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Another kind of help came from Nancy Reagan, who arrived in Mexico City with a U.S. Treasury check for $1 million as a down payment on further American relief efforts. During a four-hour, 15-minute visit to the capital, she spent 20 minutes with President de la Madrid at his official Los Pinos residence. Later Mrs. Reagan drove to the residential complex of Tlatelolco, where a 13- story apartment building had collapsed. She commiserated with Spanish Tenor Placido Domingo, who had come to Mexico City to discover the whereabouts of relatives believed to be buried in the ruins...

Author: /time Magazine | Title: Mexico Miracles Amid the Ruins | 10/7/1985 | See Source »

...first sitting Governor in his state to do so. His trouble stems from the 18,500-acre Yellowstone Ranch near Lander, Wyo., which Herschler and three partners bought in 1977 for an estimated $4.5 million to $5 million. After the partners were unable to collect a $1.5 million payment for 3,000 head of cattle they sold in 1981, they were forced to borrow at high interest rates to make debt payments. Meanwhile, beef prices and land values were declining. Yellowstone was sold in a bank foreclosure last April for $1.9 million. Said Herschler last week...

Author: /time Magazine | Title: Wyoming: The Governor Goes Broke | 9/30/1985 | See Source »

Having agreed to pay $5,000 down, cough up $45,000 by Nov. 15 and come through with a $20,000 final payment on March 1, the two set to finding partners who would purchase $5,000 pieces of the action. Larson sold his lifelong collection of baseball cards, which numbered nearly 300,000, keeping only those of the great Eddie Mathews because "he was my man." Soon after the agreement was reached, they went to Utica where, in a wind-driven icy rain, their spirits sank...

Author: /time Magazine | Title: In Utica: the Dogpatch of Baseball | 9/23/1985 | See Source »

...banks has been even greater, but they hope to recoup the millions of dollars spent setting up the systems by signing up more and more home-banking customers. According to the American Bankers Association, it costs banks only from 35 cents to 50 cents to process each electronic payment, compared with from 50 cents to $1 for every paper check. Also, as the number of home bankers (and ATM users) increases, banks will require fewer tellers behind windows, enabling them to pare their payrolls. And greater efficiency can be designed into electronic banking systems. Today when a home banker tells...

Author: /time Magazine | Title: Brave New Piggy Bank | 7/15/1985 | See Source »

Exxon intends to appeal the ruling. In addition, the company wants some help on the payment. Since Exxon had only a two-thirds interest in the disputed oil field, it is considering suing the 2,500 companies and individuals who hold the rest in order to force them to pay one-third of the fine...

Author: /time Magazine | Title: Energy: Exxon's $2 Billion Black Eye | 7/15/1985 | See Source »

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