Word: localization
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Dates: during 1990-1990
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...Japanese banks have chewed up market share by buying local banks, particularly on the West Coast. Mitsubishi Bank bought the Bank of California in 1984, while the Bank of Tokyo acquired the Union Bank of Los Angeles in 1988. The Japanese own four of California's 10 largest banks. Starting from near zero five years ago, Japanese banks account for at least 10% of all commercial loans made...
...institutions, perhaps as many as half, will disappear or merge as the domestic market is rationalized," says Christopher Toole, an analyst with Country NatWest Bank in London. Adds Robert Poldermans of the accounting firm Arthur D. Little: "Europe has too many midsize banks and not enough giants, too many local customers and not enough Europeans...
...measure of the skillful diplomat Kohl, 60, has become that he quickly praised Bush for all his efforts, saying, "Our American friends can rely on it that we are going this way in close cooperation and partnership with them." The German leader has always been the consummate local pol, more at ease hoisting a glass in the local wine cellar than sitting in chandeliered rooms stiffly exchanging diplomatic niceties with foreign leaders. But over the past year, as Kohl realized that he had the historic opportunity to bring his country together again, he rose to the challenge better than many...
...other hand, John Goodman (Roseanne) portrays local exterminator Delbert McClintock as a much lighter character. McClintock has no desire to study the vermin, nor does he fear them; he simply revels in destroying them. The absurd pride with which this cross between Rambo and a Beverly Hillbilly goes about annihilating spiders, as if on a personal vendetta, effectively lampoons both Atherton's seriousness and Jennings' irrational fear...
Marshall also enlists the entire town in a supporting role. The local sheriff (Stuart Pankin), town doctor (Henry Jones), mortician (Peter Jason) and others help construct a humorous and more importantly, credible sketch of a town which has come under siege. As much as anything, it is well scripted characters tightly-drawn by the director and almost flawlessly executed by the cast which makes Arachnophobia the success...