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...indictment of an 85-year-old man with a reputation for rectitude and a distinguished five-decade career. New York State and federal authorities have charged Clark Clifford, the patrician lawyer who has counseled every Democratic U.S. President since Harry Truman, and his partner-protege, Robert Altman, with conspiracy to defraud by helping B.C.C.I. secretly buy and control two large U.S. banks. In a parallel move, the Federal Reserve announced that it has started a civil action against the pair. Clifford faces up to nine years and Altman up to 31 years in prison, as well as millions in fines...

Author: /time Magazine | Title: An Icon Falls in The B.C.C.I. Scandal | 8/10/1992 | See Source »

Simultaneous probes by the office of New York District Attorney Robert Morgenthau, the Justice Department and the Federal Reserve indicate that Clifford, as chairman of First American, and Altman, as president, acted as knowing front men for B.C.C.I. founder Agha Hasan Abedi, falsifying documents and lying to authorities. The two are also charged with using First American's 1987 purchase of National Bank of Georgia as a vehicle for transferring huge and unmerited profits to B.C.C.I., all under Abedi's direction...

Author: /time Magazine | Title: An Icon Falls in The B.C.C.I. Scandal | 8/10/1992 | See Source »

With his kitchen-knife physique, sour face and a hairdo resembling a road-kill toupee, Lyle Lovett looks like a serial killer in Southern Baptist preacher's garb. That must be what inspired Robert Altman to cast the singer as a spooky detective in The Player. Anatomy is destiny in modern show biz, so it doesn't hurt Lovett that he looks like his songs. He could be a death-row denizen musing about the ends of life and love...

Author: /time Magazine | Title: Lone Star Gothic | 6/15/1992 | See Source »

...fests past, Hollywood on the Mediterranean soon turned into a Basic Bore. Jurors opted for predictable choices. The Palme d'Or, the festival's highest honor, went to the Ingmar Bergman-scripted Best Intentions, an elegiac love story produced for Swedish television. Other top awards went to director Robert Altman for his wry Hollywood basher The Player and to actor Tim Robbins for his deft portrayal of an unctuous studio head in that film...

Author: /time Magazine | Title: Rite Of Spring | 6/1/1992 | See Source »

...Robbins captured Hollywood as a baby mogul in Robert Altman's The Player. Now he's skewering politics with Bob Roberts. Possible next role: CEO, the selfless keeper of the bottom line...

Author: /time Magazine | Title: Forward Spin: May 25, 1992 | 5/25/1992 | See Source »

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