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More important to his rise, though, was Putin's unprecedented display of support for his Kremlin boss. When Prosecutor General Yuri Skuratov began investigating alleged Yeltsin-administration corruption, a videotape showing the investigator cavorting in bed with two prostitutes aired on TV. FSB Director Putin declared it to be authentic. Skuratov was suspended and his investigation shelved. Later on, when Yeltsin was facing impeachment, Putin issued an FSB warning that the articles of impeachment contained "significant mistakes of a legal nature...

Author: /time Magazine | Title: The Spy Who Came In From The Crowd | 4/3/2000 | See Source »

These days that means going after the stock market, and there can be little doubt that that's what Chairman Greenspan is up to--even if he won't say so, which he won't. Last week the Fed boss pushed the benchmark federal funds target rate to 6%, the fifth increase in nine months. For emphasis, he raised the symbolic discount rate as well and all but promised more to come. Banks followed by boosting their prime rate to 9%, the highest in five years--meaning higher costs for credit cards and mortgages...

Author: /time Magazine | Title: Who's Going Too Fast? | 4/3/2000 | See Source »

...sometimes it manages both the first time around. Brit Bob Hoskins is a surprisingly apt choice for the Panamanian kleptocrat, whom he plays as a cruel yet pathetic schemer--a lower-class striver who in another life might have become a crooked appliance salesman or sticky-fingered union boss. This playful film teases out the inherent absurdity in the dictator's fall (this was a man besieged by U.S. troops blaring bad pop music to drive him out of his Vatican-embassy refuge) without trivializing his predations...

Author: /time Magazine | Title: Noriega: God's Favorite | 4/3/2000 | See Source »

YASSER ARAFAT Pope treats him like head of state. Bonus: P.L.O. boss didn't even have to lose all the stubble...

Author: /time Magazine | Title: Notebook: Apr. 3, 2000 | 4/3/2000 | See Source »

MICHAEL SAYLOR MicroStrategy boss loses $4B in one week as stock plunges. And you worry when you lose your wallet...

Author: /time Magazine | Title: Notebook: Apr. 3, 2000 | 4/3/2000 | See Source »

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