) of a long-dead boy who once loved her--to earlier in the evening, thus throwing off the rhythm of the piece. (Another change: she sings the song rather than hears it.) What's more, Walken seems blandly disengaged as Gabriel, missing the psychological tension, singing indifferently and barely hinting at an Irish accent. Walken used to be a Broadway dancer, but here...