Word: perms
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Dates: during 1980-1989
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Last month the blue-chip banking fraternity received another blow when Perm Square Bank, a small and poorly managed Oklahoma City lender, folded after having invested heavily in risky oil and gas ventures. Penn Square's lending had been supported by, among others, Continental Illinois, the sixth largest commercial bank, Chase Manhattan and Seafirst Corp. of Seattle...
...start of business early last week, depositors crowded into the lobby of Oklahoma City's Perm Square Bank and patiently stood in line to take out all their money. Still more customers waited outside so that they could also withdraw their funds. Penn Square was in the process of becoming the 22nd bank in the U.S. to collapse this year...
...summer beach, with a third figure watching anxiously; a final campfire rendezvous full of elegy and accommodation. By this time the film has almost stitched itself back together, like the tattered American flag that Penn uses as bunting for his characters' shifting spirits. But the red of Perm's anger and the white of Tesich's soul may end up leaving most viewers blue. -By Richard Corliss
Significantly, perhaps, federal courts still ban cameras of any sort. The reason, says Perm's Gerbner, is that federal judges are appointed for life. Unlike state judges, many of whom face reelection, they do not stand to gain from television exposure, however brief. As recently as last October, the Judicial Conference of the U.S. reaffirmed its stand against cameras in federal courts as an inherent threat to fair trial. Almost 20 years ago, former Chief Justice Earl Warren told Friendly, then with CBS, that televison cameras would be on the moon before they would get inside the Supreme Court...
...giving up his partnership at the prominent New York labor law firm of Battle, Fowler, Jaffin, Pierce & Kheel with a salary reported to be more than $100,000, vs. $69,630 at HUD. Says Pierce: "Frankly, I had to think about that." He discussed it with his wife Barbara Perm Wright, a physician with the Metropolitan Life Insurance Co., and after a meeting with Reagan in California, finally decided to accept...