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Lawyers for the banks often have trouble building a defense because juries tend to sympathize with the borrowers. The courts are increasingly holding bankers not just to the technicalities of their written contracts but to their verbal commitments as well. As a result, banks have grown more and more cautious...

Author: /time Magazine | Title: You're Foreclosing? I'm Suing! | 5/9/1988 | See Source »

"Motorcycling had a bad image prior to the 1960s--a marginal sort of image, perpetrated and supported by movies like the Marlon Brando film, 'The Wild One,'...about an alienated kid who confronted his hostility by being part of this motorcycle gang that goes into a small town and causes...

Author: By A. LOUISE Oliver, | Title: The Art of Motorcycle Photography | 4/22/1988 | See Source »

First, I make it clear in my letter why I prefer the term "neoracist" rather than Glenn Orenstein's "condescending" to characterize Matthew Joseph's silly suggestion that Jesse Jackson's presidential campaign is out of order. I said that 1) the constitutional norms allow Jackson's campaign; 2) the...

Author: NO WRITER ATTRIBUTED | Title: Neoconservatives | 4/21/1988 | See Source »

I tip my hat also to Glenn Orenstein for his critique of Matthew Joseph's silly suggestion that Jesse Jackson is intrinsically barred from a presidential race. Jackson's campaign is constitutionally legitimate and is essentially a campaign to further political inclusion of weak and marginal strata, Blacks being prominent...

Author: NO WRITER ATTRIBUTED | Title: Racism | 4/19/1988 | See Source »

Boost taxes on the highest incomes. The top marginal tax rate could be increased from 28% to a uniform 33%, which is already paid by some upper- middle-income households. That is still far less than the 50% top rate that prevailed before tax reform. $14.1 billion

Author: /time Magazine | Title: Time's Proposal Yes, It Can Be Done | 2/29/1988 | See Source »

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