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...overdue, federal regulations dictate that banks would have to classify Argentine loans as "nonperforming" and deduct missing interest payments from profits. Banks faced losing as much as 40% of their first-quarter earnings. But the Argentines balked at paying unless they received easier terms on their $46 billion debt load. Said Bernardo Grinspun, Argentina's Economy Minister: "The problems of the creditor banks are not the problems of this government...

Author: /time Magazine | Title: Don't Cry for Argentina | 4/9/1984 | See Source »

...devised the breakthrough AE-1. The company followed up in 1979 with the Sure Shot, a highly popular $100 pocket camera that automatically focuses itself by using an infra-red beam to measure the distance to the subject. Then in 1982 came the $60 Snappy 20, an easy-to-load 35-mm model designed to compete with Kodak's Instamatics...

Author: /time Magazine | Title: Picture Perfect | 4/9/1984 | See Source »

...either definition, it is clear that Holly Idelson (April 3 issue "Behind Closed Doors") was too mild in her otherwise laudatory article criticizing the Pi Eta Club Newsletter which began "Before we get in any discussion about the amazing rounding of private parts some poor suspecting fat load is going to take this Saturday night by your huge and erect penis..." This is not simply sexist. This is "rapist," or "pro-rape" (I note that Ms. Idelson did make a passing reference to rape imagery). The link between violence and male sexuality, which is precisely the operative factor in rape...

Author: NO WRITER ATTRIBUTED | Title: Rape Mentality | 4/6/1984 | See Source »

Before we get in any discussion about the amazing pounding of private parts some poor suspecting fat load is going to take this Saturday night by your huge and erect penis, the officers would like to make some pertinent rules clears. After reminding Pi Eta members to get in those dues, the newsletter returns to a more detailed description of the upcoming "pigfest...

Author: By Holly A. Idelson, | Title: Behind Closed Doors | 4/4/1984 | See Source »

...Postal Service corporation is carrying that load with fewer people: 678,845 vs. 741,000 in 1971. Employee productivity has gone up 43%, chiefly because of mechanical mail sorting. In 1971, a postal worker processed 120,212 pieces a year; now a person handles 173,320. Output will go up even more when high-speed optical scanners, which read addresses, convert them into printed bar codes and then send them off for automatic sorting into 136,000 carrier routes, are fully installed...

Author: /time Magazine | Title: First Class: The Postal Service Delivers | 4/2/1984 | See Source »

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