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...crimes. The roundup has netted former ministers from the two main political parties and, most recently, even Zia's own son Tareque Rahman. Last week Rahman, 40, appeared in court to face a charge (which he denies) that he extorted $147,000 from the owner of a Dhaka construction firm. The government has also frozen hundreds of millions of dollars in bank accounts belonging to politicians-money it suspects was illegally obtained...

Author: /time Magazine | Title: "Corruption has emerged as a great threat." | 3/22/2007 | See Source »

...Consider, for example, the transformation of Brooklyn-bred Rudy into an honorary Texas oil lawyer. From the start of their private-sector days, Giuliani and his associates were intent on joining a law firm in addition to running their consulting business. It made sense: before he was mayor, Giuliani was a senior official in the Reagan-era Justice Department. His subsequent flashy tenure as U.S. attorney in New York launched his political career. As he explained in an interview with a Texas newspaper last year, "About three-quarters of the people in Giuliani Partners are lawyers, and we always wanted...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

...happened, Bailey had a friend in Texas named Patrick Oxford, managing partner of an old Houston law firm called Bracewell & Patterson. And Oxford had a problem. He could see that the future was bleak for regional law firms in a globalizing economy. Expanding the firm, especially into Manhattan, had become a matter of life and death, Oxford later recalled...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

...Kismet! In 2005 a match was made and, after a courtesy call to the widow of old Mr. Patterson and a first payment to Giuliani estimated at $1 million to $1.5 million, the firm was renamed Bracewell & Giuliani. The former mayor began recruiting lawyers and drumming up business in his old stamping grounds...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

...Here's where the politics comes in: Oxford is a well-wired Republican who raised hundreds of thousands of dollars for the Bush campaigns. Oxford said at the time the deal was struck that it wouldn't be a success until the firm had 100 lawyers in New York. Giuliani is leaving the partnership well short of that goal. But Oxford must not be too unhappy. He is the chairman of Giuliani's exploratory committee...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

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