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Such favored treatment for the customers of big banks was a heated issue last week, as consumers and politicians braced for a possible wave of new banking failures. "The situation is patently unfair -- just plain wrong," said Henry Gonzalez, the Texas Democrat who heads the House Banking Committee. Concurred John Jacob, president of the National Urban League, which lost more than $200,000 at Freedom National because of the government's double standard: "I think it is grossly discriminatory against banks that happen to be small." Amid the outcry, the FDIC said it was reviewing its policy at Freedom National...

Author: /time Magazine | Title: Special Report: Crisis in Banking: Requium for a Heavyweight | 1/21/1991 | See Source »

...John E. Gallagher, Lois Gilman, Tam Martinides Gray, Georgia Harbison, Michael P. Harris, Anne Hopkins, Katherine Mihok, Adrianne Jucius Navon, Nancy Newman, Susan M. Reed, Elizabeth Rudulph, Zona Sparks, William Tynan, Sidney Urquhart, Susanne Washburn (Senior Staff); Elizabeth L. Bland, Kathleen Brady, Barbara Burke, Wendy Cole, Tom Curry, Nelida Gonzalez Cutler, Andrea Dorfman, David Ellis, Kathryn Jackson Fallon, Mary McC. Fernandez, Janice M. Horowitz, Jeanette Isaac, Sinting Lai, Daniel S. Levy, Lawrence Mondi, Michael Quinn, Jeffery C. Rubin, Megan Rutherford, Andrea Sachs, Patricia Santella, Sophfronia Scott, David Seideman, Sribala Subramanian, David E. Thigpen, Leslie Whitaker, Linda Williams, Linda Young

Author: /time Magazine | Title: Time Magazine Masthead Vol. 137, No. 3 JANUARY 21, 1991 | 1/21/1991 | See Source »

...shaky health of the industry led Congress last week to introduce bills to shore up federal deposit insurance and strengthen federal bank supervision. Sponsors included Henry Gonzalez, the Texas Democrat who chairs the House Banking Committee. Meanwhile, the Treasury Department is drafting plans to permit banks to enter new fields to increase their profitability. The key points in the proposals...

Author: /time Magazine | Title: Pillars Of Sand | 1/14/1991 | See Source »

...John E. Gallagher, Lois Gilman, Tam Martinides Gray, Georgia Harbison, Michael P. Harris, Anne Hopkins, Katherine Mihok, Adrianne Jucius Navon, Nancy Newman, Susan M. Reed, Elizabeth Rudulph, Zona Sparks, William Tynan, Sidney Urquhart, Susanne Washburn (Senior Staff); Elizabeth L. Bland, Kathleen Brady, Barbara Burke, Wendy Cole, Tom Curry, Nelida Gonzalez Cutler, Sally B. Donnelly, Andrea Dorfman, David Ellis, Kathryn Jackson Fallon, Mary McC. Fernandez, Janice M. Horowitz, Jeanette Isaac, Sinting Lai, Daniel S. Levy, Lawrence Mondi, Michael Quinn, Jeffery C. Rubin, Megan Rutherford, Andrea Sachs, Patricia Santella, Sophfronia Scott, David Seideman, Sribala Subramanian, David E. Thigpen, Leslie Whitaker, Linda Williams...

Author: /time Magazine | Title: Time Magazine Masthead JANUARY 14, 1991 | 1/14/1991 | See Source »

...John E. Gallagher, Lois Gilman, Tam Martinides Gray, Georgia Harbison, Michael P. Harris, Anne Hopkins, Katherine Mihok, Adrianne Jucius Navon, Nancy Newman, Susan M. Reed, Elizabeth Rudulph, Zona Sparks, William Tynan, Sidney Urquhart, Susanne Washburn (Senior Staff); Elizabeth L. Bland, Kathleen Brady, Barbara Burke, Wendy Cole, Tom Curry, Nelida Gonzalez Cutler, Sally B. Donnelly, Andrea Dorfman, David Ellis, Kathryn Jackson Fallon, Mary McC. Fernandez, David M. Gross, Janice M. Horowitz, Jeanette Isaac, Sinting Lai, Daniel S. Levy, Lawrence Mondi, Michael Quinn, Jeffery C. Rubin, Megan Rutherford, Andrea Sachs, Patricia Santella, Sophfronia Scott, David Seideman, Sribala Subramanian, David E. Thigpen, Leslie...

Author: /time Magazine | Title: Time Magazine Masthead | 12/24/1990 | See Source »

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