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American financial institutions, however, are now going national. Despite laws like the 1927 Pepper-McFadden Act, which forbids banks to set up branch offices outside their home states, moneymen are spreading out from coast to coast. New financial supermarkets such as Sears and Shearson/American Express are offering a wide variety of banking services, and traditional firms, ranging in size from San Francisco's BankAmerica (assets: $124 billion) to General Bancshares of St. Louis ($1.8 billion), are roaming far outside their old territory. Consumers are likely to reap better services and lower prices from the resulting competition...

Author: /time Magazine | Title: Banking Goes National | 2/13/1984 | See Source »

...machine with rubber belts placed across the stomach and chest, electrodes attached to the fingertips and a blood-pressure cuff wrapped around the arm. The sensors measure pulse rate, blood pressure, breathing and perspiration as the subject answers a series of yes-or-no questions. Explains Sergeant Michael McFadden of the Washington police department: "There's always a fear attached when somebody lies, and that causes a physical reaction that can be read." Professional polygraphers say their tests are reliable in more than 90% of the cases if interpreted by a competent examiner. But University of Minnesota Professor David...

Author: /time Magazine | Title: Wired Up | 8/29/1983 | See Source »

...staff members of the Office of Policy Development did the research and first draft. But, the White House says, Reagan reviewed the material and polished it. The nonprofit Human Life Review, which has a circulation of some 10,000, did not pay the President, nor, according to Editor J.P. McFadden, was Reagan edited. McFadden suggested last summer to presidential aides that Reagan contribute an essay, and the manuscript arrived in the magazine's New York office only five weeks...

Author: /time Magazine | Title: Presidential Pen | 5/9/1983 | See Source »

...common quality. It is a painstaking, brooding, almost mystical devotion to perfection in craftsmanship and thoughtfulness in art. The effort is focused on the home because for many snowed-in months there is no other place to focus on. Says Cooper-Hewitt Curator of Decorative Arts David Revere McFadden, who organized the show: "Whether they are made by hand or machine, Scandinavia's virtuoso designs are both art and craft. Distinction between the two would merely spoil our joy of appreciating them...

Author: /time Magazine | Title: Design: Century of Scattered Flowers | 9/20/1982 | See Source »

About 40 writers contributed to the project, including such notables as Commentator Jeff Greenfield of CBS, Novelist Cyra McFadden and Business Reporters Andrew Tobias and Chris Welles. Every story was read by a lawyer, but the editors are seeking $1 million worth of libel insurance. Thus far, there has been no protest from the chief target of the gibes, the Journal itself, perhaps because the paper is inured to annual imitation by The Bawl Street Journal, produced by the financial community's Bond Club of New York. Much fun is had with the bucket-thumping editorial-page style...

Author: /time Magazine | Title: Off the Wall | 3/29/1982 | See Source »

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