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...opened primarily to finance trade between their countries and the U.S., or to serve multinational corporations and people who speak the same language as the bank's officers. Some still cater to an ethnic clientele. But, says Ekkehard Bellinger, executive vice president of the Munich-based Bayerische Hypotheken-und Wechsel-Bank, which opened in New York last summer, "once we are here, it is logical for us to generate our own business with clients who have nothing to do with Germany." Moreover, though they will not say so out loud, some foreign bank officers consider American bankers an unenterprising...

Author: /time Magazine | Title: Business: Chasing the U.S. Dollar | 4/3/1978 | See Source »

Richard Wagner has not been particularly well served at the Metropolitan Opera in recent seasons. One reason, to give the Met the benefit of the doubt, is that neither Tristan und Isolde nor the Ring cycle makes much sense without Heldensoprano Birgit Nilsson, who has been away from the U.S. for several seasons and gives no sign of returning. Last week the Met considerably shored up its Wagnerian wing with a new production of Tannhäuser that was spectacular to behold, breathtaking (with one major exception) to hear and immensely satisfying in the way it made dramatic sense...

Author: /time Magazine | Title: Music: A Sensuous, New Tannh | 1/2/1978 | See Source »

...more than a century, Austrian citizens have dutifully doffed their hats to Post-und Fernmeldezentralinspektoren, bowed and scraped before the lofty Regierungsveterinärkommissäre and contorted their tongues addressing Werkstättenobermanipulanten. The bearers of these grandiloquent honorifics, which date back to the Habsburg dynasty, are actually low-ranking civil servants employed in the somewhat less than regal jobs of postal inspector, livestock inspector and repairman...

Author: /time Magazine | Title: AUSTRIA: No Longer Entitled | 12/12/1977 | See Source »

...government has stopped short at downgrading its diplomats, however; Austrian envoys will be permitted to insist that their colleagues abroad continue to use the traditional form of address: Ausserordentlicher und Bevöllmächtigter Botschafter, or Ambassador Extraordinary and Plenipotentiary...

Author: /time Magazine | Title: AUSTRIA: No Longer Entitled | 12/12/1977 | See Source »

According to this thesis, "Hitler's was unquestionably the authority behind the expulsion [of the Jews]; on whose initiative the grim procedures at the terminal stations of this miserable exodus were adopted, is arguable." Irving believes that Heinrich Himmler und the SS "pulled the wool over Hitler's eyes," keeping him in ignorance even while the gas chambers were working at capacity. It is also possible, the author argues, that the Führer possessed a familiar characteristic of heads of state-a conscious desire "not to know", what in a later era was called deniability...

Author: /time Magazine | Title: Books: Just an Ordinary Man | 5/2/1977 | See Source »

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