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Large U.S. banks argue that instead of blocking foreign investment, Congress should remove the regulatory shackles from American moneymen. In particular, they want changes in laws that prohibit U.S. banks from operating in more than one state, so that they too could buy American financial institutions. Says Chase Manhattan President Willard Butcher: "I would at least have liked the chance to bid on Crocker Bank." Thousands of small American banks, though, are expected to continue lobbying hard against any legislation that would permit large domestic banks to enter their markets. They are no more eager to be swallowed by Chase...

Author: /time Magazine | Title: Business: Invasion of Booty Snatchers | 10/6/1980 | See Source »

...month were affiliated with Harvard, and more than 7500 of them were less than 18 years old. If pro-life advocates wish to try to reduce those figures, they are guaranteed the right to present their point of view under the Constitution. The U.S. Court of Apppeals, however, should prohibit the state from backing them...

Author: NO WRITER ATTRIBUTED | Title: A Step Backwards | 9/24/1980 | See Source »

Police authorities in many big cities are trying to lower the death toll by devising departmental rules limiting the use of deadly force and by punishing patrolmen who go too far. Typically, the regulations prohibit such force except under extraordinary circumstances: for example, when a policeman believes that his life or someone else's is in jeopardy, or when there is no other way to stop a violent felony in progress. Many of these new codes are backed up by elaborate review systems that investigate each discharge of a police gun and call for disciplinary action or referral...

Author: /time Magazine | Title: Law: To Shoot or Not to Shoot | 8/18/1980 | See Source »

...university's admissions policy. In last year's Weber de -cision, the court upheld a quota in a private company's employee training program. Left unresolved, however, was the fundamental constitutional question: Does the "equal protection of the laws" guaranteed by the Fourteenth Amendment flatly prohibit government affirmative-action programs? In last week's case, six Justices said no. They upheld a 1977 congressional law that specified that out of $4 billion that the Government proposed to spend in helping states and localities finance public works, at least 10% had to go to contracting firms owned...

Author: /time Magazine | Title: Nation: Four Big Decisions | 7/14/1980 | See Source »

Only 150 protesters gathered in front of the Corporation building in April to protest the Corporation's decision to abstain on two resolutions which the ACSR had supported--one that would prohibit IBM from selling computers to the South African government and another that would set up a committee to review Caterpillar Tractor sales to the South African military...

Author: NO WRITER ATTRIBUTED | Title: More of the Same, But Different | 6/5/1980 | See Source »

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