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...disasters surprised no one in Venezuela, where banking collapses have become periodic rituals, the economy has fallen into ruin and public cynicism is pervasive. Over the past 15 months, 16 private banks have failed and been nationalized. The government has picked up the tab for $7 billion in losses, equivalent to 16% of last year's GDP. Charges of financial irresponsibility, corruption and outright theft are flying. Arrest warrants have been issued for more than 100 people in connection with the collapses, and dozens of financiers are believed to have fled the country. President Rafael Caldera has charged that...

Author: /time Magazine | Title: BANKING: WE'RE ALL GOING TO PAY | 2/20/1995 | See Source »

...Miami 17 29 .370 19.5 5-5 W1 12-11 5-18 13-17 Philadelphia 14 34 .292 23.5 2 -8 L2 7-17 7-17 8-25 Washington 11 34 .244 25 3-7L6 6-15 5-19 8-21 Central W L Pct GB Tab>L10Streak Homes Away Conf. Charlotte 31 17 .646 -- 7-3W1 18-6 13-11 23-11 Cleveland 28 19 .596 2.5 5-5L1 15-9 13-10 20-10 Indiana 27 19 .587 3 6-4 L 1 17-5 10-14 19-12 Chicago...

Author: NO WRITER ATTRIBUTED | Title: NBA | 2/13/1995 | See Source »

...estimate, Californians have suffered $32 billion in disaster damages just since 1989. Even in an off year like 1991 -- the Oakland fire storm, a deep freeze, a drought -- the catastrophe tab came to $3 billion. Enter this, the first setback of 1995, into the ledger then, and it looks like a drop in the bucket, the past being prologue...

Author: /time Magazine | Title: And Now This | 1/23/1995 | See Source »

...attitude toward the big purple dinosaur, might actually call that a step forward. The race for the symbolic high ground has begun. Newt Gingrich has complained that public television is elitist and just a "sandbox for the rich," and that Joe Taxpayer should not have to pick up the tab anymore. Public-TV executives, who will argue their cause this Thursday at a House Appropriations Subcommittee hearing, have responded by casting themselves as champions of the common man -- and the common kid. Good grief, Newt Gingrich wants to do away with Big Bird...

Author: /time Magazine | Title: TELEVISION: Mom, Apple Pie and PBS | 1/23/1995 | See Source »

There's no doubt that real estate prices in the Square are only rising, and perhaps only upper-crust eateries like 8 Holyoke (A Grille, wouldn't you know it) can pay the tab. The problem is that students can only afford to patronize places like 8 Holyoke once in a while, Even fast-food offered by Au Bon Pain puts a significant pinch on one's pocket money. We need inexpensive, high-quality food that can be prepared in a hurry--a commodity Elsie's had no trouble providing...

Author: By The CRIMSON Staff, | Title: Mourning the Passing of Elsie's | 1/13/1995 | See Source »

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