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...high ideals. "I have never given a red cent to a panhandler, and I never will," declares Businessman Wade Lewis, 47, of Greenville, N.C. "I won't give anybody anything, but I will help somebody go through a trash can to pull out cans and claim the nickel deposit. People need to know that they have to work to get what they need...

Author: /time Magazine | Title: Living: Begging: To Give or Not to Give | 9/5/1988 | See Source »

...deals followed by less than a month the Government's rescue of Dallas-based First RepublicBank, the second largest bank bailout in history. NCNB, a thriving Charlotte, N.C., banking company, has agreed to take over management of First RepublicBank, but to keep the failing Texas bank afloat, the Federal Deposit Insurance Corporation will have to provide $4 billion -- an amount topped only by the $4.5 billion bailout of Chicago's Continental Illinois...

Author: /time Magazine | Title: Cracks in The System | 8/29/1988 | See Source »

...with several other potential buyers, including New York City's Citicorp and San Francisco's Wells Fargo. The North Carolina bank will pay at least $210 million for a 20% stake in the bank and will have a five- year option to buy the rest from the Federal Deposit Insurance Corporation, which guarantees bank deposits and will put up most of the money for the rescue...

Author: /time Magazine | Title: BANKING: A $4 Billion Texas Bailout | 8/8/1988 | See Source »

Mudanjiang remains ready for war. The military airfield outside this northeastern Chinese industrial city of 600,000 lifts security restrictions just long enough for a twin-engine prop plane from Beijing to deposit its passengers. They are whisked past the barracks of a People's Liberation Army (P.L.A.) unit. It is shortly before sundown, and troops are playing soccer, basketball, Ping-Pong and open-air billiards on the edge of the runway, not far from a wing of 70 Chinese-built MiG-21 interceptors, each sheathed in canvas to guard against corrosion in the heavily polluted...

Author: /time Magazine | Title: Diplomacy Swords into Sample Cases | 7/18/1988 | See Source »

...intelligent" ground vehicle. The robot rambler, which resembles the "moon buggy" used in the Apollo moon landings, would be used to gather and analyze soil samples. It must be able to find its way around the Martian surface, guided by an advanced artificial- intelligence "brain." It would then deposit the soil samples in a special canister that would be blasted aloft to the Soviet orbiter for the trip home. The 1976 U.S. Viking Lander probes, by contrast, could only radio data from soil samples back from Mars. This time, the samples would be returned to earth aboard the Soviet craft...

Author: /time Magazine | Title: Space: Pros And Cons of a Flight to Mars | 6/6/1988 | See Source »

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