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...tiny rock sticking out of the Pacific, well-wired into the world financial system. And the amount of money they harbor around the globe is staggering--as much as $5 trillion, according to the U.S. State Department. The Cayman Islands (pop. 35,000) has more than $800 billion on deposit--fully one-fifth as much as the entire U.S. banking system. And those Cayman deposits are swelling by an estimated $120 billion a year. Not all offshore money is linked to crime or terrorism. Much of it belongs to wealthy people who are avoiding taxes in ways that often...

Author: /time Magazine | Title: Banking On Secrecy | 10/22/2001 | See Source »

...Nortel Networks a year ago, you would now have stock worth $82. If instead you spent $1,000 on Budweiser and drank it, you would have not just the obvious reason to smile but a subtle one too. On the basis of a nickel-per-can deposit, the empties would be worth $91. How's that for a New Economy slap in the face...

Author: /time Magazine | Title: Back In Fashion: Dividends | 10/15/2001 | See Source »

...Palestinian minds, President Bush's statement was empty - a check drawn on a non-existent bank account with no credit or deposit. I think President Bush was simply trying to give political cover to the Saudis and Egyptians and Jordanians to join the anti-terrorism coalition by assuring them that the U.S. is still keeping their concerns in mind...

Author: /time Magazine | Title: A Palestinian Civil War? | 10/9/2001 | See Source »

Even in cooperative countries, bin Laden can use national borders to stay one step ahead of investigators. "It only takes five minutes to deposit 1 million French francs in a Dutch account and another five minutes to transfer that to an account in Britain," warned a French parliamentary report on terrorist funding. But "for the judge investigating the origins and movement of that money, it will take six months to get a court warrant authorizing inspection of the account in the Netherlands, a year to get one in Britain, six months more for clearance in Switzerland--all to discover that...

Author: /time Magazine | Title: Following The Money | 10/8/2001 | See Source »

...shows that an unidentified, unarmed black male passed the teller a deposit slip with “give me all your money” written...

Author: By Alex B. Ginsberg and Daniela J. Lamas, CRIMSON STAFF WRITERS | Title: Man Holds Up Bank, Flees | 10/5/2001 | See Source »

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