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...racketeering charges, his workdays may become devoted to legal defense. Drexel could ask him to resign or take a leave of absence, while the investment firm would pay a fine to settle its own charges. The company has set aside more than $500 million for legal costs, and could spare $1 billion without dipping into its bare minimum of capital. Under racketeering charges, the Government could freeze so much of Drexel's assets that the company would be paralyzed, but prosecutors may want to avoid a punishment that would cost innocent workers their jobs. Drexel is taking no chances...

Author: /time Magazine | Title: A Heap of Woe for the Junkman | 12/5/1988 | See Source »

Under Secretary of Treasury for Finance. One out of every six savings and loans has gone bankrupt, and the Treasury Under Secretary will have to concoct a plan to raise $60 billion to bail them out. In his spare time he will oversee the so-called Baker Plan for easing the Third World debt crisis and coordinate efforts to steady the unstable dollar...

Author: /time Magazine | Title: Nine Jobs to Watch | 11/28/1988 | See Source »

Some will head home today, others will visit friends or relatives, and Harvard Dining Services is ready to approximate home cooking for about 350 students who can't spare the time or the plane fare to get the real thing...

Author: NO WRITER ATTRIBUTED | Title: House Kitchens Will Prepare Feasts | 11/23/1988 | See Source »

Karossy, the first Hungarian allowed to study in the United States, is currently enrolled in the usual 12 first-year classes at the B-School, and takes ballet and jazz dance classes in her spare time...

Author: By Matthew C. Moehlman, | Title: From Marxism to Marketing | 11/4/1988 | See Source »

...typical of Sontag that she would turn a personal preoccupation into an occasion for larger reflections. Her collected work is a map of her consuming passions: the French writer Roland Barthes, the German critic Walter Benjamin, the filmmaker Jean-Luc Godard. (In her spare time, she has directed four films abroad.) All her work aims at defining a vaporous but crucial notion, the modern sensibility. She combines a metropolitan taste, omnivorous and hard to satisfy, with a transatlantic mind, drawn to European writers and filmmakers. Often she discusses them in the European form of fragments and epigrams. "I get impatient...

Author: /time Magazine | Title: SUSAN SONTAG: Stand Aside, Sisyphus | 10/24/1988 | See Source »

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