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...BankAmerica is using a stock swap to acquire Los Angeles rival Security Pacific in a deal that will create the second largest U.S. banking company after Manhattan's Citicorp. In a similar transaction, Chemical Banking is exchanging $2.3 billion of its shares for the stock of New York City neighbor Manufacturers Hanover. "Debt has become a bad four-letter word," says Benjamin Griswold, chairman of Alex. Brown & Sons, the oldest U.S. investment banking firm...

Author: /time Magazine | Title: Wall Street The Dealers Return | 9/16/1991 | See Source »

First of all cheating on the type of test we take is simply not that helpful. Smuggling in a cheat sheet or peeking at a neighbor's paper just doesn't help that much on essay questions in the humanities, where you are graded on the ability to quickly string together an argument from a semester's worth of reading and lectures. In many science exams, professors allow you to bring in a page of notes, but I have never found that too helpful. You have to be able to apply the formulas to the problems, a skill that...

Author: By William H. Bachman, | Title: A Matter of Trust | 9/13/1991 | See Source »

...room that first year was in Child Hall. Imagine my boundless enthusiasm upon learning this was an infamous "Walter Gropius building." It was the smallest single I've ever seen--with a wooden plank instead of a box spring frame and walls so thin my next door neighbor regularly could wake me with his snoring...

Author: By David M. Johnson, | Title: He Wouldn't Do It Over Again | 9/11/1991 | See Source »

...moral defectives of the schoolyard jumping up and down on the social contract is evidence that America is not entirely a society of grownups. A drama in Encino, Calif.: a lawyer named Kenneth Shild built a basketball court in his yard, 60 feet from the bedroom window of a neighbor, Michael Rubin, also a lawyer. The bouncing of the basketball produced a "percussion noise that was highly annoying," according to Rubin, who asked Shild and his son to stop playing. Shild refused, and Rubin, knowing that his rights allowed him to take action to stop a nuisance, sprayed water from...

Author: /time Magazine | Title: A Nation of Finger Pointers | 8/12/1991 | See Source »

...This type of killer, says Ressler, generally comes from a broken home, has had poor parenting and/ or was abused early in his life, usually doesn't marry, is often an alcoholic or drug addict and can be suicidal. Dahmer -- who according to his father was molested by a neighbor boy at the age of eight, though Dahmer himself denies it -- seems to fit most of these criteria...

Author: /time Magazine | Title: Milwaukee Murders: Did They All Have to Die? | 8/12/1991 | See Source »

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