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Italy, which has some of Europe's most inefficient but potentially wealthy financial institutions, is likely to undergo the greatest change. For now, the Italians are thoroughly -- very thoroughly -- served by their bankers: the country has some 1,200 separate banking companies with 13,500 branches -- but it also has...

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

Melba Lucy Montenegro was poor but ambitious. The 29-year-old mother of three dreamed of opening a bicycle factory in her hometown of Cali, Colombia. But when she asked several banks in the region for a loan, they refused her because she lacked collateral. Then she heard about a...

Author: /time Magazine | Title: Giving Credit Where It's Overdue | 6/11/1990 | See Source »

After that, normalizing the East-West First Lady relationship was easy. Bush had already conceded victory to Gorbachev in the shopping, weight and wardrobe wars. Years of sitting at fund-raising dinners have taught her how to look fascinated by a lecture on multiple warheads, all the while fantasizing, perhaps...

Author: /time Magazine | Title: The End of Another Cold War | 6/11/1990 | See Source »

Stoppard employs an almost cinematic technique of cutting between actual scenes from Hamlet and his own invention. His manner is witty without being jarring, and the cast of this production are careful that the transitions are as natural and unnatural as the playwright intended.

Author: By Ross G. Forman, | Title: Rosencrantz and Guildenstern Live On in Leverett House | 4/27/1990 | See Source »

Harvard even employs a vice president for government, community, and public affairs, as well as three officials responsible for "federal relations," including a lobbyist in Washington. In recent years, they have taken stands on numerous issues ranging from federal financial aid cutbacks to Reagan administration officials' attacks on higher education...

Author: By Adam K. Goodheart, | Title: Bok's Deafening Silence | 4/16/1990 | See Source »

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