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...fund; 55 loans were classified as "uncollectible" and 26 were in outright default. A generous proportion of the loans was granted on especially favorable terms, with minimal payments for years and a big 'balloon" upon termination. On one $4.8 million loan to a fund asset manager, Alexander Butcher, repayment of $4.2 million is deferred until...

Author: /time Magazine | Title: INVESTMENT: Equitable Alchemy | 7/11/1977 | See Source »

...friends, will be pitted against each other in Boston's new Back Bay-Beacon Hill district: Elaine Noble, 33, the first avowed lesbian in a state assembly, and Barney Frank, 37, a colorful and outspoken leader of the party's liberal wing. Outraged incumbents called Keverian a "butcher" and a "stooge." Keverian conceded that his plan involved not so much punishing dissidents as remembering loyalists, but defended it as a fair...

Author: /time Magazine | Title: STATES: Adopting an Orphan | 5/30/1977 | See Source »

Then Nixon went on to say that he had botched some things terribly, but foremost...and then he quoted Gladstone, to the effect that a good Prime Minister had to be a good butcher. "I," he related, his voice low, "was not a good butcher." And Nixon, the man with the sense of destiny, who wanted to be remembered, had no sense of the irony of his statement--a statement made, insanely, inconceivably, on the seventh anniversary of the Kent State murders...

Author: By Joseph Dalton, | Title: Three More Weeks | 5/9/1977 | See Source »

...aura of political and technological complexity about this film, it still appears that Lindsay-Hogg and Enders used a butcher's knife to chop Spark's novel to pieces. Maybe Nixon should have gotten his hands on this film and erased is most tedious segments. Even if he only managed to cut out eight-and-a-half minutes, he would have saved a few souls from some of the unimpressed boredom that is this year's filmgoer's hell...

Author: By Hilary B. Klein, | Title: A Habit Worth Breaking | 4/25/1977 | See Source »

...returned, and there is a much greater awareness than there was a year ago that we have to face up to the crisis. The balance of payments used to be regarded as a problem for technicians. Today people understand that it bears on the price of meat at the butcher in the morning...

Author: /time Magazine | Title: ITALY: Andreotti: Rebus Sic Stantibus | 12/13/1976 | See Source »

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