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...When banks looked for borrowers elsewhere, they ran into one bad risk after another, most notably the Third World countries. Says Katherine Hensel, a banking analyst for Shearson Lehman Hutton: "Just look at the legacy here. On the heels of the ((Third World)) debt problem, other pieces of the pie are beginning to fall apart for banks, such as real estate, LBOs and other highly leveraged transactions. These were pieces of the puzzle that were supposed to generate solid returns of capital. But the pieces aren't working. The banks just never had a period for a breather...

Author: /time Magazine | Title: Breaking The Bank: FDIC is low on cash and may need a bailout | 9/24/1990 | See Source »

...recent cookbook publishing, but Paul Prudhomme's blackened everything has overshadowed the basics such as red beans and rice and pralines. Justin Wilson, who has a Cajun-cooking show on PBS, has remedied that with his humorous tome, Homegrown Louisiana Cookin' (Macmillan; $19.95). Biscuits, Spoonbread, and Sweet Potato Pie by Bill Neal (Knopf; $19.95) serves the same purpose for Southern baking. It is comprehensive and sparingly illustrated...

Author: /time Magazine | Title: Books: Beyond The Perfect Pot Roast | 8/20/1990 | See Source »

...every overcooked piece of meat. But in Cooking from Quilt Country by Marcia Adams (Potter; $24.95), this excessively hearty cuisine gets lightened up. The recipes from Amish and Mennonite families in Indiana are less daunting to the cholesterol conscious. But how can there be an Amish cookbook without shoofly pie, that gooey + concoction of molasses and brown sugar? And I still have never found a good recipe for the peach tart that Grandma Fultz used to make in late summer...

Author: /time Magazine | Title: Books: Beyond The Perfect Pot Roast | 8/20/1990 | See Source »

...White House, in which the affairs of government are seen through the eyes of mice, bugs and other critters roaming around the place. A cartoon, of all things. Network executives, Bochco recalls, greeted his suggestion with all the warmth that Sylvester used to display toward Tweety Pie. "They said, 'What, are you crazy? Take...

Author: /time Magazine | Title: Show Business: What's Up, Doc? Animation! | 8/6/1990 | See Source »

...markets -- in videocassettes, in pay, cable, network and syndicated TV, and in all those markets around the world." Murphy notes that 10 years ago, theater grosses represented 80% of worldwide revenues; today they are only 30%. "And even taking out inflation, 30% of the 1990 pie is bigger than 80% of the 1980 pie." So there is less riding on the weekly theatrical tally. A film's main job is to establish itself as something the public wants to consume in the future, where the real money is. This long shelf life can persuade a studio to pay $3 million...

Author: /time Magazine | Title: Cinema: If It Worked Before, Do It Again | 7/30/1990 | See Source »

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