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...unfortunate as Dannebrog, which now has no bank at all. Sometimes failed ones quickly reopen under new owners who receive federal assistance. Two small farm banks closed last week by the FDIC opened their doors again the very next day under new ownership. The Farmers National Bank of Erick, Okla., was taken over by the First American Bank of Erick, and the First National Bank of Woodbine, Iowa, became the Iowa Savings Bank, a new subsidiary of a local holding company. In other cases, healthy banks in neighboring towns or cities take over collapsed institutions. Almost always, the new management...

Author: /time Magazine | Title: Caught in the Middle | 2/18/1985 | See Source »

Many shopkeepers feel exhausted from trying to keep up with their ravenous clientele. "It has been so fast we've had to bring people in as early as 5 a.m. to restock the shelves," groans E. Erick Gaither, manager of a Sears store in Tucker, Ga. At Palo Alto's Emporium-Capwell, employees are often so harried they forget to take their breaks. Said Heidi Thomas, a clerk in petite women's wear: "Last Saturday we were swamped. A lot of shoppers had clothes draped over their arms. I was so busy I couldn't handle...

Author: /time Magazine | Title: A Sugarplum Shopping Spree | 12/26/1983 | See Source »

...emerging group of three women and two men are 30 or under. Each had the opportunity to work with young composers. Over the campus came the cries of tortured pianos and punished brass. Exotic instruments punctuated classes in Afro-American, jazz and a variety of modern dance disciplines. The Erick Hawkins technique had students working on the floor of an old gymnasium to the music of Chinese gongs, while others moaned in the transports of "deep muscle therapy." Even professional critics engaged in feisty controversies at the A.D.F. commissary, the Barre. And when attention turned to the six evenings...

Author: /time Magazine | Title: Dance: Synthesizer Chic in North Carolina | 7/27/1981 | See Source »

...October INN will add a half-hour midday news show. Within a few years, says Corporon, "we could have five or six programs on the air." For the moment, however, INN'S greatest contribution is to knee-high stations like KGSW in Albuquerque, N. Mex. Says General Manager Erick Steffens: "Before, if a Mount St. Helens erupted, or there was an earthquake in Italy, we'd have to put up a slide and try to describe it. Now we don't have to be ashamed...

Author: /time Magazine | Title: Press: Two Upstarts vs. the Big Three | 6/1/1981 | See Source »

...From Erick, Okla., over near the Texas border, Moore calls Norman. The lab reports that the storm clouds are "falling apart." Moore is unconvinced. He heads west again to get a better look at a cloud bank that seems to contradict the forecast. "Look at that thing!" Moore yells. "It's going up! Hell yes, it's going up!" He throws the pickup into a fast U-turn. He turns on the AM radio just in time to hear an unmistakable crackle. "If I didn't know better," Moore shouts, "I'd say that was lightning...

Author: /time Magazine | Title: In Oklahoma: Chasing Twisters | 6/18/1979 | See Source »

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