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...loaded down with loans that it must spend fully 50% of its pretax earnings on interest payments, vs. 32% in 1980. "The major issue facing the nation is that people and companies can't live off debt indefinitely," says Louis Masotti, a professor at the Stanford and Northwestern business schools...

Author: /time Magazine | Title: Forgive Us Our Debts, Please! | 6/18/1990 | See Source »

...womb. Harrison hopes that his technique can be used to correct other potentially fatal problems, including large lung or spinal tumors and certain heart conditions. Several experts echoed that optimism. "We're in a whole new era of fetal treatment," said Dr. Eugene Pergament, head of reproductive genetics at Northwestern Memorial Hospital...

Author: /time Magazine | Title: Medicine: Major Surgery Before Birth | 6/11/1990 | See Source »

Walesa, trailing both Mazowiecki and General Wojciech Jaruzelski in polls on who would best serve the country as President, stepped in last week and ended a rail strike in northwestern Poland. In doing so, he reasserted his claim to a pivotal political role and underscored the vulnerability not only of the Mazowiecki government but also of the country's hard-won economic reforms. For Mazowiecki, keeping Walesa's support may be almost as important as making sure that Poles do not run out of that most important of commodities: patience...

Author: /time Magazine | Title: Poland Living with Shock Therapy | 6/11/1990 | See Source »

...wretched example of white imperialism? Symbols deeply meaningful to one group can be a matter of indifference to another. ! Says University of Wisconsin chancellor Donna Shalala: "My grandparents came from Lebanon. I don't identify with the Pilgrims on a personal level." Christopher Jencks, professor of sociology at Northwestern, asks, "Is anything more basic about turkeys and Pilgrims than about Martin Luther King and Selma? To me, it's six of one and half a dozen of the other, if children understand what it's like to be a dissident minority. Because the civil rights struggle is closer chronologically...

Author: /time Magazine | Title: Beyond The Melting Pot | 4/9/1990 | See Source »

...Harvard endowment marked Kirkland and Ellis's third large gift to a major university in recent years. In 1985, the firm funded a chair at the University of Chicago. Last fall, it established a chair at Northwestern University...

Author: By Eryn R. Brown, | Title: Law Firm Endows $1.5M Chair; Harvard Hopes Others Follow | 4/4/1990 | See Source »

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