Word: leveller
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Dates: during 1980-1989
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...reform the rest of the thrift industry, the bill tightens capital requirements so that S & L owners would have more of their own money on the line. Specifically, the bill calls for all thrifts immediately to post $1.50 in reserves for each $100 in deposits and reach a level of $3 in reserves...
...Eliminating the practice of tracking students according to their achievement level. Instead, schools should promote "cooperative learning" in which small groups of students of varying abilities work in teams under the supervision of one or more teachers...
Besides the recommendations on sex counseling, perhaps the report's most controversial proposal is the elimination of tracking. While it is true that minority and at-risk students are often warehoused in low-level classes, a blanket insistence on cooperative learning may motivate parents of gifted children to abandon the public schools. "We need to be careful," says Stanford education professor Michael Kirst. "We certainly don't want to slow down kids on the fast track...
When the sculptor Christopher Wilmarth committed suicide at the age of 44 some 18 months ago, there were no headlines. Wilmarth was not a "star," and so, ignored by the mechanisms of art-world hype, his work was left to find its own level. It is now doing so. The time for a complete Wilmarth retrospective has not arrived, but the Museum of Modern Art in Manhattan has mounted a small exhibition of 25 of his sculptures (through Aug. 20), sensitively curated with an excellent catalog essay by Laura Rosenstock. Even from this limited evidence, it is clear that Wilmarth...
Critics of the deal complained that it would not quickly raise Time's stock to the level of Paramount's bid. "Time management had a plan to build an empire, and somebody threw a wrench into that plan by offering the shareholders a better price," said Ralph Whitworth, director of the United Shareholders Association, a Washington-based advocacy group. "It should have been left up to the shareholders to decide" how to vote on Paramount's proposal. Disappointed Time stockholders may be inclined to bring lawsuits accusing the company of failing to look after their immediate interests. Said...