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More than President Reagan or anyone else, Federal Reserve Chairman Paul Volcker caught the blame for the 1981-82 economic downturn. Now he is in danger of becoming the villain of Volcker Recession II. To prevent that unsavory sequel from materializing, the Federal Reserve Board has softened the tight-money stance it adopted earlier in the year and is letting interest rates fall. As a result, by last week a bidding contest was under way as banks rushed to drop the prime rate that they charge corporate borrowers. First New York's Citibank led a group of institutions that...

Author: /time Magazine | Title: Trying to Puff Up the Sails | 12/10/1984 | See Source »

When Antonio (Lewis Goldman) and Bassanio (Tony Klein) approach Shylock for Antonio's loan, the ambiguity is compounded. Although everyone is supposed be prosperous, Antonio needs a loan and "begs' Shylock while calmly smoking cigarette in the "villain's" face...

Author: By Jennifer A. Kingson, | Title: Lost in Time | 12/6/1984 | See Source »

...audience at the Bridger Elementary School in Portland, Ore., is even tougher when a friendly man in a nice suit latches on to a little boy and growls, "I gotcha!" The roomful of first-graders turns thumbs down, but not on the villain. They think the boy has made himself too easy a mark. He gets higher grades in a rerun by standing back and shouting, "Let me alone!" as the man, played by Teacher Jon Merritt, tries to lure him into a make-believe...

Author: /time Magazine | Title: Education: Facing Up to Sex Abuse | 11/12/1984 | See Source »

...cases, the culprit is a mystery virus that can be identified only by a process of elimination: when tests confirm that it is neither Type A nor Type B hepatitis, a diagnosis of nonA, non-B is made. For years scientists have sought to find the unseen villain. Last week researchers at the Food and Drug Administration announced a breakthrough...

Author: /time Magazine | Title: Medicine: Breakthrough: Hepatitis Virus Detected | 11/5/1984 | See Source »

...handsome Israeli hero Joseph, Yorg Voyagis is slightly leaden. His and Charly's love affair is sacrificed to the more explosive aspects of the plot, so that when Charly says she loves him, it leaves us cold, Sami Frey as the crazy Khalil is a terrific villain whose wild, rolling eyes belie a steel trap of a mind...

Author: By Mollv Chff, | Title: Terrorists in Love | 11/1/1984 | See Source »

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