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Though the announcement of Walston's demise was not a major catastrophe for the securities industry, it may serve to deepen investor mistrust of the stock market and make it harder for other brokerages to sell the industry's future to bright young recruits. Moreover, some securities men fear that a Walston disappearance may be merely the first in a new series of big shutdowns. "The combination of the duPont situation and the bad market has given everybody the jitters," says Richard Jenrette, chairman of Donaldson, Lufkin & Jenrette. "There will probably be more firms...

Author: /time Magazine | Title: WALL STREET: Perot's Orderly Retreat | 2/4/1974 | See Source »

Beyond restoring the canal to its pre-June 1967 condition, Egypt faces a billion-dollar decision: whether or not to widen and deepen the waterway to accommodate the new larger ships, including some supertankers. The canal now can handle ships with a maximum draft of 38 ft.-70,000-ton craft carrying full loads of cargo and 140,000-tonners riding empty. An enlarged canal could take fully loaded ships with a draft of 71 ft. and a weight of 260,000 tons, or any ship now afloat empty...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

...Norman Fisk and Plastic Surgeon Donald Laub, applicants for surgery are carefully screened. For those who doctors feel could benefit from an operation, at least a full year of hormonal therapy is prescribed: estrogens and progestins to enlarge the breasts and soften the skin on men, and androgens to deepen the voices and stimulate beards on women...

Author: /time Magazine | Title: The Sexes: Prisoners of Sex | 1/21/1974 | See Source »

...sense of the complex relations of individuals to social processes, Troell comes closer to Bergman than any other current director. He edges near the best Faulkner, imaginatively recreating a history which is truer and more substantial than the history of dates and figures, a history with fictional embellishments that deepen our understanding...

Author: By Steven Reed, | Title: The Promised Land | 12/6/1973 | See Source »

...nation, too, the stakes are high. Even before Agnew's troubles burst into view, Watergate had sorely eroded public confidence in Government and enhanced cynicism about politics. If Agnew is finally adjudged guilty, that erosion and cynicism will be deepened, particularly in view of all his vehement protestations of innocence. Conversely, if he is found not guilty, the administration of justice, not to mention the press, will suffer yet another black eye for having needlessly ? Agnew would argue perniciously ? inflicted the ordeal on the Vice President and the country. Either outcome is likely to deepen the divisions...

Author: /time Magazine | Title: THE VICE PRESIDENCY: Agnew Takes on the Justice Department | 10/8/1973 | See Source »

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