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...York Democrat Stephen Solarz, chairman of the House Subcommittee on Asian and Pacific Affairs, in three bulging brown folders. Hours before, at the State Department, an identical package had been delivered to Jovito Salonga, head of the official Philippine commission charged with recouping the scattered wealth of deposed President Ferdinand Marcos and his free-spending wife Imelda. In all, the 2,300 pages formed an intriguing if incomplete treasure map of the vast fortune that Marcos, his family and cronies command. The cache only confirmed much of what Salonga had already unearthed among the personal effects the Marcoses abandoned...

Author: /time Magazine | Title: The Philippines Chasing Marcos' Millions | 3/31/1986 | See Source »

...palace doors came loose on their hinges, and the inventory began tumbling out of the overstuffed world of Ferdinand and Imelda Marcos. It was an impressive accumulation: a billion here, 800 million there; an office tower in Manhattan; a waterfront estate on Long Island; dozens of country houses in the Philippines; and even a second palace in Marcos' home province, Ilocos Norte, which almost no one knew about until now. One took the spectacle in with a feeling of wonder and disgust, something like one's reaction, as a child, upon learning that Egypt's King Farouk ate 600 oysters...

Author: /time Magazine | Title: Essay: The Shoes of Imelda Marcos | 3/31/1986 | See Source »

...membership is scattered. Ferdinand Marcos will evidently settle in Hawaii. "Baby Doc" Duvalier has moved to the French Riviera, at least for the time being. Uganda's Idi Amin has managed to make himself all but invisible in Saudi Arabia. The Central African Republic's Emperor Bokassa has found a home near Paris. And so on. But such men are rarely welcomed, and never feel at home, in the places where the jet stream has deposited them. They keep out of sight...

Author: /time Magazine | Title: Essay: The Island of the Lost Autocrats | 3/17/1986 | See Source »

...week after Ferdinand Marcos touched down at Hickam Air Force Base in Hawaii, U.S. Customs officials were still examining his luggage. The deposed Philippine President and his 88-member entourage brought with them 22 boxes of freshly minted pesos and 278 crates of jewelry, artworks, gold and real estate deeds. That cache last week became the centerpiece in a tug-of-war between Marcos and the new government of Corazon Aquino, which claimed that the loot and other Marcos wealth abroad legally belonged to the Filipino people. The Reagan Administration found itself caught between its desire to help the fledgling...

Author: /time Magazine | Title: The Philippines Digging for Treasure | 3/17/1986 | See Source »

MANILA, Philippines -- Corazon C. Aquino's government has frozen the bank accounts of more than a dozen close associates of Ferdinand E. Marcos to make sure the money stays in the Philippines, an official said yesterday...

Author: NO WRITER ATTRIBUTED | Title: Marcos Supporters' Bank Accounts Frozen | 3/11/1986 | See Source »

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