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...cushion themselves against a rise in sour loans as the U.S. economy slumps, many banks are increasing their capital reserves. For example, Citibank said last week it has more than quadrupled its reserve for losses on commercial loans from $59 million a year ago to $283 million. Banks are also clamping down on new lending. But while these moves will strengthen the banks, tighter capital is beginning to put the squeeze even on healthy industries...

Author: /time Magazine | Title: BANKING: Not Made Of Money | 10/29/1990 | See Source »

Might sound like sour grapes--if you did not see the game. The Crimson (4-6-1) flew by the Eagles defenders, shut down any B.C. attack and controlled the ball with perhaps its best play of the season...

Author: By John B. Roberts, | Title: M. Booters Denied by Boston College, 1-0 | 10/25/1990 | See Source »

...business alone does not a marriage agreement make. The lingering sour taste of a failed previous marriage prompts many couples to try to anticipate all the obstacles ahead on the next try. Couples in interfaith marriages often predetermine the religious upbringing of their prospective children. Two- income couples spell out the conditions under which they will relocate for a spouse's career. For every sublime consideration, there is a matching ridiculousness. One New York City couple were so determined to divide expenses equally that their contract stipulated that they would split the $3 toll when crossing the George Washington Bridge...

Author: /time Magazine | Title: Living: What Price Love? | 10/15/1990 | See Source »

...guilty of conflicts of interest as a director of Denver's Silverado S&L, which collapsed in 1988 at a $1 billion cost to the U.S. Bush insisted that he had done nothing wrong when he and the board committed more than $100 million in loans -- which later went sour -- to developer Bill Walters, one of Bush's business partners...

Author: /time Magazine | Title: Hear No Evil, See No Evil | 10/8/1990 | See Source »

Worse yet, the SPR, unlike similar European reserves, contains 65 percent high-sulfur "sour" crude, which requires more sophisticated refining. With the takeover of Kuwait, the U.S. lost one of its primary refining centers. This means American refineries will have to take up the slack...

Author: By John A. Cloud, | Title: When Good Politics is Bad Policy | 10/6/1990 | See Source »

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