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...countries in which they operate, DEA agents in Mexico work under tight legal constraints. The 30 or so agents, most of them Mexican Americans, are not allowed to make arrests, seize illicit drugs or even question suspects. Though formally attached to the U.S. embassy, they mainly work undercover with paid informers. Much of the time, they are relatively powerless. Says one enforcement officer: "Intelligence is the only game we play down here. For example, some Chicago families have direct links with the Durango Mafia. We listen to the street talk and occasionally we get a report that so many...

Author: /time Magazine | Title: Mexico the Hunters Become the Hunted | 9/8/1986 | See Source »

...brokerage firm, and Dennis Levine, the ex-investment whiz who has already pleaded guilty to a variety of insider-trading charges filed by the U.S. Government. Litton's contention: that in November 1982, while Levine was employed by Lehman Bros. Kuhn Loeb (now merged into Shearson Lehman), his illicit trading activities helped puff up the price of stock in Itek, an electronics firm, just as Litton was preparing to buy the company. Shearson officials have described the Litton damage claim as "without merit...

Author: /time Magazine | Title: Lawsuits: Another Shoe in a Scandal | 9/1/1986 | See Source »

...July, and wage increases gave consumers the wherewithal for a huge spending binge. But the buying spate has created shortages -- at official prices -- of such items as automobiles, meat and eggs, leading merchants to ask for under- the-table sweeteners, meaning renewed price pressure. When the raids were launched, illicit greenbacks were selling in Brazil for 88% more than the legal rate, or nearly 26 to the dollar. That was the highest unofficial premium in 33 years...

Author: /time Magazine | Title: Currencies: Stop Passing the Buck | 8/25/1986 | See Source »

...stingy with heroes, the fall of sports stars to the lure of cocaine and other narcotics has helped spur the growing national concern about drug abuse. It has also prompted college and professional sports officials to search for new ways to crack down on the illicit indulgences of those who are supposed to serve as exalted role models...

Author: /time Magazine | Title: Sport: Scoring Off the Field | 8/25/1986 | See Source »

...sports sociologist at the University of California, Berkeley, who predicted back in 1981 that drug use would become a "big catastrophe" for athletes, theorizes that the U.S. has in effect become a "high" society. "The inescapable image emerges of a nation consumed in drug taking, both legal and illicit," says Edwards, adding: "The fact that we have by tradition placed our athletes upon a pedestal does not elevate them above prevailing cultural tides." University of North Carolina Basketball Coach Dean Smith agrees: "What we're seeing in sports is a by-product of what's going on in society...

Author: /time Magazine | Title: Sport: Scoring Off the Field | 8/25/1986 | See Source »

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