Word: loeb
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Dates: during 1980-1989
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...rapidly materializing. Neither a simple savings and loan nor a conventional bank, it is a combination bank, insurance company, brokerage firm and credit-card company. The mergers in recent months of the Prudential Insurance Co. with Wall Street's Bache Group Inc. and American Express with the Shearson Loeb Rhoades brokerage firm provide a glimpse of the shape of things to come in finance. With the help of computers, plastic credit cards and toll-free long-distance phone calls, these money supermarkets are carrying out perhaps the most significant change in the way people handle money since Marco Polo...
This year showed that four Mainstage productions is plenty of room for student actors, designers and directors to show off their talents. There's also been a side benefit: by pushing over-ambitious students into the more manageable confines of the Loeb's versatile Experimental Theater, the ART's presence has provoked a true renaissance there. The spring season boasted mostly first-rate productions, and two in particular that rivalled the best I've seen, on the Mainstage or off--Bill Rauch's The Visit and David Edelstein's The Father...
Several acquaintances on the faculty mentioned that the English department was "up in arms" over the production, and, in fact, later that fall several Faculty members participated in a debate with ART personnel at a Monday night forum at the Loeb over how Shakespeare ought to be produced. The preoccupation of that debate--fidelity to the text--was echoed this spring by Noel Lord Annan of the University of London, invited here by the English Department. Faculty here, directly, and Annan, indirectly, were criticizing Brustein and his theater for abandoning their duty to the author in orgies of directorial license...
...Epstein uncovered hidden streams of conflict--between fairy and fairy, fairy and man, man and woman--with the aid of Purcell's fine-woven Baroque score. These emphases, however, were just that; there were no placards. Costumes and sets had a somber beauty. No one could have left the Loeb feeling Shakespeare's text had been tampered with or betrayed...
With a separate season of new plays scheduled for a theater outside the Loeb, and a cabaret in the Loeb lobby for revues and drinks after Mainstage shows, the ART will be operating at full throttle next year. If financial troubles--like a projected deficit this season and looming, savage cutbacks in federal aid--do not bite too deeply, and the ART makes strides towards getting more students into the Loeb--perhaps by further reducing the price of the already dirt-cheap student pass--future seasons are likely to show that Brustein and Harvard were prescient in teaming...