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...deposits. The main regulatory agency, the Federal Home Loan Bank Board, which has been accused of being too chummy with thrift-industry leaders, will be replaced by one chairman who will answer to the Treasury Secretary. The exhausted Federal Savings and Loan Insurance Corp., which guarantees deposits, will be overseen by its healthier and better-staffed counterpart for the banking industry, the Federal Deposit Insurance Corp. Banks and thrifts have traditionally had separate regulators and roles: S & Ls specialized in taking long-term savings deposits and issuing residential mortgages, while banks typically held shorter-term accounts and concentrated on making...

Author: /time Magazine | Title: The Savings And Loan Crisis: Finally, the Bill Has Come Due | 2/20/1989 | See Source »

...masterpiece The Magnificent Ambersons contains, among other items, the entire shooting script, a full set of storyboards, and stills of crucial scenes deleted by the studio. The Criterion edition of Blade Runner has a lavish set of designs by "visual futurist" Syd Mead; the disc of 2001 was personally . overseen by Stanley Kubrick and includes almost a thousand pages of essays and production memos. "We're a significant part of an as yet insignificant business," says Voyager co-founder Robert Stein. But other companies are fast picking up on his lead. MCA's pristine disc of the Anthony Mann western...

Author: /time Magazine | Title: Show Business: Archaeology by Laser Light | 2/6/1989 | See Source »

Only recently, that attitude has begun to change. The Department of Energy in 1977 took over responsibility for the nuclear weapons network, which had long been overseen by the now defunct Atomic Energy Commission, and finally < seems bent on reform. Information about the weapons-production system has emerged that only begins to suggest the past callousness of both Government officials and private contractors. At the sprawling Hanford plutonium- processing complex in Washington State, managers once deliberately released 5,050 curies of radioactive iodine into the air. The reason: to see if they could reduce the amount of time uranium must...

Author: /time Magazine | Title: Environment: They Lied to Us | 10/31/1988 | See Source »

...reshuffled in the most populous of the country's 15 republics. Vitali Vorotnikov, 62, premier of the Russian Republic (population: 144 million), was kicked upstairs into the presidency, making way for Alexander Vlasov, 56, a Gorbachev protege, to succeed him. As Interior Minister of the U.S.S.R., Vlasov had overseen a massive clean-up of the corruption-riddled police force. Now, with changes under way in the KGB, Gorbachev must decide who will replace Vlasov...

Author: /time Magazine | Title: Soviet Union Perestroika Hits the KGB | 10/17/1988 | See Source »

...that, Pickens has upset many folks in Amarillo, where he has long been a local hero. The controversy stems from his role as chairman of the board of regents of West Texas State University, near Amarillo. In an effort to put the school on a business footing, Pickens has overseen the removal of 19% of the faculty since 1984 and the closing of such departments as anthropology and industrial education...

Author: /time Magazine | Title: RAIDERS: From Hero To Heavy | 7/25/1988 | See Source »

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