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Parse the language and it means many banks have a new sideline: gambling. "Derivatives have turned the financial markets into a hi-tech, international, 24-hour casino," notes Richard Thomson, a former merchant banker and author of a book published in London, Apocalypse Roulette: The Lethal World of Derivatives. "Right now you have a small number of banks sharing a very large risk. But this could turn out to be a serious problem if these banks are in the wrong place at the wrong time...

Author: /time Magazine | Title: The Banks' Nuclear Secrets | 5/25/1998 | See Source »

...Then a small militant group calling itself the Kosovo Liberation Army started killing Serb policemen and Kosovar collaborators. By the end of last year, they had carved out several no-go zones in the central region, pushing the Serb police into hasty retreat. Starting Feb. 28, Milosevic ordered a lethal sweep against the strongest of the rebel zones, killing more than 80 Kosovars, including 30 women, children and elderly...

Author: /time Magazine | Title: Kosovo Smolders | 5/11/1998 | See Source »

...LETHAL WEAPON 4 (July 10). Six years is a long time between sequels, but this is a hardy franchise. Mel Gibson goes crazy; Danny Glover fumes. What's new? Well, Chris Rock is along to goose the youth market; Hong Kong's Jet Li kicks some Occidental butt and helps sell the film to Asia. Moral: good business is more important than than great moviemaking...

Author: /time Magazine | Title: Cinema: Aieee! It's Summer!! | 5/11/1998 | See Source »

What most non-history-buffs may forget is that during this time period, vigilantes and slavery supporters (most of whom were from Missouri) made almost any activity that most Americans today take for granted--voting, speaking one's mind, even walking after dark--a lethal embarkment. Fights and battles occur not too far from Lidie and her circle of friends, but tragedy never hits close to home--until Thomas is shot point-blank by two Missourians...

Author: By Sarah A. Rodriguez, CRIMSON STAFF WRITER | Title: Wild, Wild West: Smiley Kicks It Covered-Wagon Style | 4/17/1998 | See Source »

Virginia governor Jim Gilmore put U.S. justice above foreign policy concerns when he declined to stay the execution last night of Paraguayan national Angel Francisco Breard. Breard died by lethal injection at the Greenville Correctional Center for the 1992 murder and attempted rape of his Arlington neighbor Ruth Dickie...

Author: /time Magazine | Title: Virginia Executes Paraguayan | 4/15/1998 | See Source »

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