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...died, he had told a police friend that two prison supervisors were making illegal profits from their jobs and that there was large-scale fraud in the prison furniture shop. Moreover, he had given his fiancee tape recordings of prison conversations that she had locked up in a safe deposit box. State and federal investigators listened to the tapes but refused to reveal their contents. Declares Guard Ken Mock, 38: "I have no doubt that Gerry...

Author: /time Magazine | Title: Hellhouse Becomes a Madhouse: New Mexico State Penetentiary | 10/26/1981 | See Source »

...September 25, 7:12 p.m.--The manager of the Greenhouse Cafe in the Science Center reported a bank deposit bag containing $1440 stolen. The bag had been locked in a freezer for safekeeping...

Author: NO WRITER ATTRIBUTED | Title: Police Blotter | 10/3/1981 | See Source »

Four days a week customers gather in the lobby of the Talman Home Federal Savings and Loan in the Gage Park section of Chicago. Occasionally someone makes a deposit or takes money out of an account. But most of the time, the customers just sit around chatting, drinking coffee and munching free doughnuts. Says Louis Brockman, 91, a regular at Talman: "This is one of the nicest places in the world. Everybody talks nice to you, from the sweepers to the president...

Author: /time Magazine | Title: Stuck in That 5.5% Rut | 9/28/1981 | See Source »

...suddenly had to start paying comparable interest rates on passbook accounts, many of them would go broke. As it is, an estimated 85% of all S and Ls are losing money because the double-digit interest that they are paying on a variety of certificates of deposit-14% and more-is higher than the 9% or so that they earn on old mortgages...

Author: /time Magazine | Title: Stuck in That 5.5% Rut | 9/28/1981 | See Source »

When a bank fouls up, an unhappy customer may yank his money and deposit it across the street. Oil-rich Kuwait has done the same thing, only it took $4 billion with it. New York's Citibank had managed investment funds for Kuwait since 1974, putting nearly $4 billion into stocks of about 350 U.S. companies, including AT&T, Atlantic Richfield and Phillips Petroleum...

Author: /time Magazine | Title: Dividends: A $4 Billion Bit of Pique | 9/28/1981 | See Source »

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