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...federal officials regard Wells Fargo as a well-managed bank, some critics have wondered whether Lewis' scam went on so long in part because the bank has been adding so many branches-nine a year-that finding competent supervisors has been difficult. Cooley concedes that Lewis found "a flaw in our system." But the bank has changed its $1 million "trigger point" and the five-day timing safeguard. Also, Cooley asserts, "we have done a couple of other things no one will ever know about...

Author: /time Magazine | Title: Dropping By to Keep His Hand In | 3/9/1981 | See Source »

Drenched with sweat, the Harvard icemen clopped through the rink of Boston Garden on the way to locker room number 11, there to savor a triumph nearly without flaw. They trooped past a noisy, elation-filled melee of back-slapping, chances of "Harvard!" and clenched fists of satisfaction. They were tired, very tired, but they were also damn happy...

Author: By Jim Hershberg, | Title: At Long last Beanpot | 2/10/1981 | See Source »

...born beautiful, she stays beautiful, and she gets more beautiful every month." Way Bandy, perhaps the top makeup man in the fashion dodge, is reminded of Elizabeth Taylor. "They don't look alike, but the quality and magnitude of beauty are the same." Does this sublimity have a flaw? Bandy would like to tone down the shaggy eyebrows, but so far Brooke and her mother Teri, who plans her daughter's career as Eisenhower planned Dday, have refused...

Author: /time Magazine | Title: Living: Big-League Stunner or Nice Kid? | 2/9/1981 | See Source »

...needed. The nation, operating under one Constitution, has permitted racial segregation in one era but outlawed it in another, tolerated corporate trusts in one season but tabooed them in later let the states oversee political parties at one time and taken them under the federal wing in another. One flaw of the usual federal-state debate is that participants often overlook the ad hoc evolution of the U.S. scheme of governance; they imagine that governmental structures take their shape more from the niceties of theory than from the proddings of a society beset with messy problems. As former Governor Orville...

Author: /time Magazine | Title: Essay: States' Rights and Other Myths | 2/9/1981 | See Source »

...that is precisely what Jonathan Miller does at the beginning of this play, the 13th in the BBC's Shakespeare series. The Taming of the Shrew is sexist, he says, but it was, after all, written almost 400 years ago. Miller's patronizing tone may explain the flaw of this otherwise worthy production: it is not fun. The scenery is stunning, the direction fine, and Sarah Badel and John Cleese are engaging as Katharina and Petruchio, the shrew and her tamer. But more might have been expected of Miller, who showed his lively wit in Beyond the Fringe...

Author: /time Magazine | Title: Television: Midwinter Night's Dreams | 1/26/1981 | See Source »

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