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...Bill Clinton having an attack of high moral fiber? "I've never seen the administration fighting so hard as they are on this," said Sen. Jay Rockefeller, D-W.Va., before he watched his steel-import quota bill come up three votes short on a procedural vote that would have boosted its chance of passing. Clinton the economist is fighting the quotas ?- meant to protect U.S. steelmakers from lower-priced foreign steel ?- on compelling grounds: They would almost certainly be a violation of current U.S. trade treaties. And at a time when Clinton pounds the world?s podiums calling for globalization...

Author: /time Magazine | Title: Shock! The President Flashes His Principles | 6/22/1999 | See Source »

...network of East Coast backers who were close to his father and uncle, money manager Jonathan Bush. Among them were drugstore tycoon Lewis Lehrman, who lost a bid for Governor of New York in 1982; venture capitalist William H. Draper III, who would become president of the U.S. Export-Import Bank during the Reagan Administration; and Celanese CEO John Macomber, who later landed the same post...

Author: /time Magazine | Title: How George Got His Groove | 6/21/1999 | See Source »

...proved that the Suhartos broke any laws amassing such possessions. Their companies consist mostly of operating entities that turn profits, create jobs and import Western technology. Nonetheless, the code of secrecy shielding the family's fortune is breaking down...

Author: /time Magazine | Title: Indonesia: It's All In The Family | 5/31/1999 | See Source »

...intricate nationwide system of patronage that kept him in power for 32 years. His children, in turn, parlayed their ties to the presidency into the role of middlemen for government purchases and sales of oil products, plastics, arms, airplane parts and petrochemicals. They held monopolies on the distribution and import of major commodities. They obtained low-interest loans by colluding with or even strong-arming state bankers. Subarjo Joyosumarto, managing director of Bank Indonesia, describes an environment that "made it difficult for the state banks to refuse [Suharto's offspring]." A former business associate of the children estimates that...

Author: /time Magazine | Title: Indonesia: It's All In The Family | 5/31/1999 | See Source »

...brought Nicole Kidman to Broadway earlier this season, reduced Schnitzler's La Ronde to a trivial actors' exercise for two. Hare then went one better (or one lesser) by appearing onstage alone, recounting his trip to the Middle East and calling it a play, Via Dolorosa. Another well-received import from Britain, The Weir, is a 90-minute chamber piece in which the denizens of a bar in Ireland trade ghost stories. This year's Pulitzer Prize for drama went to Wit, an affecting play about a woman dying of cancer, but essentially an expanded monologue...

Author: /time Magazine | Title: Theater: Broadway, Straight Up | 5/10/1999 | See Source »

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