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Weill's coup not only creates a global financial supermarket, but it will also impel a consolidation in which Wall Street investment companies will either get big or get run over. The merger unites Salomon, a power in bonds and a player in investment banking, with the Travelers-owned Smith Barney brokerage, which is stronger in stocks. The Travelers umbrella also includes companies that sell life insurance, property and casualty insurance, annuities, mutual funds and credit cards. Travelers Group's stock market value of $55 billion will now dwarf such giants as Merrill Lynch ($24 billion) and the newly formed...

Author: /time Magazine | Title: SANFORD WEILL: WALL STREET'S HIGHFLYER | 10/6/1997 | See Source »

...this year's elections impel only a small portion of Louisiana voters to the polls on Nov. 5--the state had the second-lowest voter turnout among the 50 states in 1994, after Florida--it will be less a tribute to voter apathy than to the peculiarity of Louisiana's open primary, which has already sent five of this year's eight candidates for Congress to office. (All the major-party candidates, including the five victors, are profiled in this guide. Those who have already won are marked by shaded boxes...

Author: /time Magazine | Title: A GUIDE TO THE CONGRESSIONAL RACES: LOUISIANA | 11/4/1996 | See Source »

...will of the majority.'' For now, any referendum in the North would keep Ulster a part of Britain because Protestants make up about 60% of the population. But demographics are changing, and sometime within perhaps the next 30 years, Catholics could match or surpass Protestants number. The prospect may impel Unionists to consider the more flexible tactics the framework offers...

Author: /time Magazine | Title: INVITATION IN THE MAIL | 3/6/1995 | See Source »

...which have connected them with another, and to assume, among the powers of the earth, the separate and equal station to which the laws of nature and of nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation...

Author: By Patrick S. Chung, | Title: The Case Of Quebec | 3/4/1995 | See Source »

...either side that threatens to abort the whole process before a real peace is nailed down. But the odds seem to be that one will be achieved. Last week's breakthrough was the result less of altruism than of simple realism. Secret talks in Oslo built enough trust to impel Arafat and Rabin to take the first step: recognition...

Author: /time Magazine | Title: All Together Now | 9/20/1993 | See Source »

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