Word: chases
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...management. In the past six months, 22 banks have failed, and last week two major U.S. banks announced large second-quarter losses. It was the first time since World War II that one of the top ten American banks had suffered a three-month loss. New York's Chase Manhattan reported that it lost $16.1 million between April and June, while the figure for Chicago's Continental Illinois was $60.9 million during the same period...
...TRIFLE MORALISTIC, perhaps. More mature, too Gone is the bitter chase after the brainless goddess. He's gotten her and discovered that he would rather have his wife. Perhaps this change has taken with it the side-splitting humor of Sleeper or Bananas. Not to be misleading; this film is not unfunny. If it were not "the new Woody Allen" it would undoubtedly receive uniformly more positive reviews than it has. Sex Comedy provides at least a half dozen good chuckles and a continuous grin. At the beginning of a new phase. Woody Allen is learning to be both funny...
There are a few longueurs, and moments when the plot trips, like Jeremy, over its own complications. Even here there are vagrant delights: a funny, scary chase scene, hints of death and resurrection, and enough sci-fi elements to keep teen-agers happy. But The Secret of NIMH is more important as Bon Bluth's declaration of dependence on a form of popular art that can infuse every corner of the imagination with its rainbow light. If Uncle Walt were to gaze on his renegade nephews, even he might approve...
Evidence is building that the world economy is going through more than a temporary, cyclical downturn. Says Herbert Giersch, director of West Germany's Institute for World Economics in Kiel: "The stagnation of the European economy will not be solved before the end of the decade." Chase Econometrics, a U.S. consulting firm, has projected that between now and 1991, annual growth in most industrial countries will average only 2% to 3%. Worse, Chase predicts that unemployment in the U.S. and Europe will hover around 8% to 9% over the next decade...
Another potential loser is Chase Manhattan, the third-largest U.S. bank. Already reeling from a $117 million loss in the second quarter because of shaky deals with the now defunct Wall Street trading firm of Drysdale Government Securities Inc., Chase last week faced at least partial write-offs on perhaps $250 million worth of bad loans...