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Nonetheless, banks and savings and loan associations will probably not pay their passbook holders much more than the current rate. Many of these customers kept their money in low-paying passbook accounts even when money- market funds or bank certificates of deposit were offering interest of 15% or more, in 1981. As a result, bankers feel, passbook fans are unlikely to bolt now that money-market funds are yielding a paltry...

Author: /time Magazine | Title: Banking: New Leaf for Passbooks | 4/7/1986 | See Source »

...them, the ill ended up on the streets. Others believe homelessness has been aggravated by unemployment, divorce and eviction; people sleep in the parks because they cannot afford the city's high-priced housing: two-bedroom apartments rarely rent for less than $800 a month, after two months' deposit...

Author: /time Magazine | Title: A Hobo Jungle with Class | 3/31/1986 | See Source »

...promotional gimmick, the bank is offering unusual six-month certificates of deposit: their interest rates are tied to how well the Wildcats and the Cardinals do in the N.C.A.A. tournament. For a minimum of $500, a customer can buy a Wildcat CD or a Cardinal CD that offers a base interest rate of 7.5%. If the chosen team makes the playoffs, the rate will bounce to 7.7%. That seems a sure bet with either team, since Kentucky was ranked No. 5 and Louisville No. 13 in the latest Associated Press poll. For , each game the team wins, another .1 percentage...

Author: /time Magazine | Title: Banks: Sink a Shot for Old Cd | 3/10/1986 | See Source »

...likened the event to the detonation of a hydrogen bomb in an underground cavern: all matter moved to the fringes in the shape of a shell leaving the core relatively empty. Galaxies were the direct result of the separate waves in multiple explosions colliding, which caused a large deposit of high density matter, the scientists said...

Author: NO WRITER ATTRIBUTED | Title: Scientists Find Cosmic Bubbles | 1/8/1986 | See Source »

...while the ability to destroy lethal blood clots may increase the chances of survival in some patients, it may have little or no effect in others. In many instances of heart attack, the coronary artery is not obstructed by a blood clot but by a fatty deposit known as a plaque. Since plaques are not susceptible to drugs like t-PA, other methods must be used to unblock the artery...

Author: By Robert J. Wechsler, SPECIAL TO THE CRIMSON | Title: Playing Plumber With Our Arteries | 11/25/1985 | See Source »

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