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Indeed, the outlines of a new, potentially stronger one are already emerging. Many timid, superprudent banks have been pushed to innovation and aggressive marketing. Says John Medlin, president of North Carolina's Wachovia Bank ($8 billion): "You find more risk taking, more motivation and more financial entrepreneurship." Notes Leonard Weil, president of California's Mitsui Manufacturers Bank: ($1.7 billion): "Despite all the dark suits worn by its leaders, banking is a very dynamic industry." Bankers have rolled out dozens of new services ranging from discount-catalog shopping to home-equity accounts that allow consumers to write checks based...

Author: /time Magazine | Title: Banking Takes a Beating | 12/3/1984 | See Source »

...Timid escalator riders who look twice before taking their first step will soon have something new to worry about. After years of trying, Mitsubishi Electric has developed a moving staircase that carries passengers not just up or down in a straight line but through a graceful, sweeping arc. The first two circular escalators will be installed next March in a shopping mall in Tsukuba, Japan. Cost: $325,000. A pair of conventional models, by contrast, costs...

Author: /time Magazine | Title: Technology: Up, Up and Around | 11/12/1984 | See Source »

...both candid and prescient: "In my judgment, the President got very tired at the end. He seemed quite disorganized in his closing remarks." The public felt that way too about the first debate. The widespread distress at Reagan's lackluster performance shook the press from its initial timid opinion that Mondale had won a narrow victory on "the debating points...

Author: /time Magazine | Title: Newswatch Thomas Griffith: From Monitor to Public Echo | 11/12/1984 | See Source »

Standing awkwardly behind a microphone in a new suit and tie, he looked like a timid substitute teacher or possibly a computer whiz before a job interview -anything but what he really was: the uncompromising leader of Nicaragua's pro-Marxist Sandinista regime. Comandante Daniel Ortega Saavedra, who is running in his government's first presidential elections on Nov. 4, spent the past two weeks stumping across the U.S. Accompanied by his wife and an entourage of eleven Nicaraguan officials and ten Secret Service men, Ortega was attempting to woo Americans away from President Reagan's anti...

Author: /time Magazine | Title: Public Relations: Comandante in mufti | 10/22/1984 | See Source »

...course of learning to write a check, plant cotton and punish her son for smoking in school--all in the face of a world controlled by white males--Edna evolves from the once timid wife to a woman fully aware of the limitations and prejudices of her world. With the help of Moses, she struggles against and ultimately overcomes the veil of ignorance which her community uses to keep women and all minorities in their place...

Author: By Molly F. Cliff, | Title: Local Heroes | 10/5/1984 | See Source »

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