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...that they are now in better shape than they were in the aftermath of the 1973-75 recession. That downturn cost the banks $10 billion in losses on loans to speculative real estate ventures that went bust. This time around, the banks were more cautious about land deals. Says Willard Butcher, chairman of Chase Manhattan: "We mightn't be the brightest guys in town, but we aren't dumb enough to do it twice...

Author: /time Magazine | Title: Bankers Are Smiling, Warily | 11/1/1982 | See Source »

...known that the enemy does indeed know that I am coming Lieutenant General Willard W. Scott Jr. has readied his men and they are eager to make my acquaintance. But I am not worried, for they are vulnerable, having already been routed in Missouri, Chapel Hill and Vietnam I know they can be beaten again...

Author: By Michael Bass, SPECIAL TO THE CRIMSON | Title: Under the Gun | 10/2/1982 | See Source »

Professional educators' groups and public school associations strongly oppose Administration policies, pointing out that federal help has almost always been aimed at groups not served by local school districts. Says Willard McGuire, president of the National Education Association: "Block grants have been used to shift the battleground to the local level." Argues National School Boards Association President Thomas Shannon: "We don't know yet if the New Federalism ... is Orwellian Newspeak for the old federalism that existed in 1917 before the enactment of the Vocational Education Act and the Child Nutrition Act." James Gordon Ward of the American...

Author: /time Magazine | Title: Education: The Agency That Won't Go Away | 9/20/1982 | See Source »

NONFICTION: The Correspondence of Boris Pasternak and Olga Freidenberg, edited by Elliott Mossman ∙Going to the Dance, Arlene Croce ∙The Killing of Bonnie Garland, Willard Gaylin Love, Eleanor, Joseph P. Lash Midnights, Alec Wilkinson ∙The Red Smith Reader, edited by Dave Anderson

Author: /time Magazine | Title: Books: Editors' Choice: Sep. 13, 1982 | 9/13/1982 | See Source »

...Killing of Bonnie Garland, Willard Gaylin...

Author: /time Magazine | Title: Books: Editors' Choice: Aug. 30, 1982 | 8/30/1982 | See Source »

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