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...major New York City banks have fallen more than 13%. Said James Wooden, the bank-industry analyst for Merrill Lynch: "Continental's problems are probably unique and not transferable to other banks. On the other hand, they represent a very serious do mestic banking problem that must be dealt with. The sooner those problems are solved, the better...

Author: /time Magazine | Title: The Rescuer of Last Resort | 7/30/1984 | See Source »

...French Revolution, Napoleon Bonaparte and the restored Bourbon monarchy, has a statesman pursued his craft with such success under so many different masters. Gromyko has served the Soviet state through all of its tortuous transformations, from Stalinist despotism to the vicissitudes of the Andropov and Chernenko years. He has dealt with nine U.S. Presidents, starting with Franklin D. Roosevelt, and 14 Secretaries of State. Says a diplomat who meets often with Gromyko: "He remembers not because he read a brief or a book, but as often as not because he was there in person...

Author: /time Magazine | Title: A Diplomat for All Seasons | 6/25/1984 | See Source »

Reagan Administration officials praised the high-court ruling. Said Alfred Regnery, director of juvenile programs for the Justice Department: "It recognizes that juvenile crime is serious business that needs to be dealt with seriously." But others were appalled. New York University Law Professor Martin Guggenheim, who handled Martin's Supreme Court appeal, denounced the decision as a "throwback to pre-20th century law," when children had few rights. Some critics thought it was especially unfortunate that the high court upheld the New York laws since Guggenheim had convinced two lower federal courts that it was being used...

Author: /time Magazine | Title: Law: Reining In Juveniles and Aliens | 6/18/1984 | See Source »

...Arabs were still alive when security men took them to an adjacent field for questioning about whether or not the bus was booby-trapped for a delayed explosion. At some point be tween the retaking of the bus and the end of the interrogation, each man suffered "a blow dealt to the back of the head by a blunt instrument," fracturing the skull and killing...

Author: /time Magazine | Title: Israel: Lethal Questions, Vexing Answers | 6/11/1984 | See Source »

After having taken a course in the music department with Ivan Tcherepnin "which dealt with the way music relates to the world and problems in society," Rothenberg opted for a self-devised special concentration in Music and Communication...

Author: By Jocelyn B. Lamm, | Title: The music man | 6/7/1984 | See Source »

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