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There is no doubt, though, that if Lilco or any other major utility declared bankruptcy, the ripples would spread through the financial community. Just one bankruptcy, says Analyst Liu, would "cost the entire industry its credibility." Bank credit, already difficult to obtain because of heavy risk, would dry up altogether. The various state public service commissions would move in and run the reorganized, bankrupt utilities. Whatever happens, says Francis Rivett, a spokesman for the New York PSC, "the lights...

Author: /time Magazine | Title: Generators of Bankruptcy | 7/23/1984 | See Source »

...soon as it learned of the security breach, and it was not known how much damage, if any, had been done by unauthorized use of credit information. The potential was immense. Using the password, plus other easily available information, a person could display anyone's credit history to obtain credit-card numbers. Those could be used to order merchandise by mail...

Author: /time Magazine | Title: Crime: Case of the Missing Password | 7/2/1984 | See Source »

Some observers speculate that Sir Jimmy's bid for Continental is just an attempt to make a quick profit. According to them, Goldsmith may be out to scare Continental's management into buying back his shares if he should obtain a large block of stock...

Author: /time Magazine | Title: Takeovers: Sir Jimmy's $2 Billion Move | 6/18/1984 | See Source »

...never doubt them; they represented precisely what we wanted, and not just at Harvard. ROTC became a target of nationwide protest, and students struck against university expansion from People's Park to Morningside Heights. We were willing to risk expulsion, police beatings and jail in order to obtain precisely these two concessions from Harvard University. On one level, it is clear why. ROTC and expansion were the closest embodiments at Harvard of what we believed were the crimes of the nation. Harvard was there in evident unholy union with the military; whites were removing Blacks from their homes. There...

Author: By Richard E. Hyland, | Title: Getting the questions right | 6/7/1984 | See Source »

Other students agree with Bok that the existing system is overly constricting and interferes with the ability of students to obtain a broad, liberal arts education. "I think they [medical school graduates] will be great researchers, but I don't think they know what medicine is about," says Gabriela Feuria '84. Feuria majored in Biochemistry...

Author: By Robert M. Neer, | Title: Making med school easier to swallow | 6/7/1984 | See Source »

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