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...trail led them to Louis Marx Jr., a New York City financier. Marx, an heir to a toymaking fortune, supplied Bush with $2.3 million in government- guaranteed financing to bankroll Apex Energy, an oil exploration firm the President's son started in May 1989. Marx's venture-capital firms were declared insolvent a year later, triggering a $25 million federal bailout. As a result, taxpayers may once again have to underwrite a Neil Bush venture. Bush financed his earlier firm, JNB Exploration, with loans from two Silverado customers whose $130 million in defaults helped escalate the cost...

Author: /time Magazine | Title: Hasn't He Been Here Before? | 1/14/1991 | See Source »

...Turkey TV's most obnoxious chef is a would-be comic whose series appears on the Discovery Channel. Pasquale Carpino of Pasquale's Kitchen Express yowls snatches of operatic arias as he demolishes eggplants and describes his recipes in a tootsie-frootsie accent that was barely funny when Chico Marx used...

Author: /time Magazine | Title: Food: Most of Food | 12/31/1990 | See Source »

...evidence is everywhere. If Marx's socio-economic dream was supposed to erase nationalism, then why are Lithuanians so intent on preserving their national tongue and culture from Russian encroachment? Why are the Armenians and Azerbaijanis slaughtering one another (with stolen Soviet military paraphernalia) over an Armenian-populated strip of land in Azerbaijan territory? Why are Central Asian republics like Uzbekistan, traditionally a politically docile state, now clamoring for more regional autonomy...

Author: By Adam L. Berger, | Title: Eyeing the New Russia | 12/13/1990 | See Source »

...much for utopia. So much for Marx. And so much for Lenin...

Author: By Adam L. Berger, | Title: Eyeing the New Russia | 12/13/1990 | See Source »

...high end of men's fashion prospers and the middle ground looks for new style and stability, the only fashion constant is flux. Bilzerian talks about suits in shades of aubergine and pine green; even Hart Schaffner & Marx's Hoffman waxes evangelical about pleated pants as "a major fashion direction." To hear him tell it, it's only a matter of time until the Hartmarx man looks like a second cousin to the Duke of Windsor: "British is hot right now. You're going to see more 11-in. side vents, ticket pockets . . ." Could it be the beginning of another...

Author: /time Magazine | Title: Bonfire of The Business Suits | 11/19/1990 | See Source »

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