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...Argentine bond swaps, or the handling of hard currency between Venezuela's official exchange rate of about 2.15 bolivares to the U.S. dollar and the quasi-legal black-market rate of almost six to the dollar. Vargas has long denied the accusation, insisting he's not part of the "boli-bourgeoisie" (named for Chávez's Bolivarian Revolution) that got rich cozying up to Chávez while oil prices skyrocketed in recent years. He and his friends say instead that he's simply a banker Chávez officials have found trustworthy, a man who can deal...

Author: /time Magazine | Title: The Dead Polo Ponies and Their Millionaire Owner | 4/23/2009 | See Source »

Court documents allege Maionica confided he was "brought into the conspiracy by a high-level official of DISIP." They say Kauffman and Duran - who own ritzy Florida homes, enjoy racing Ferraris and are part of what Venezuelans call the revolution's "Boli-bourgeoisie" - issued thinly veiled threats. They warned that "foreign government authorities would pursue Antonini" if he talked, and that it was in his children's best interest that he have "no problems" with Venezuela. At one cloak-and-dagger gathering, Canchica, using the name "Christian," allegedly told Antonini that PDVSA (the Venezuelan oil corporation) and the Chavez government...

Author: /time Magazine | Title: Chávez and the Cash-Filled Suitcase | 9/3/2008 | See Source »

...cars are expected to be sold this year. (Why not, with gas at 12˘ a gal.?) But the bolívar is sharply overvalued, inflation is the highest in Latin America, and even Chávez fears that his "21st century socialists" are living like capitalist nouveaux riches, the so-called boli-bourgeoisie...

Author: /time Magazine | Title: Is Chavez Taking Too Many Oil Risks? | 11/29/2007 | See Source »

...Movies: Notes from Toronto Books: Tiananmen leader tells all Q & A: Zhang Boli Sports: Cricket, South Asia-style

Author: /time Magazine | Title: Where Are the Taliban Now? | 9/24/2002 | See Source »

...Movies: Notes from Toronto Books: Tiananmen leader tells all Q & A: Zhang Boli Sports: Cricket, South Asia-style

Author: /time Magazine | Title: Accounted for, at Last | 9/24/2002 | See Source »

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