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Many Americans wonder where their money goes. So, it turns out, does the Government. According to a study commissioned by the Federal Reserve Board and made public last week, about $154 billion in currency and coin had been put into circulation in the U.S. as of last spring. But about 60% of that cash supply, or at least $96 billion, seems to have mysteriously disappeared. Americans are probably carrying around no more than $36 billion in their pockets or purses to make day-to-day purchases. Companies, meanwhile, probably have no more than $22 billion stashed in drawers, safes...

Author: /time Magazine | Title: Currency: Searching for the Black Hole | 2/24/1986 | See Source »

...ability. But skeptics, mainly Democrats, doubted that the diplomat turned high-priced consultant is cut out for local politics or the rigors of the campaign trail. As Cuomo told the New York Times: "I know more about Buffalo than Beirut. Dr. Kissinger would be the other side of the coin." But could he beat the great global strategist? Yes, said the Governor, by "at least one vote...

Author: /time Magazine | Title: New York: Governor Kissinger? | 2/10/1986 | See Source »

...Jane, his formerly Falstaffian antics are revealed as a cover for his profound discontentedness at the current state of affairs in the country. His emotional grasp of the politico-economic situation complements Jane's intellectual ponderings--they are, as Guilford later points out, "two sides of the same coin...

Author: By Cristina V. Coletta, | Title: Legendary Love Story | 2/7/1986 | See Source »

More than 4,000 days have passed since that momentous coin toss, and Walton's career has been one of the most uneven of any NBA star. Tonight at Boston Garden will be a sort of homecoming for Bill Walton, when he suits up for the Celtics against his original team, the Blazers...

Author: By Richard L. Meyer, | Title: Bill Walton: Always A Winner | 12/6/1985 | See Source »

...coin flip, the free-spirited Walton said, "I'm no longer a basketball player. I'm a sun lover. I won't play in any city where the weather is inclement." Those were harsh words from one of the most highly-touted college players ever, but Walton agreed to play in Portland...

Author: By Richard L. Meyer, | Title: Bill Walton: Always A Winner | 12/6/1985 | See Source »

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