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...Credit Suisse accepted funds totaling $214 million from two of Abacha's sons and failed to check if its customers were prominent political figures, the banking commission said. The other three major offenders were UBP Union Bancaire Privée and the Swiss subsidiaries of France's Crédit Agricole Indosuez and Germany?s M.M. Warburg...

Author: /time Magazine | Title: The Dictator's Dirty Millions | 9/8/2002 | See Source »

...governor of Banque de France, was expected to take over the E.C.B. when Wim Duisenberg resigns the presidency next July. But the succession was thrown into confusion last week when a French magistrate ordered Trichet to stand trial for his role in the huge losses at Crédit Lyonnais during the 1990s, when it was still state-owned and he headed the French Treasury. Trichet protests his innocence and prosecutors previously recommended dropping the investigation. But because the trial won't begin until at least spring 2003, even an acquittal might not come in time to salvage his E.C.B...

Author: /time Magazine | Title: Things Get Tricky for Trichet and the E.C.B. | 7/21/2002 | See Source »

...journalist for about nine years - Jean-Christophe in 1986 was named chief presidential adviser on African affairs. He soon gained a reputation for currying favor with African leaders on behalf of the Elysée, delivering messages dictated by the President - thus earning him the nickname Papa-m?a-dit (Daddy told me). His undistinguished diplomatic career, constantly shadowed by rumors and unfavorable press coverage, concluded in 1992 as he left the halls of the Elysée for a job as a consultant at the Compagnie Générale des Eaux, the French water monopoly. That...

Author: /time Magazine | Title: A Child of Nurture | 11/12/2001 | See Source »

...Also driving the deal was the knowledge that as Germany's baby boomers approach retirement age, the market for pensions and other savings products like mutual funds seems certain to expand. With Dresdner's DIT, Allianz's large insurance sales force will have mutual funds to peddle, while Dresdner's retail bank network will become a distribution channel for Allianz's array of insurance products...

Author: /time Magazine | Title: Ending Germany Inc. | 4/16/2001 | See Source »

...merely colorfully descriptive: a No-Tell Motel (1974) is a cheap trysting place; an Oklahoma credit card (1966) is a siphon tube used for stealing gasoline; a kiskeedee (1857) is a French-speaking person who is unable to understand English and keeps asking, "Qu'est-ce qu'il dit?" (What is he saying...

Author: /time Magazine | Title: BOOKS: KISKEEDEE? LOOK IT UP! | 10/6/1997 | See Source »

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