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World bankers and Finance Ministers will face a tense period as they attempt to muddle through the next few years of growing OPEC wealth and growing Third World indebtedness. New York Investment Banker Felix Rohatyn with grave concern calls the situation a "highly unstable base for our system." Banks will undoubtedly have to "roll over" or refinance some debts, just as many strapped households consolidate their old loans. David Rockefeller and Bank of America President A.W. Clausen also stress that the IMF will have to carry a heavier share of Third World borrowing, especially from the poorest countries like...

Author: /time Magazine | Title: Business: World Bankers Juggle the Huge Oil Debts | 3/3/1980 | See Source »

...uncle's store, Felix's, ancestor of the current Linden St. shoe repair store, once stood where Gnomon Copy now stands on Mass...

Author: By William E. Mckibben, | Title: Caragianes: A Voice for Cambridgeport | 2/19/1980 | See Source »

More than a shoe repair store, Felix's sold newspapers and magazines of every kind, and even offered hat-cleaning, "back in the days when people wore hats...

Author: By William E. Mckibben, | Title: Caragianes: A Voice for Cambridgeport | 2/19/1980 | See Source »

...Felix Rodriguez, an official of the state's department of corrections, tried to negotiate over a walkie-talkie with a group of inmates who used names like "Chopper One," "Chicano" and "Honky." They read a list of eleven complaints, including overcrowding, bad food and harassment by guards. But prison officials quickly concluded that Chopper One and the others had little influence over most of the convicts...

Author: /time Magazine | Title: Nation: What Happened to Our Men? | 2/18/1980 | See Source »

...process clauses of the 14th Amendment. "He did not write for the law school professors," remarked one of his admiring clerks; law professors, in fact, scolded him for sloppiness and sometimes for indifference to law in drafting his opinions. Douglas was also criticized by his own colleague Justice Felix Frankfurter for disregarding the procedural boundaries on the court's power. In addition, Frankfurter was furious with Douglas, a potential vice-presidential candidate in 1944 and 1948, for continuing to hold political ambitions while he was serving on the court...

Author: /time Magazine | Title: Law: The Evergreen Liberal | 1/28/1980 | See Source »

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