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...investigators who say he skimmed that colossal amount from his country's oil revenues and created an army of front companies to put it in banks and investments around the world. Such unprecedented thievery would dwarf the more than $200 million that authorities in the Philippines say former President Ferdinand Marcos looted from that nation's treasury. With so much at stake, governments around the world rushed to dig through mountains of financial documents last week to find Saddam's hidden wealth...

Author: /time Magazine | Title: Did Saddam Skim Billions? | 4/8/1991 | See Source »

...armed forces remained loyal to Ferdinand Marcos in the wake of massive election cheating in 1986, Corazon Aquino would not have become President. Had rebel factions of the army succeeded in the coup attempts that followed, Aquino would not still be in office today. In almost every case, the man who made the difference was General Fidel Ramos, Marcos' mutinous vice chief of staff and Aquino's faithful Secretary of Defense. Last week Ramos, 63, declared his intention to go after the top job himself -- constitutionally. In a move that surprised many of the other 10 contenders, Ramos announced...

Author: /time Magazine | Title: THE PHILIPPINES: Ramos Jumps Into the Race | 4/8/1991 | See Source »

Behind each woman in power was a powerful man or an influential political dynasty. In their election campaigns, Aquino and Chamorro constantly reminded voters that they were carrying on the work of their deceased husbands. Aquino is the widow of Benigno Aquino Jr., Ferdinand Marcos' most bitter rival, who was assassinated in August 1983; Chamorro is the widow of Pedro Joaquin Chamorro, the newspaper publisher whose murder in 1978 led to the downfall of the brutal Anastasio Somoza regime. During her 1988 election campaign, Bhutto never ceased alluding to the legacy of her father Zulfikar Ali Bhutto, who was executed...

Author: /time Magazine | Title: All in The Family | 11/8/1990 | See Source »

Ultimately the Ottoman decline cost Germany and the rest of Europe a great deal more than that. In June 1914 a Serbian nationalist, angry that the Austrian Habsburgs had replaced the Ottomans as the rulers of the Balkans, assassinated the Austrian Archduke Francis Ferdinand in Sarajevo, triggering the unprecedented death and destruction of World...

Author: /time Magazine | Title: History: Shaky Empires, Then and Now | 10/29/1990 | See Source »

Actor George Hamilton scored his biggest film hit in the 1979 vampire spoof Love at First Bite. Now court records in Los Angeles show that Hamilton may have helped former Philippines President Ferdinand Marcos and his wife Imelda bleed their country's treasury. The papers, filed in a Philippine government effort to recover more than $5 billion that the Marcoses are accused of looting from government coffers, indicate that the couple may have funneled some $12 million through the actor's bank accounts...

Author: /time Magazine | Title: LAWSUITS: By George, He Had It | 10/22/1990 | See Source »

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