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...make it the one that is by far the market leader?" says First Data spokesman Don Sharp. And the point is, If Western Union is so clearly better, why should anyone invest in MoneyGram? Even before the company was rejected by other buyers, some of MoneyGram's biggest agent networks were fleeing. "It was like a piece of merchandise that didn't move, so we dropped it," says Tom Dingledy, spokesman for drug-store chain Revco D.S. Another defector, Greyhound Lines, struck a deal with, you guessed it, Western Union. Could MoneyGram carve out a niche and survive? Sure...

Author: /time Magazine | Title: HOW TO REALLY WIRE CASH | 12/9/1996 | See Source »

...which pretty much confirm the guilt of the late Alger Hiss. More than 2,000 entries deal with the history of spying, the complexities of cryptography and trade jargon (dry clean: to determine whether one is under surveillance; pianist: a clandestine radio operator; swallow: Russian term for a female agent assigned to seduce a target; raven: the male counterpart of a swallow). Beyond these terms are detailed entries about notable spies of yesteryear (Daniel Defoe, Christopher Marlowe), as well as those of more recent vintage (Julius and Ethel Rosenberg, Whittaker Chambers, Kim Philby, Anthony Blunt, Guy Burgess, Donald Maclean, Jonathan...

Author: /time Magazine | Title: BOOKS: THE DEFINITIVE SPY VS. SPY | 12/9/1996 | See Source »

...card is presumed to be a signal from Nicholson to his Russian handlers that he wanted a meeting in Switzerland earlier than previously scheduled. Seasoned spies say Nicholson's method is almost quaint. An up-to-the-minute agent today would have cellular phones and portable computer linkups. "Nobody would use those techniques today unless you were an awful agent or cutting corners like hell," says David Whipple, president of the Association of Former Intelligence Officers...

Author: /time Magazine | Title: TEACHER OR TRAITOR | 12/2/1996 | See Source »

...League it isn't. Camp Peary, where accused double agent Harold Nicholson taught from 1994 to 1996, is the CIA's top-secret school for spies, known in agency circles as "the Farm." Students, called career trainees, take a year-long, $150,000-per-recruit program that prepares them to work in the agency's clandestine service. Located on 9,000 acres of barbed-wire-encircled woods outside Williamsburg, Virginia, the Farm looks like a community college, with brick buildings, dorms, a cafeteria and a gym laid out on a bucolic campus. But it also has such uncollegiate features...

Author: /time Magazine | Title: THE CIA'S YEAR-ROUND CAMP FOR SPIES | 12/2/1996 | See Source »

Another scion of the Douglas clan is in hot water. A car driven by Cameron Douglas, 17, Michael and Diandra's son, got into an accident with a Secret Service agent's car. The agent was then dragged by the teen's car when he reached in to grab the keys. "Anybody who's a parent knows how difficult and painful [this] is," said a family statement...

Author: /time Magazine | Title: People: Dec. 2, 1996 | 12/2/1996 | See Source »

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