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...This affair will not be covered up." So promised Pierre Beregovoy, the French Finance Minister, as he announced a criminal probe last week into an insider-trading scandal that is causing major embarrassment to Francois Mitterrand's government. The suspected scheme was uncovered when the U.S. Securities and Exchange Commission noticed heavy trading in Triangle Industries, a U.S. holding company, in the days prior to the Nov. 21 announcement of the company's takeover by Pechiney S.A., a French metals conglomerate. Estimated profits by insiders who bought early: $10 million...

Author: /time Magazine | Title: INSIDER TRADING: Too Close To the Top | 2/6/1989 | See Source »

Rocard's Cabinet, the Fifth Republic's first minority government, will stay in place during the short campaign. It includes many familiar Socialist heavyweights, among them Roland Dumas in his former post as Foreign Minister, Pierre Beregovoy as Finance Minister, Pierre Joxe as Interior Minister and Jack Lang as Culture Minister. The novelty is provided by a limited number of non-Socialists, including Centrist Senator Michel Durafour as Civil Service Minister, Supreme Court Jurist Pierre Arpaillange as Justice Minister and Businessman Roger Fauroux as Industry and Foreign Trade Minister. Last week senior Mitterrand aides telephoned eight members of the outgoing...

Author: /time Magazine | Title: France Holding Most of the Cards | 5/23/1988 | See Source »

...attitude in Seoul toward Baker's debt-crisis proposal was also positive. Said West German Finance Minister Gerhard Stoltenberg: "This points in the right direction." His French colleague Pierre Beregovoy concurred: "It is an idea whose time has come." Peru, however, objected to the leadership role of the U.S. Said Finance Minister Luis Alva Castro: "We do not accept there being a single country that is subject to no control whatsoever while the countries of the Third World are condemned to hunger." Even so, Brazil's Minister of Finance, Dilson Funaro, whose country is the biggest Latin American debtor, said...

Author: /time Magazine | Title: Baker Steers a New Course | 10/21/1985 | See Source »

...When he flew Soyuz 3 in 1968, Russian Cosmonaut Georgy Beregovoy, also 47, was 3½ months older than Shepard...

Author: /time Magazine | Title: Science: The Grand Old Man of Space | 2/1/1971 | See Source »

Winding up his visit to Russia, Astronaut Neil Armstrong delighted Soviet Premier Alexei Kosygin with gifts from America-a small Russian flag that was carried on Apollo 11 and some chips of moon rock mounted in Lucite. Later, touring the Kremlin Armory museum with Cosmonaut Georgy Beregovoy, he joked that there had been no fair exchange. Beregovoy indicated the museum's display of czarist crown jewels. "Pick one," he said. Armstrong pointed. "Fine," said the Russian. "That will cost you $300 million." Replied Armstrong: "I think I'll wait until they sell it at half price...

Author: /time Magazine | Title: People: Jun. 15, 1970 | 6/15/1970 | See Source »

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