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...making an honest living is not an Irving Kott hallmark. Although he claims Canadian residency, Kott spends much of his time in California and lives at a rented 4,000-sq.-ft. mansion in Beverly Hills with a swimming pool and tennis court that was once the home of Cary Grant. Officially, the tenant is Rhoda F. Kott, Irving's wife, and there's a reason: by claiming Canadian residency, Kott has been able to avoid being served with subpoenas at JB Oxford's headquarters. Until a few months ago, Oxford reimbursed Kott's consulting firm for the rent...

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

Early this year, several Oxford branch managers and employees from various parts of the country held at least two meetings at Kott's Beverly Hills mansion. Rubenstein, according to a former employee, was at both meetings, but they were chaired by Kott. A source in the brokerage business says Kott has actually described himself as the "owner" of JB Oxford. When TIME asked Kott about his relationship with JB Oxford, he denied owning any stock and described himself as a consultant...

Author: /time Magazine | Title: THE SECRET LIFE OF JB OXFORD | 12/9/1996 | See Source »

...tyrant has stockpiled much of the country's wealth for himself: his fortune is estimated at several hundred million dollars. "The Guide," as he has dubbed himself, lavished much of that money on empty show. When rebel looters in Goma recently entered the President's local villa--a mansion Mobutu visited just once, but kept ready for his imminent return--they found a house full of plastic "marble" and fake antiques. Other expressions of his grandeur are not so hollow: he owns chateaus in Spain and Belgium, a town house in Paris and a horse ranch in Portugal. Such abuse...

Author: /time Magazine | Title: MOBUTU: IS HIS TIME ENDING? | 11/25/1996 | See Source »

...didn't do anything Bob Dole didn't do; he and his party just did it with the seal of the White House behind them. What does a $25,000 contribution to the Democratic National Committee mean? It will get an event with Al Gore at the vice-presidential mansion. Twice that amount gets a party of 10 people into the White House to see the President. And $100,000? That's a small dinner with the President at the Hay Adams Hotel just across from 1600 Pennsylvania Avenue...

Author: /time Magazine | Title: THE MONEY MESS | 11/11/1996 | See Source »

...having trouble concentrating on the final presidential debate because I kept imagining Ross Perot watching alone in his Dallas mansion and yelling out the answer to every question the moment it was asked, like a particularly geeky member of Mensa taking in a week's worth of Jeopardy! tapes on Saturday night...

Author: /time Magazine | Title: SHOULDA, WOULDA, COULDA | 10/28/1996 | See Source »

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