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...Winter Olympics. At Sarajevo in 1984, the Soviets collectively came in first, the East Germans second. U.S. Olympians were fifth, taking just eight of the 117 medals awarded. That total was bettered by athletes from Finland and Norway and equaled by the Swedes. Even the quark-size principality of Liechtenstein claimed two bronzes. The long white winters of Europe, from Lapland down to Alpine Italy, virtually invite the young and gifted to test their skills on slopes and frozen ponds. In an athletic sense at least, geography contributes to democracy. That is why, if form holds true, stars from central...

Author: /time Magazine | Title: Olympic Preview: The Foreign Favorites | 2/15/1988 | See Source »

...million, reorganized it, launched a raid on Diamond International, began eyeing St. Regis, the Continental Group, Colgate- Palmolive, Crown Zellerbach, Goodyear Tire & Rubber, Pan Am. He operated through a network of Panamanian and Caribbean holding companies, all ultimately controlled by an organization called the Brunneria Foundation, headquartered in Liechtenstein and entirely owned by Goldsmith and his family...

Author: /time Magazine | Title: The Lucky Gambler: Sir James Goldsmith Is a Billionaire Buccaneer | 11/23/1987 | See Source »

...then arranged to buy the takeover stocks through two Wall Street brokerage firms, MKI Securities and Russo Securities, neither of which has been charged with wrongdoing. The profits from the trades returned in a roundabout way to Vaskevitch and Sofer through two intermediate companies, situated in England and Liechtenstein, in which Sofer held an interest, the SEC claims...

Author: /time Magazine | Title: The Insider: Scandal Travels Abroad | 3/23/1987 | See Source »

...trust set up by deposed Ghanaian President Kwame Nkrumah, who died in Rumania in 1972. Gullible investors were told that the Oman Ghana Trust Fund, to be used for economic development in Ghana, had shadowy origins and was funded with billions of dollars in banks in Switzerland and Liechtenstein; the story was backed up with an account number and a vaguely worded letter from the Union Bank of Switzerland...

Author: /time Magazine | Title: Out of Africa: Stung by a Ghanaian smoothy | 4/21/1986 | See Source »

...ruled his tiny state for 46 years. But when Prince Franz Josef II, 78, stepped down this week the citizens of Liechtenstein (pop. 26,500) were assured that the regal line would be unbroken. In a quiet ceremony marked by a church service and the signing of documents, Franz Josef handed over the regency to his popular-and fervently modern-eldest son, Prince Hans Adam, 39. The Swiss-educated Hans, who for years has managed the family fortune, including an extensive art collection and real estate holdings, believes royalty still has a vital role. "The President of the United States...

Author: /time Magazine | Title: People: Sep. 3, 1984 | 9/3/1984 | See Source »

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