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...Bank of Credit & Commerce International has cost depositors around the world billions in losses, ensnared officials in scores of countries in corrupt money-laundering schemes and acted like a government unto itself. Now its criminal operations have led to the indictment of an 85-year-old man with a reputation for rectitude and a distinguished five-decade career. New York State and federal authorities have charged Clark Clifford, the patrician lawyer who has counseled every Democratic U.S. President since Harry Truman, and his partner-protege, Robert Altman, with conspiracy to defraud by helping B.C.C.I. secretly buy and control two large...

Author: /time Magazine | Title: An Icon Falls in The B.C.C.I. Scandal | 8/10/1992 | See Source »

...Beckett. An attitude of surrealist paranoia turned out to be the right moral optic through which to see the Communist world clearly, and Havel had keen eyesight. Constricted as a playwright, he became a dissident. Imprisoned as a dissident, he became a symbol. Communism was brutal and stupid and corrupt. Havel was Czechoslovakia with brains -- the country's better self, its idealist, its moral philosopher, the visionary of "living in truth." When the Communist state fell away in November 1989, it made some giddy, noble sense to install Havel as the first President of Czechoslovakia...

Author: /time Magazine | Title: I Cherish A Certain Hope: VACLAV HAVEL | 8/3/1992 | See Source »

...convicting 24 Mafia bosses and dozens of lesser mobsters since 1981. The FBI has made extensive use of methods normally barred by Italy's Napoleonic legal code: electronic surveillance, undercover agents, use of informants, reduced sentences for cooperative witnesses. Nor did Italy have the all-important Racketeer Influenced and Corrupt Organizations (RICO) laws, under which many American mobsters have been jailed, or a witness- protection program to encourage insider testimony...

Author: /time Magazine | Title: Getting Away With Murder | 8/3/1992 | See Source »

...Pivotal character is Inspector Truscott of Scotland Yard (Patrick Harlan), who invades the McLeavy house posing a an inspector from the Water Board . He is a typical Orton authority figure: corrupt and megalomaniacal, he has an insanely logical explanation for all his abuses of power...

Author: By David S. Kurnick, | Title: Loot Not Quite Priceless | 7/24/1992 | See Source »

...Perot promises to bypass it and go directly to the American people in the "electronic town hall" -- Nightline with President Perot playing Ted Koppel. It is here, says Perot, that the American people will, in direct communion with the leader, solve those knotty problems that have eluded a clumsy, corrupt Congress...

Author: /time Magazine | Title: Ross Perot and the Call-In Presidency | 7/13/1992 | See Source »

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