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...incidentally, Britain, Canada and Japan are all ruled by their own people. The Philippines, a former U.S. colony and longtime beneficiary of American goodwill, was consigned, informally at least, to a kind of probationary status during Ferdinand Marcos' dictatorship; the "People * Power" revolution and the triumph of Corazon Aquino, however flawed and fragile, have been a reminder that democracy is a sine qua non for a special relationship with...

Author: /time Magazine | Title: A Special Relationship in Danger | 11/14/1988 | See Source »

...crisp, clear voice, Mrs. Marcos, 59, pleaded not guilty to charges of embezzlement and bank fraud involving the purchase of four Manhattan buildings with $103 million in Philippine government funds. Imelda's husband and alleged partner in crime, Ferdinand Marcos, did not appear. The deposed President, 71, said he was too ill to leave Honolulu, where the couple has lived since 1986. Eight other defendants accused in the scam, including Saudi arms dealer Adnan Khashoggi, are abroad. If the Marcoses are found guilty of the main charges, they could face up to 20 years in prison...

Author: /time Magazine | Title: From Ally to Pariah | 11/14/1988 | See Source »

...Ivan Boesky, the gentility of a China Seas pirate. Wed this paragon to a bimbo on the make with the vanity of a Marie Antoinette and a shopping lust that would turn a Beverly Hills divorcee envy-green. Multiply by ten and you have, approximately, the portraits of Ferdinand and Imelda Marcos that Sterling Seagrave paints in this merciless account of the Filipino dictator's rise and fall...

Author: /time Magazine | Title: Books: Mercenary Monsters From Manila THE MARCOS DYNASTY | 11/14/1988 | See Source »

...When Ferdinand Marcos fled the Philippines more than two years ago, a U.S. Air Force plane flew him into comfortable exile in Honolulu. But last week American hospitality came to an abrupt end for the ousted President. In New York City a federal grand jury indicted Marcos, 71, and his wife Imelda, 59, on six counts of racketeering and diverting more than $100 million taken from the Philippine treasury into artworks and real estate in Manhattan. As sweeping as the indictment was, it covered only a fraction of the billions of dollars that Marcos is thought to have stashed away...

Author: /time Magazine | Title: The Philippines Charging the Unindicted Guest | 10/31/1988 | See Source »

...Palestinian uprising turns the Nov. 1 vote into a referendum on policies toward the occupied territories. The Labor and Likud parties hope the ballot will grant them a divorce. -- Ferdinand Marcos is indicted on U. S. racketeering charges. -- In Afghanistan rebel leader Ahmad Shah Massoud girds for a showdown with government forces. -- Yugoslavia' s crisis deepens as politicians squabble...

Author: /time Magazine | Title: Time Magazine Contents Page: Oct. 31, 1988 | 10/31/1988 | See Source »

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