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...other mergers of the time, was cleared with three regulatory agencies, the Federal Reserve, the Comptroller of the Currency and the Federal Deposit Insurance Corp. The three agencies, following Congressional dictates set down in the bank merger act of 1960, approved any linkup in which community benefit seemed to outweigh the diminishing of competition. But in 1963, reviewing the case of a Philadelphia merger, the Supreme Court ruled that, regardless of economic benefit, a bank merger could still be a legal violation of the Clayton Antitrust...

Author: /time Magazine | Title: Government: How Not to Get Married | 2/18/1966 | See Source »

...first argument is a valid one. The embarrassment and ill will that would be generated by such a procedure would far outweigh the advantages of telling all. No personal comments should appear in the published report. The second argument, however, is less valid. Just as a newspaper reporter must get his point across without printing "off the record" information, the HPC need not violate confidence. And certainly, if department members are uncooperative, the HPC can obtain information easily enough elsewhere. In this University, little can be hidden from an industrious digger...

Author: NO WRITER ATTRIBUTED | Title: Those HPC Reports | 12/17/1965 | See Source »

Wining & Dining. In the Humphreys' case, the reasons for having a larger place are even more compelling. Under President Johnson, the Vice President has been given responsibilities for entertaining that far outweigh those of his predecessors; he must wine and dine visiting VIPs from mayors to maharajahs, yet Hubert and Muriel do well to pack 50 guests into their house for a stand-up cocktail party...

Author: /time Magazine | Title: The Vice-Presidency: A Home for Hubert | 10/1/1965 | See Source »

...political liabilities of the policy far outweigh the military advantages," he said. "I am once again convinced of the political obtuseness of the people like McNamara who are guiding our foreign policy...

Author: NO WRITER ATTRIBUTED | Title: Nausea Gas Sickens Six Professors | 3/27/1965 | See Source »

...mathematics of probability were irrelevant, and that Sinetar's probability factors were inadmissible as assumptions rather than facts. Sinetar, however, merely estimated the factors before inviting the jurors to substitute their own. And the public defender will not appeal because he found no trial errors strong enough to outweigh the strong circumstantial evidence. Convicted by math, Malcolm Collins received a sentence of one year to life. Janet Collins got "not less than one year...

Author: /time Magazine | Title: Trials: The Laws of Probability | 1/8/1965 | See Source »

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