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...begin with Villa. Through most of the 1990s, he was president, chief executive officer and indirect owner of 99.5% of the stock of H.J. Meyers & Co., Inc., a brokerage firm based in Rochester, N.Y., with branch offices in more than a dozen cities. H.J. Meyers was a boiler room. Its most significant feature, according to an investigation by Massachusetts securities authorities, "was the high-pressure tactics of management continually exerted on brokers, who then used high-pressure tactics on their customers." Brokers cold-called people urging them to invest in speculative securities and initial public offerings underwritten by the firm...

Author: /time Magazine | Title: Big Money & Politics: Who Gets Hurt?: Soaked By Congress | 5/15/2000 | See Source »

When Time Warner capitulated last Tuesday, offering an olive branch that brought an extension of the current Disney contract through July 15, a grateful viewership could finally reconnect with Regis. But there had taken place a not so subtle shifting in the ground beneath the cable business and in attitudes toward the Time Warner-AOL merger...

Author: /time Magazine | Title: A Looney Tunes Cable Clash | 5/15/2000 | See Source »

Seven years after the fact, smoke still lingers over the fatal fire at the Branch Davidian compound in Waco, Texas - but FBI officials hope a new report will finally clear the air. According to Vector Data Systems, a British firm contracted to analyze video and reenactments of the 1993 siege, the flashes of light that fueled accusations of government wrongdoing were not FBI gunfire, as victims' family members believe. Instead, the report contends, the flashes were caused by sunlight glinting off metal and pieces of debris. Case closed? Not so fast. While this latest evidence would appear...

Author: /time Magazine | Title: Waco Fires Are Still Burning | 5/11/2000 | See Source »

...none more so than family members of the 80-plus victims who died there; they've filed a wrongful death suit against the government, claiming FBI agents on the scene were directly responsible for the fires that consumed the compound. Government officials deny the allegations, charging that the Branch Davidians set the fires themselves. The embattled Attorney General Janet Reno has met with the lawyer representing the victims' families, and although the lines of communication remain open as evidence is gathered for a trial, no one expects any diplomatic breakthroughs. "There is a small but vocal minority of Americans...

Author: /time Magazine | Title: Waco Fires Are Still Burning | 5/11/2000 | See Source »

...nation is blanketed by the Clinton-Lewinsky dalliance, and Zuckerman is not amused. "The righteous grandstanding creeps, crazy to blame, deplore and punish, were everywhere out moralizing to beat the band...to enact the astringent rituals of purification that would excise the erection from the executive branch...

Author: /time Magazine | Title: Authors: The Unremovable Stain | 5/8/2000 | See Source »

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