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...Indian and Pakistani families and small businesses. The outraged depositors included some 60 municipalities that had placed as much as $160 million of public funds in B.C.C.I. accounts. Customers may have to wait months to receive what is insured under British law: 75% of their money, up to a maximum of (pounds)15,000, or $24,000 at current exchange rates. Shaken B.C.C.I. depositors jammed hastily arranged telephone hot lines, some manned by fluent speakers of Hindi, Urdu and other Asian languages, with calls for advice. At the same time, many of the 1,200 B.C.C.I. employees who lost their...

Author: /time Magazine | Title: Scandals: Taken for a Royal Ride | 7/22/1991 | See Source »

Elmore Leonard controls more assets than a Mafia don. He possesses a gift for lowlife dialogue, a thorough knowledge of underworld mores and a mastery of high-tension narrative. What he does not have is a gift for whimsy, and that, alas, is the chief ingredient of Maximum Bob (Delacorte; 295 pages; $20). The title character is a sleazoid Florida judge who likes to hit on lady cops and hand out heavy sentences. Someone tries to ice Maximum Bob with a unique weapon: a hungry alligator. There is a long enemies list, including Leanne, the judge's loony wife; Dale...

Author: /time Magazine | Title: Summer Reading | 7/1/1991 | See Source »

Gallagher attended a small private prep school, Catherine Branson School, which had "a maximum of 320 students at any time" and whose environment was much different from Harvard's. Something was missing. The "anti- intellectualism" in his home state which first made him look East, where he says he's "encountered less here," was pervasive in high school...

Author: By Liam T.A. Ford, | Title: Speaking Loudly and Carrying a Big Stick | 6/6/1991 | See Source »

Suppose that Harvard's environmental brass learn that Cambridge's drinking water has been contaminated with levels of carcinogens exceeding the maximum limits set by the Environmental Protection Agency...

Author: By Joshua M. Sharfstein, | Title: An Unhealthy Secrecy | 5/8/1991 | See Source »

...concept of compromise, the lifeblood of Western-style democracies, has not made much headway with the Soviet Union's combative political leaders. To them the idea of settling amicably for something less than their maximum demands still smacks of irresoluteness and a lack of ideological purity. Such rigidity is the kind of shortcoming experts point to when they talk about the need for a more developed "political culture" in the U.S.S.R...

Author: /time Magazine | Title: Soviet Union: Why Are These Men Smiling? | 5/6/1991 | See Source »

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