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Jaffe's rambling plot steals from the potential of these performances. One scene often doesn't seem to follow another, and plot developments--such as the arrest of Susan's house boy--come without warning or apparent logic. Jaffe placed too much emphasis on the camera's ability to drain all meaning from a scene, without making enough effort to merge scenes and speed up the film's pace. His naive reliance on detail, rather than illuminating his subtle themes, merely gets in their...

Author: By Rebecca J. Joseph, | Title: Gone Astray | 2/4/1983 | See Source »

Woolworth management could reveal its thinking soon. The company shut the last of its 336 Woolco outlets last weekend, and is finally rid of a substantial profit drain. The slimmed-down firm must now decide whether it intends to expand in new ways or remain at the same old stand...

Author: /time Magazine | Title: Deserted Store | 1/24/1983 | See Source »

That shortfall is hitting the bottom line. Robert Albertson, an analyst with the Smith Barney investment firm, estimates that delinquent loans to foreign firms may have lowered fourth-quarter profits of major banks by some 5%. Concern about an earnings drain from bad loans has already helped depress bank stocks. While the stock market has been reaching new highs, shares of Citicorp have fallen 14% since November. Chase Manhattan has dropped 11%, and Valley National is down...

Author: /time Magazine | Title: The Debt-Bomb Threat | 1/10/1983 | See Source »

...months the cash drain was kept quiet. But eventually the lending banks began to pick up the whiff of desperation. Brazil dipped into its $5.5 billion reserve of U.S. dollars and even pledged its entire 2.5 million-oz. gold cache to secure credit. Then the government-controlled Banco do Brasil, which finances the nation's international trade, began drawing down cash, estimated at nearly $2 billion, that it ordinarily keeps on deposit with major international banks. When that was exhausted, the Brazilian bank was forced to turn to overnight borrowings to stay in business...

Author: /time Magazine | Title: Back from the Brink | 12/27/1982 | See Source »

This substantial yield can be attributed in large part to the stepped up efforts of the Harvard Campaign to drum up support specifically for undergraduate study, said Thomas W. Stephenson, director of Corporation and Foundation giving for the Development Office. While the University is "not attempting to drain support for the professional schools, the College needs [the support of corporations] very badly to continue its tradition of excellence...

Author: NO WRITER ATTRIBUTED | Title: Corporations Giving More To Harvard | 12/16/1982 | See Source »

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