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Ukrainian President Leonid Kravchuk, the prototypical born-again nationalist, is in the habit of referring to all Soviet weapons in his republic as "ours." He enjoys pointing out that Ukraine would be the third largest nuclear power on earth, after the U.S. and whatever is left of the U.S.S.R. Kazakhstan would be fourth. Belorussia would be in the next echelon with Britain, France and China...

Author: /time Magazine | Title: America Abroad | 10/21/1991 | See Source »

...senior suggested Coach Joe Restic's habit of consistently running practices later than scheduled takes its toll on their legs. Over-conditioning aside, the Crimson will have to snap out of its fourth quarter doldrums in order to beat the Big Red (1-3 overall...

Author: By Liz Resnick and Jay K. Varma, S | Title: Gridders Face Big Red Today | 10/19/1991 | See Source »

...furor began when the General Accounting Office revealed that in one year alone, members of Congress bounced 8,331 checks -- 581 for $1,000 or more -- giving themselves, in effect, interest-free loans. Millionaire lawmakers, said investigators, were among the worst offenders, but the habit was shared by Foley, majority leader Richard Gephardt and minority whip Newt Gingrich, which may help explain the lack of enthusiasm for an investigation among any but the most novice Congressmen. "I wrote one check for insufficient funds," said Gingrich, "and deposited funds to cover it within 48 hours." Period...

Author: /time Magazine | Title: Washington Perk City | 10/14/1991 | See Source »

...surprised at the rage the revelations unleashed. Why is everyone interested in this, they wondered, and not my views on the coup in Haiti? All of which served to confirm the impression of a body of lawmakers out of touch with the lives of their constituents and in the habit of placing themselves above the law. This is the Congress, after all, that defends affirmative action and passes laws banning racial discrimination in hiring but then exempts itself from the same guidelines. It was impossible to get all the names of the check bouncers last week because Congress...

Author: /time Magazine | Title: Washington Perk City | 10/14/1991 | See Source »

...their holdings increased, however, Bank of America officers became nervous about the relationship. In a 1976 memo, a Bank of America officer said "many in the Bank of America feel B.C.C.I. officers withhold information from B. of A. personnel." Among other bothersome items: B.C.C.I.'s habit of doling out what a Bank of America officer described as "special patronage" to "leading political figures in the Middle East." But when Bank of America sold off its stock in B.C.C.I. to I.C.I.C. in 1980, the California bank loaned money to the Cayman Islands outfit to finance the deal. Those loans ultimately enabled...

Author: /time Magazine | Title: Scandals: Gilt by Association | 10/7/1991 | See Source »

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