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American financial institutions will remember 1984 not as the year of Big Brother but as the year of living dangerously. Last week the Federal Deposit Insurance Corporation closed down the insolvent University Bank of Wichita, bringing to 76 the number of insured banks that have folded this year. That is the largest crop of bank failures since the Depression year of 1938 but far short of the 4,000 bank collapses in 1933, when Congress set up the FDIC to restore confidence in the financial system...

Author: /time Magazine | Title: Banking: Setting a Dubious Record | 12/24/1984 | See Source »

James A. Letton Wichita, Kans...

Author: /time Magazine | Title: Super Sears | 9/10/1984 | See Source »

...attention to such trivia was a sure sign that the nation was in the midst of that sultry vacationtime when people-and news events-wind down. Some editors claim that the modern news business resists the seasonal lassitude. But consider the Wichita Eagle-Beacon, which played on Page One a wire-service tale proclaiming that some 8,000 Americans are injured each year by toothpicks. Consider especially the Milwaukee Journal, which gave front-page display to the theft from a clothesline of 21 socks that were drying in the sun. And what of the 22nd? Tune in next August...

Author: /time Magazine | Title: Journalism: Hail the Dog Days of Summer | 9/10/1984 | See Source »

...cost of the system--made by the Mycro-Tck company of Wichita, Kansas--was more than $70,000, paid for out of the Crimson's permanent improvement fund. The system was installed this week by Mycro-Tck technicians Mark Walker and Jeffrey Zuercher...

Author: NO WRITER ATTRIBUTED | Title: VDTs, Computers Revolutionize Crimson Newsroom | 8/10/1984 | See Source »

When the nearly 700 delegates to the General Assembly of the 3.1 million-member Presbyterian Church (U.S.A.) gathered in Phoenix last week to elect a leader, many observers looked upon the outcome as foreordained. Well before the voting began, stolid, shrewd William P. Thompson, 65, a lawyer from Wichita, Kans., sometimes regarded as the pope of the Presbyterians, was the odds-on favorite for the post of Stated Clerk (chief administrator). But on the fourth round of voting, Dark Horse James E. Andrews, 55, a droll, self-deprecating minister reared in Whittenburg, Texas, emerged in an astonishing upset...

Author: /time Magazine | Title: Religion: Looking Toward a New Era | 6/18/1984 | See Source »

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