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This September's first-year faces are a little more diverse, and the boxes, topped with computers and CD players, just a little different. No longer containing phonographs and wind-up alarm clocks, these boxes hide high-cost trinkets--the techno-toys of college...
...real estate markets" by lowering property values and making mortgage loans harder to get. "Real estate markets," he added, "have an effect on bank results. So there is a relationship between the two. And the effect has not been good." Nonetheless, bank depositors "shouldn't withdraw their money and hide it in mattresses," says Eli Schwartz, a Lehigh University economist. "We may be having a banking crisis, but it's not going to be of the same magnitude as the S&L crisis...
Capitol Hill Democrats are not the only ones infuriated by the pit-bull manner of House Republican whip Newt Gingrich. G.O.P. minority leader Bob Michel can scarcely hide his irritation with his feisty subordinate. In press conferences last week, Gingrich, a member of the budget-summit conference group, lashed out at "tax-and-spend Democrats" and said it was impossible to deal with them as if they were "responsible people." Michel, charged by the White House with the task of working out cooperative budget negotiations, seethed at this torching of bipartisan goodwill. Visitors to Michel's office say that when...
...forest by ranchers and settlers, then appointed Brazil's foremost environmental activist, Jose Lutzenberger, to enforce the program. In an interview with TIME, Collor was unapologetic about the abrupt turnaround. "On questions of ecology, we have made a fundamental commitment to life," he said. "We have nothing to hide and nothing to explain...
...setbacks, Collor strives to keep his personal popularity high with feats of derring-do. On weekends he can be spotted practicing karate (he has a black belt), riding his motorcycle or piloting an ultra-light aircraft. The son of a wealthy, political family, he makes no attempt to hide his affluence, favoring custom-tailored European suits and fancy watches...