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...Such A Big Deal After All The business of football is rarely clear and never simple. When Russian billionaire Roman Abramovich bought London's Chelsea, which has €112 million in debts, fans thought their club's financial problems were over. But the July 1 purchase by the 36-year-old oil oligarch, who has a personal fortune estimated at €5.3 billion, has come under scrutiny by Britain's Financial Services Authority, which is taking an interest in movements in the club's share price ahead of the €196 million purchase. The billionaire's spokesman says the investigation...

Author: /time Magazine | Title: Sports Watch | 7/27/2003 | See Source »

...down week for Russia's oligarchs. A good one for Roman Abramovich (worth $5.7 billion, according to Forbes), who bought himself the ultimate bauble, a sports team: London's Chelsea Football Club. Not so good for Mikhail Khodorkovsky ($8 billion) of the giant Yukos group, who was questioned by state prosecutors investigating corruption. And downright terrible for Platon Lebedev ($1 billion), head of Khodorkovsky's finance arm Menatep, who was arrested on fraud charges in connection with the privatization of a fertilizer plant in 1994. Khodorkovsky, Russia's richest man, was questioned in connection with the Lebedev case, but many...

Author: /time Magazine | Title: Changing fortunes | 7/6/2003 | See Source »

...Living History is, first and last, a political memoir, and the leaden formalities of the genre apply. It is also the memoir of an active--and very ambitious--politician. The Senator is looking to augment her political viability. She reveals that she once went hunting and killed a duck (Chelsea was horrified). She reveals that she met with a bipartisan prayer group (including James Baker's wife Susan). She tosses in lectures about the evils of terrorism and her admiration for the military. Occasionally, she hurls a smoke grenade at Bill's successor: "Despite the occasional serious political differences between...

Author: /time Magazine | Title: The Humanity of Hillary | 6/16/2003 | See Source »

...time the President told her about Monica, he had already admitted in a deposition to having had a sexual relationship with Gennifer Flowers, but Mrs. Clinton doesn't mention that.) One imagines the serial infidelities are too painful, too embarrassing. One imagines she doesn't want to expose Chelsea to the gory details. But there is a skittish, elliptical quality to her descriptions of the nonsexual imbroglios that marked her time in the White House as well...

Author: /time Magazine | Title: The Humanity of Hillary | 6/16/2003 | See Source »

...issue, especially those affecting poor women and children, is given long shrift. In a way, this is understandable. The overseas trips were Hillary's happiest times as First Lady. Every crowd was adoring; every stop promoted a worthy cause. Even the traveling press was friendly. She often traveled with Chelsea, and they were a joy to watch together. I was on the first of these jaunts, to South Asia, and I think we all left wondering why life couldn't be more like this in Washington. But Washington is too vital to be civil for very long...

Author: /time Magazine | Title: The Humanity of Hillary | 6/16/2003 | See Source »

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