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...billion of capital to cushion losses, for example, while the S&L industry was virtually broke throughout the 1980s. Seidman told Congress that taxpayer funds would not be needed to finance bank bailouts under current economic conditions. But he added that "it is certainly not beyond the realm of possibility that taxpayer money will be needed" if conditions deteriorate sharply...

Author: /time Magazine | Title: Special Report: Crisis in Banking: Requium for a Heavyweight | 1/21/1991 | See Source »

...political realm that the wave of immigration is likely to have its most profound impact. Already Labor and Likud are vying for the allegiance of the newcomers, and the outcome of their fierce political courtship could be decisive for the Jewish state, determining whether it continues on a collision course with its neighbors and world opinion. Acknowledges Labor party leader Shimon Peres: "Soviet Jews may decide which way the country goes...

Author: /time Magazine | Title: Israel: A Tide of Hope | 1/14/1991 | See Source »

Elvis (ABC). In the realm of unpromising ideas, this one looked like a lulu: the King's early life recounted in half-hour chunks of musical docudrama. The surprise was that star Michael St. Gerard created a character, not just an Elvis impersonation, and the short-lived series was a lovely evocation of the American show-biz myth...

Author: /time Magazine | Title: Best of '90: TV | 12/31/1990 | See Source »

...subjecting material to his own standards, the employee practiced self-aggrandizement, stepping far outside the realm of his command...

Author: By Albert Y. Hsia, | Title: Business Should Come First | 12/12/1990 | See Source »

Henry Louis Gates Jr. agrees: "Joining mood rings and Earth Shoes, `political correctness' has now entered into the realm of the merely facetious...After all the shouting is over, is it too much to hope that the real conversation, long deferred, may begin...

Author: By J.d. Connor, | Title: The Myth of 'Politically Correct' | 12/11/1990 | See Source »

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