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...Christian Science is further beset -- by doctrinal tumult. Last month many members of the faith were shocked when sedate reading rooms around the world began displaying a book that had been deemed unsound by church officialdom more than four decades ago. The Destiny of the Mother Church, by Bliss Knapp, claims that the faith's 19th century originator, Mary Baker Eddy, was virtually a second Christ. This flies in the face of Eddy's own claims to be no more than the inspired founder and leader of the movement. Official publication of the volume has led to a rare outburst...

Author: /time Magazine | Title: Tumult in The Reading Rooms | 10/14/1991 | See Source »

...unusually malicious nature of the crime also points to an anti-Semitic motive. While the vandals left the sukkah structurally unsound, they gave no warning signals. There were no scrawled slogans, no spray-painted swastikas. There was not even any damage to the cloth walls or the bamboo roof. Such damage would have been easier to do, and would have sent a clear expression of hatred...

Author: By Lori E. Fein, | Title: An Act of Racism | 10/3/1991 | See Source »

...Associated Press poll released last week, 55% of the 1,000 adults surveyed called the banking system unsound, vs. 38% who said it was on a solid footing. If mergers are done well, they could go a long way toward shoring up the sagging system. But even well-run giants must guard against sacrificing the services and personal touches that are part of America's banking heritage...

Author: /time Magazine | Title: Finance: The Large Economy | 7/15/1991 | See Source »

...government three years ago. For Neil Bush, 36, an outside director of Silverado from 1985 to 1988, the development marks the latest setback in his ill-starred business career. Last April, in a separate action, the Office of Thrift Supervision formally reprimanded him for engaging in "unsafe" and "unsound" practices involving conflicts of interest...

Author: /time Magazine | Title: BAILOUTS: $950 Million To Go: $950 Million To Go | 6/10/1991 | See Source »

...collapse of Denver's Silverado Banking, Savings & Loan Association will cost taxpayers more than $1 billion. Last week a major figure in that disaster, presidential son Neil Bush, was judged to have engaged in "unsafe or unsound practices and breaches of his fiduciary duties involving multiple conflicts of interest." In making that pronouncement, Timothy Ryan, director of the Office of Thrift Supervision, ruled that if Bush again serves as director of a financial institution, he must seek legal advice on his responsibilities, disclose potential conflicts of interest and abstain from voting on matters in which he has a personal stake...

Author: /time Magazine | Title: Banking Unsound Practices | 4/29/1991 | See Source »

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