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...facing the rest of the world with some caution. The unified 12-nation European Community market of 1992 is expected to mean the closing of many European banks long coddled by national laws that kept out foreign competition. "A huge number of institutions, perhaps as many as half, will disappear or merge as the domestic market is rationalized," says Christopher Toole, an analyst with Country NatWest Bank in London. Adds Robert Poldermans of the accounting firm Arthur D. Little: "Europe has too many midsize banks and not enough giants, too many local customers and not enough Europeans...

Author: /time Magazine | Title: Bareknuckle Banking | 7/30/1990 | See Source »

...other side effects. Although none of the men in the Wisconsin study had these problems, long-term use of HGH might increase the risk. Other questions that remain to be answered include the age at which treatment should begin, what the optimal dose is, whether the changes will disappear if the therapy is discontinued and whether it is effective in older women. The high cost of HGH -- about $14,000 for a year's supply -- is a severe drawback...

Author: /time Magazine | Title: Medicine: Getting A Shot Of Youth | 7/16/1990 | See Source »

...have to be rich enough not to let something like the fear of fungus keep you awake at night. "Your court can disappear on you if you're not careful," says Tom Lufkin, a member of the game's hall of fame who has built his own court at his nursery in Northern California. Lufkin, who played for years on Samuel Goldwyn's two courts in Beverly Hills, recalls those glory years of the game when fierce rivalries between literary lions like Alexander Woollcott and George S. Kaufman led to marathon grudge matches on the producer's courts. Woollcott once...

Author: /time Magazine | Title: Windsor, California Such Splendor On the Grass | 7/16/1990 | See Source »

...teaching experience, receives a net monthly income of 1,100 ostmarks, or about $655 at the 1-to-1 conversion rate that went into effect July 1. That is roughly a third of what a West German counterpart is paid. "We will be earning even less when rent subsidies disappear and pension contributions rise," she says...

Author: /time Magazine | Title: Germany: We Are All Talking More | 7/9/1990 | See Source »

...gauged the potential impact of the great disparity between ostentatious affluence in the West and relative poverty in the East, but that is a grating issue and not likely to disappear soon. Perhaps aware of this, along with the realization that life may have become too lavish, a few West Germans are tuning in to something called Neue Bescheidenheit, or new modesty -- an effort to get back to the essentials of the good life. It has had only modest success. "This is like Jackie Kennedy's basic black and pearls," says one critic. "The pearls are genuine, the basic black...

Author: /time Magazine | Title: Germany: The Oh So Good Life | 7/9/1990 | See Source »

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