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...right message, and here it was the Democrats who thought they had the upper hand. On July 19, Frist's committee hosted a retreat for donors at the West Virginia resort Greenbrier. That day alone, the stock market slid 390 points; the White House was bracing for the mid-August restatement of corporate income, which was expected to increase pressure on Bush to crack down on the kind of people who had assembled at the resort. "It felt like a funeral," recalls Bainwol. Democrats were calling for the scalp of Securities and Exchange Commission chairman Harvey Pitt and citing poll...

Author: /time Magazine | Title: Election 2002: W. and the Boy Genius | 11/18/2002 | See Source »

...economic summit in Waco, Texas, which amounted to little more than a photo op for CEOs but gave the impression that Bush was focused on the economy. The Justice Department, urged on by G.O.P. political consultants, made several high-profile arrests of corporate chiefs, complete with handcuffs. In August Rove kept his boss traveling during his vacation and talking about the economy...

Author: /time Magazine | Title: Election 2002: W. and the Boy Genius | 11/18/2002 | See Source »

...offices in California, a handful of professionals hired from Standard & Poor's by the reform-minded new Palestinian Finance Minister, Salam Fayyad, are combing through the many business interests of Arafat's Palestinian Authority, looking to uncover malfeasance. When they are done, according to an agreement Arafat signed in August under pressure from U.S. and European officials who threatened to cut aid, the Authority's investments will be given over to a fund administered by independent Palestinian businessmen. That will end the one-man dominion Arafat has enjoyed over Palestinian funds for decades, first as chairman of the P.L.O...

Author: /time Magazine | Title: Going After Arafat's Monopoly on Money | 11/18/2002 | See Source »

...being interrogated at an undisclosed location in the U.S. According to sources familiar with an FBI report of Jabarah's interrogation, details of his testimony?including the dramatic order by Hambali to target bars and nightclubs?were passed on by U.S. officials to all Southeast Asian governments in August, a full two months before the Bali attack...

Author: /time Magazine | Title: Unmasking Terror | 11/11/2002 | See Source »

...Qaeda could mount an attack upon key economic targets, or upon our transport infrastructure, they would," it now read. "If they could inflict damage upon the health of our population, they would." Other European intelligence agencies were less equivocal. In Berlin, Germany's normally reticent intelligence chief, August Hanning, made the case in a frank interview on prime-time television: "The fear is very concrete that we must reckon with a further attack ... of perhaps great dimension." Hans-Josef Beth, who heads the international counterterrorism unit of the foreign intelligence agency, was even more specific, fingering Abu Musab Zarqawi...

Author: /time Magazine | Title: Is Europe Next? | 11/10/2002 | See Source »

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