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...fiercer battle will be over Chernomyrdin's proposal to peg the ruble to the dollar via a currency board -- everyone from international lenders to the Communist opposition is skeptical. "It's like having 1,000 people in a room with no air, and then throwing in a bottle of oxygen with enough for three or four people and saying work it out among yourselves," says Meier. The Darwinian culling of the banking sector has limited appeal to anyone except Moscow's oligarchs, who hope to salvage some of their wealth. Foreign bankers have little enthusiasm for the plan -- besides doubts...

Author: /time Magazine | Title: Russian Roulette | 9/4/1998 | See Source »

...London patrons. He cast her as a full-blown Medusan charmer, snakes twisting in her hair, and himself as the weakened magician under her spell, in The Beguiling of Merlin, 1873-74--King Arthur's court sorcerer reduced to hollow-eyed impotence by a magic fiercer than his own. "Now isn't that very funny," he wrote to a friend 20 years after finishing it, "as [Zambaco] was born at the foot of Olympus and looked and was primaeval and that's [her] head and [her] way of standing and turning, and I was being turned into a hawthorn bush...

Author: /time Magazine | Title: Art: An Escapist's Dreamworld | 6/15/1998 | See Source »

...better. Both exemplify what people in my generation like to flatter ourselves is unique to rock 'n' roll and its offshoots: the immediacy, the idiosyncrasy, the genuineness of expression. Sinatra is the century's musical equipoise, the pivot between the carefully crafted pop of its beginning and the looser, fiercer sounds...

Author: /time Magazine | Title: FRANK SINATRA: The Singer | 6/8/1998 | See Source »

...their popularity, online firms are unlikely to drive full-service brokers into investment history. "There are always going to be people who don't have either the time or the confidence to manage their portfolios," says Burnham of Piper Jaffray. And with competition growing fiercer, he foresees a shakeout in which the largest e-brokers gobble up smaller ones, leaving investors with fewer online options. But with commissions having fallen to nothing and formerly hard-to-get information readily available, the future of investing is already predictable. E-trading is yet another example of the great leveling power...

Author: /time Magazine | Title: A Nation Of Stock Keepers | 5/11/1998 | See Source »

DIED. JORGE MAS CANOSA, 58, vociferous Castro foe; of lung cancer; in Miami. Canosa trained for the Bay of Pigs invasion but proved fiercer in the halls of Congress, where he lobbied successfully for economic embargoes and the controversial Helms-Burton...

Author: /time Magazine | Title: Milestones Dec. 8, 1997 | 12/8/1997 | See Source »

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