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...corporate arena in which Japan's huge bankroll is prompting intense jitters is the U.S. financial-services industry. Tokyo's largest banks and investment firms, which already eclipse American companies like Citicorp (assets: $196 billion) and Merrill Lynch ($53 billion), openly aim to grab a large share of the U.S. financial marketplace. They have established a major beachhead in California, where four of the top ten banks are now Japanese owned: California First Bank, Sanwa Bank, Bank of California and Sumitomo Bank of California. On Wall Street, Japan's Sumitomo Bank shelled out $500 million for a 12.5% share...

Author: /time Magazine | Title: For Sale: America | 9/14/1987 | See Source »

While the movie doesn't achieve the full poetic vision of David Lynch's Blue Valvet, Tampopo does have a very different flavor to it not found in most, if any, American flicks. This unique feel stems from its Asian perspective on men and women, which is distinct from the Western perspective. Though Gun is set up to be a typical, macho western cowboy hero, he is no Pygmalion. The window Tampopo is neither a statue-like work of art nor an Adam's rib. She is closer to the archetypal woman warrior, strong and in control...

Author: By Michael D. Shin, | Title: Tampopo | 8/11/1987 | See Source »

...dales of America. Jones' energetic corps of 1,273 brokers, who almost never set foot in towns with more than 25,000 people, has enjoyed solid success in outposts from Spearfish, S. Dak., to Broken Bow, Neb., that such big-time competitors as Dean Witter Reynolds and Merrill Lynch have virtually ignored. Based in the St. Louis suburb of Maryland Heights, Jones ranks just 43rd among brokerage firms in total capital ($82.5 million), but no investment company is represented in more places. Jones has 1,227 offices in 37 states, covering most of the country except the Northeast. Second-ranking...

Author: /time Magazine | Title: Biggest Little Brokerage | 7/27/1987 | See Source »

...book tells of troubles in the E.F. Hutton neighborhood: slumping lemonade sales and rough times with kids like Merrill Lynch. Presenting a "vision of what we can be," the book urges employees to do "much more with much less." But the attempt at spirit lifting may backfire. "Disgusting," said an executive. "We would prefer to think that management could communicate with us in an adult fashion...

Author: /time Magazine | Title: EMPLOYEE RELATIONS: Color Them Embarrassed | 7/27/1987 | See Source »

...singing with the radio. Last year he stopped the music and began studying to become a stockbroker. "I made tapes of the texts and took notes while I listened on the drive to and from work," explains Jenson, who is now a broker in the Westwood office of Merrill Lynch. "It's amazing that I didn't hit anyone." Using the rear-view mirror, many men shave with electric razors and women often apply their makeup. Some people even dress behind the wheel. Janice Conover, a Hampton Jitney Co. bus driver who regularly plies the Long Island Expressway (popularly known...

Author: /time Magazine | Title: Living: Trapped Behind The Wheel | 7/20/1987 | See Source »

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