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Goldome: the name was as good as gold through most of the '80s, as the savings bank based in Buffalo rapidly amassed a menu of failing savings banks around the state, with the blessings of business-first federal regulators. But as the go-go years went-went, Goldome turned to dross. The bank inched back toward profitability during 1989, only to face stricter capital requirements from a savvier set of feds in the wake of the S&L crisis. The new rules of the game finally proved Goldome's undoing last week...

Author: /time Magazine | Title: BANKING: The Biggest Bailout | 6/10/1991 | See Source »

With the Civil Rights Act of 1964 we really thought we were moving to finally get this issue of race behind us. Then we saw during the late '80s a resurfacing of racism. We saw more in the Supreme Court decisions of 1989, and the culmination was that veto of the Civil Rights Act of 1990. It seemed as if a little bit of bigotry was O.K. But if ever you tolerate a little bit, you have let the door come ajar. We saw that in the campaign of '88, with Willie Horton as an issue, and in the Jesse...

Author: /time Magazine | Title: An Ethical Guru: BARBARA JORDAN | 6/3/1991 | See Source »

...that has captured America at the turn of the decade. The meaning of life and the approach of death are issues that seem pressing to a baby-boom generation in the throes of middle age. At the same time, teens who were raised on the values of the materialistic '80s now wonder what to replace them with...

Author: /time Magazine | Title: Hollywood Goes to Heaven | 6/3/1991 | See Source »

...another sense, the spiritual windfall is a reaction to the endless , barrage of carnage films during the '80s. Audiences are sated with special effects and numbing gore. Moviegoers want to explore the big eternal questions instead, and many of these viewers have not had a traditional religious upbringing. "Conventional religion used to help you deal with death," says Lindsay Doran, producer of Dead Again. "Now this is gone; those comforts have been taken away...

Author: /time Magazine | Title: Hollywood Goes to Heaven | 6/3/1991 | See Source »

...tickling your subconscious. In many cases you did hear that sound before, maybe long ago. It's the James Brown beat that's now in a rapper's groove, or the recycled '60s riff in a current dance- floor hit. It's the steam heat of the early '80s hit Under Pressure recycled in the vanilla-rap hit Ice Ice Baby, and the streak of the funk classic Super Freak revived for M.C. Hammer's U Can't Touch This...

Author: /time Magazine | Title: Play It Again, Sampler | 6/3/1991 | See Source »

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