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...front of him and punched him in the stomach. This has taken him totally by surprise." Even more surprising, perhaps, has been the revelation that this shy, bespectacled public servant had this kind of fiduciary power and that, with it, he turned rock-ribbed Orange County into his own casino...

Author: /time Magazine | Title: The California Wipeout | 12/19/1994 | See Source »

...rich merchant's son named Fuqui (played by Ge You, who won the best-actor prize at the Cannes festival this year) waters the local casino tables with his father's fortune. Fuqui is a cool dude in line for comeuppance, and he soon learns humility the hard way; it arrives like a 30- ( year plague. He and his wife (Gong Li) are bankrupted, then branded as decadent curs. But the pestilence is not localized; every family suffers. In the '60s, doctors are locked up, leaving the hospitals in the control of those bullying incompetents, the Red Guards. All that...

Author: /time Magazine | Title: CINEMA: Red Plague | 12/5/1994 | See Source »

GAMBLING: Casino proposals were rejected in Colorado, Florida, Massachusetts, Wyoming and the Navajo reservation. Missouri approved slot machines on riverboats, and New Mexico okayed video gambling and a lottery...

Author: /time Magazine | Title: THE ELECTION: Victory By the Numbers | 11/21/1994 | See Source »

...exchange dealer Ilya was inspecting what appeared to be a legitimate $100 note. "It's a fake," he said. Turning the bill over, he pointed to the o in United States of America: it was too close to the f. At Kredobank, a privately held Russian bank, a Moscow casino operator recently tried to deposit $10,000 in cash. It wasn't worth the paper it was printed on. Kredobank, like most Russian banks, confiscates forged currency but usually does not report the incident to the police. For that reason, says a Western analyst with experience in the region...

Author: /time Magazine | Title: Some Like Them Hot | 11/14/1994 | See Source »

...manufacturing workers with less adaptable skills, the wage gap between industries is still daunting. Two years ago, the Pequot Indians opened their now-packed Foxwoods casino in Ledyard, Connecticut. So profitable have such gambling dens become that the Pequots could afford to staff the casino with 9,000 craps dealers, bartenders and other workers. But fully 56% of the nearly 1,300 employees who arrived after losing their jobs at local defense contractors like Electric Boat had to take pay cuts of at least $2,500 a year, according to Donald Peppard, a Connecticut College economist. One welder- turned-security...

Author: /time Magazine | Title: The New Service Class | 11/14/1994 | See Source »

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