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...their own fight for survival, banks have had to foreclose on loan after loan. But in many cases the foreclosures have not prevented banks from failing. Says James McDermott, senior vice president of Keefe Bruyette & Woods, a Wall Street investment firm that specializes in bank stocks: "The farm-belt mom-and-pop banks are in a state of crisis...

Author: /time Magazine | Title: Caught in the Middle | 2/18/1985 | See Source »

...past secretaries. One in Block's office told her, "Honey, there's not enough money in the U.S. Treasury to bail out all the country's farmers." Predicts Elizabeth: "If and when the farm goes for sale--and I think it's when--Dad will probably die and Mom will go bonkers, and I am suing the U.S. Government for bringing this evil on this family...

Author: /time Magazine | Title: Clinging to the Land | 2/18/1985 | See Source »

...National Lampoon's Animal House revived the teenpix genre, rites of passage have become Kabuki rituals: popping zits, snapping towels in the locker room, dancing in the streets, ogling the girls in the shower, getting crazy drunk and tearing up the strip in a "borrowed" Porsche and grossing out Mom and Dad. Sentient adults must unite to cry: Enough already! The glandular convulsions of adolescence are just not interesting or complex enough to sustain the plots of half a hundred Hollywood films each year...

Author: /time Magazine | Title: Cinema: Is There Life After Teenpix? | 2/18/1985 | See Source »

Even those Americans who ordered fish in restaurants used to be reluctant to cook it at home, believing that it was difficult or unpleasant to handle. Now that prejudice is fading. The small, ethnic, Mom and Pop fish stores are disappearing from large cities, but they are being replaced to some extent by Korean-operated shops and elaborate seafood departments in supermarkets. Grand Union has had Graphic Designer Milton Glaser give special attention to its new seafood departments, with lots of white tile and ice for whole and cut fish. The results are good, according to Steve Osder, director...

Author: /time Magazine | Title: Food: Just Name Your Poisson | 2/18/1985 | See Source »

What conclusions are these TV treatises reaching about the family problems they tackle? One message is distressingly familiar: Mom and Dad, more often than not, are at fault. If parents have not overtly caused the problem (like the molesting father in Something About Amelia), they are, at the very least, insensitive or inattentive to the gathering storm clouds. In Not My Kid, the fact that the parents are completely surprised to learn of their daughter's drug problem is seen as proof that they have fallen down on the job. They are forced to send her to an institution, where...

Author: /time Magazine | Title: Video: Troubles on the Home Front | 1/28/1985 | See Source »

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