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...growth far in excess of the U.S. banking industry. In New York and California, the nation's major money centers, commercial and industrial loans by foreign banks are now about a third as great as those by large local banks. Most foreign banks dealing with the public still cluster in and around New York City, Los Angeles and Chicago, where they are allowed to do "retail" business. But for various reasons-desire to follow corporate clients, changes in state laws that once kept foreign banks out-the overseas offices have also appeared in such other cities as Houston, Atlanta...

Author: /time Magazine | Title: Business: Chasing the U.S. Dollar | 4/3/1978 | See Source »

Rudely stated, German expressionism was the house style of radical figurative art in Northern Europe between about 1905 and 1930. But as Selz rightly insists in his catalogue essay, it was less a style than a cluster of attitudes. The major expressionist painters-Ernst Ludwig Kirchner, August Macke, Max Pechstein, Franz Marc, Emil Nolde, Max Beckmann, Oskar Kokoschka, Lyonel Feininger-did have formal traits in common. Harsh, dissonant color that blared fitfully from an unrefined surface; jagged shapes, broken-bottle cubism, an appetite for the primitive in drawing; masklike faces, Gothic poses, extreme jumps of tone between limelight and gloom...

Author: /time Magazine | Title: Art: The Anguish of the Northerners | 3/27/1978 | See Source »

...Green's subsequent attempt at a full-court inbounds pass to their aptly-named star center Sterling Edmonds was foiled by a cluster of Harvard defenders, and--all of a sudden--this crazy game belonged to the Crimson...

Author: By John Donley, | Title: Cagers Can Dartmouth, 71-69 | 3/1/1978 | See Source »

Before his Watergate days, Nixon used Camp David to draft many of his important speeches. In his first term alone, Nixon made nearly 120 trips to the camp, refurbished Aspen into a posh home and converted the cluster of other cabins into a mini-White House. Nixon also added new cabins to the grounds, one of which was used by Daughter Tricia and Edward Cox on their honeymoon. Tricia aptly called it a "resort hotel where you are the only guests...

Author: /time Magazine | Title: Nation: Camp David: A Palatial Retreat | 2/13/1978 | See Source »

...American Samoa (pop. 31,000), a cluster of seven islands 2,200 miles southwest of Hawaii, annexed by the U.S. after an 1899 treaty with Britain and Germany divided influence over all the Samoas. American Samoa has no formal representation in Washington...

Author: /time Magazine | Title: Nation: Wind Shifts in the Pacific | 1/16/1978 | See Source »

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