Word: parentes
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First American's alleged parent is one that few people would be proud to claim: the Bank of Credit & Commerce International, convicted of violations in three countries and well known in global finance circles as a banker to Manuel Noriega and Colombian drug lords. The question that won't go away: How could an outfit like B.C.C.I. control a large U.S. bank without regulators knowing or doing anything about...
...American lost $182.5 million in 1990, its first red ink ever. The deficit last week led to the resignation of C. Jackson Ritchie, the company's chief executive, and the layoff of nearly 100 of the bank's 6,000 employees. Regulators were worried that First American's secret parent, itself in financial trouble, would start siphoning off funds that would deepen the loss and conceivably fatten the bill to U.S. taxpayers should First American have to be bailed out. To guard against that, the Federal Reserve Board last week ordered First American not to transfer any funds, including management...
...extra tenderness. It's not legal," is the laconic observation of one homosexual who is attracted to a pornography fan. In the story Minor Heroism, an artistic child grows up under the disapproving eye of an emotionally remote war-hero father, a parent described forcefully as "sheer rock-facing...
...scene is played out time and again in America's courtrooms. A small, bewildered child sits in a witness chair, being led by an attorney through shocking testimony. The youngster speaks haltingly of unspeakable things done to him or her by a stranger, a baby-sitter or even a parent. Could such an innocent soul possibly be telling anything but the truth...
Child-custody disputes are often the trigger for youngsters' unwitting lies. Suspicions can cause parents to launch what legal scholar Douglas Besharov of Washington's American Enterprise Institute calls "the atomic bomb of child- custody fights, the charge of sex abuse." In these stressful situations, children quickly discover what adults want to hear and can offer lies or distortions in order to please an anxious parent or social worker. A study conducted by the American Academy of Child Psychiatry found that in custody disputes involving charges of sex abuse, as many as 36% of the allegations were later proved...