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...interview comes to an abrupt end, and I find my way unescorted back through the carpeted corridors and marble halls, out onto the street. I am perplexed. How can deButts believe that his control over a single multibillion dollar corporation justifies his having political power rivaling that of most elected officals in areas in which he has no expertise? After three years at Harvard and a summer in Washington, I had expected the worst from our government, so it was no surprise that corporate dollars buy political power. But I hardly believe the corporate attitude that such practices are natural...

Author: By Andrew P. Buchsbaum, | Title: Minding Everybody's Business | 4/12/1979 | See Source »

...does well by doing good. What is needed is a reorganization of the aid program in order to centralize its di rection, clarify its aims and display to the U.S. people that its lofty missions can produce down-to-earth results. As the early reaction to Carter's multibillion-dollar pledge in the Middle East showed last week, the nation is willing enough to assist other peoples if there is a reasonable promise that the investment will produce political or humanitarian benefits. -Frank Trippett

Author: /time Magazine | Title: Time Essay: The Downs and Ups of Foreign Aid | 3/26/1979 | See Source »

...Khomeini has drawn a list of priorities for the Islamic nation that he envisions, one item in particular must surely be near the top. He has promised to dismantle the estimated multibillion-dollar financial empire that the Shah and his family have created for themselves. Sources in Tehran last week, evidently now willing to discuss long secret information, disclosed something of the nature of that empire. The royal family and the Pahlavi Foundation, which the Shah created in 1958, operated 205 business firms, banks and factories in Iran. The foundation controls 96 such enterprises; the rest are either fully...

Author: /time Magazine | Title: IRAN: The Shah Takes His Leave | 1/29/1979 | See Source »

...sources in Jerusalem predicted that the remaining problems on the document could be worked out by March at the latest. Meanwhile, Anwar Sadat remains committed to a proposal he has made to Washington before: lean on Israel enough to get a comprehensive settlement, then build up Egypt with a multibillion dollar Marshall Plan and use it as a policeman of the Arab world. A more modest version of that grandiose scheme could fit in with a plan for a trilateral power structure in the Middle East that some Americans and many Israelis have proposed: the development of the entire area...

Author: /time Magazine | Title: IRAN: The Crescent of Crisis | 1/15/1979 | See Source »

...book The South African Connection, the anti-apartheid author Ruth First writes that "by many South Africans Engelhard is regarded as the savior of the post-Sharpville economy." Individuals of somewhat different political sensibilities hold exactly the same view. Anglo-American, the multibillion dollar conglomerate the dominates the South African economy, offers this official word on Charles Engelhard: "In difficult times, when South Africa was badly in need of capital, Engelhard played a vital and signifigant role in helping to bring it from abroad. He thus not only restored confidence in the country's economy, but actively assisted in boosting...

Author: By Jonathan D. Ratner, | Title: Goldfinger Buys a Library | 10/13/1978 | See Source »

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