Word: isaacs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...trouble yet because banks always tend to lag behind the economy." The comptroller's office is now examining the books of large banks two or three times a year, instead of just once. As a further incentive for prudence, the FDlC's Isaac has proposed that the premiums banks pay to the agency for deposit insurance should increase according to the proportion of their loans that are risky...
...recent string of bank failures has raised worries about whether the $17 billion in the FDlC's insurance fund is enough to protect the banking system and depositors. Officials contend that the regulators have enough money to get the job done. Says FDIC Chair man Isaac: "We have the capacity, along with the Federal Reserve, to deal with any scenario you can imagine." Some bankers have already made strategic changes that may help keep them profitable in an increasingly competitive market place. Says Manufacturers' McGillicuddy: "When people say the banking industry hasn't responded, it just doesn...
Bankers got many of their current problems the old-fashioned way-they earned them. Says William Isaac, chairman of the FDIC: "The common thread in the industry's troubles is bad management. You can get away with a fair amount of poor management when the economy's in good shape, but if the economy turns sour, as it did in 1981-82, your mistakes are magnified." This does not mean that all bankers have turned into casino gamblers. "I don't think that bankers as a whole have become reckless," says Carlos Arboleya, vice chairman of Barnett...
...Jersey medical-supply company, ran electrophoresis experiments, which allowed precise separation under weightless conditions of biological materials. Although one batch was contaminated, the others permitted the removal of impurities too small to be extracted on earth. One possible outgrowth: production of insulin-producing cells to control diabetes. Says Isaac Gillam, the NASA official in charge of commercial programs: "We will see products manufactured in space from the McDonnell Douglas and Johnson & Johnson effort as soon as early...
...Isaac Bashevis Singer, 80, used to change translators with the seasons, arguing over every article and preposition as his stories went from Yiddish to English. But recently the novelist has professed "great compassion" for the workers he once abused. "Since every language contains its own unique truths," he now believes, "translation is the very spirit of civilization." Then he adds, "In my younger days I used to dream about a harem full of women; lately I'm dreaming of a harem full of translators." -By Patricia Blake