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...take a first-time visitor to one of Sarajevo's historical sites. He drove around the city and the hillsides above for more than three enthusiastic hours, then took her to his home for thick, black coffee with his family. On returning to the press village, he refused payment. At the end of a visit this year, another taxi pulled up to the modern Butmir Airport entrance, where the fare was paid. Gratefully a tip was offered, but the driver declined it. "Is O.K., is enough," he said in English, with a huge smile. "Come back." Sultanovic was right. Nothing...

Author: /time Magazine | Title: Sport: Trying to Keep That Feeling | 3/11/1985 | See Source »

...President Reagan's economic adviser between 1982 and 1984, said that a growing number of Congressmen seem willing to trim Social Security, despite the political risks. The lawmakers will certainly not cut the size of current benefits, but they might reduce future cost of living allowances (COLAs), which are payment increases linked to the inflation rate. One option, Feldstein suggested, would be to limit COLAs to the amount of inflation in excess of 3%. They would then be "diet COLAs," he quipped. If that strategy were adopted for Social Security and all other programs with COLAs, including federal employee pensions...

Author: /time Magazine | Title: The Zesty Forecast for '85 | 3/11/1985 | See Source »

...takeover battles that T. Boone Pickens and others have waged over the years have produced some of the business world's most colorful terms. Among these distinctive additions to the lexicon of corporate America: GOLDEN PARACHUTE. THE GUARANTEE OF A HEFTY PAYMENT TO TOP EXECUTIVES WHOSE COMPANIES LOSE OUT IN THE TAKEOVER GAME. SUCH AGREEMENTS...

Author: /time Magazine | Title: Economy & Business: THEM'S FIGHTIN' WORDS | 3/4/1985 | See Source »

...bent on redeeming the good name and reputation of his brother Terry (Robert Urich). A likeable if marginally nutse firefighter. Terry is injured while combatting a fire during his off-duty hours. Because he was slightly inebriated at the time, the city deprives him of his pension and disability payment, now sorely needed to cover escalating medical bills. Jimmy, whose sole occupation appears to be shooting baskets and slouching around the streets of Brooklyn, takes it upon himself to fight the entire municipal administration...

Author: By Cristina V. Coletta, | Title: Running 'Em Out Of Business | 3/1/1985 | See Source »

...because of increasing federal scrutiny of banks in South Florida. An affidavit filed by an FBI agent in 1983 said that the Angiulo family, a reputed organized-crime group, had bought more than $1.7 million in cashier's checks from a First National branch in Boston's North End. Payment for the checks included $250,000 in cash. According to the Boston Globe, the branch gave cash-reporting exemptions to the two companies allegedly connected with the Angiulos. Such exemptions are usually granted to small businesses like grocery stores that handle lots of bills. A retired First National teller said...

Author: /time Magazine | Title: Dirty Cash and Tarnished Vaults | 2/25/1985 | See Source »

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