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...former New York Senator, now Under Secretary of State for Security Assistance. Although he had been active in the family businesses at the time some of the alleged violations occurred, he had severed his formal business relationships while holding public office. He is a defendant, however, in multimillion-dollar civil suits by shareholders who say they were defrauded...

Author: /time Magazine | Title: Free Enterprise, Buckley Style | 11/16/1981 | See Source »

...multimillion-dollar estate in Riyadh, Sheik Abdul Aziz Tawajiri, a commander of the Saudi Internal security force under Prince Abdullah, delivered an emotional warning. Its essence: Saudi Arabia's aspirations to pan-Arab leadership are incompatible with close Saudi-American friendship, so long as the U.S. remains Israel's chief supporter. Within Saudi Arabia, warned Tawajiri, "a generation gap is developing. Perceptions of the U.S. are changing, slowly perhaps, but for the worse." As most of his ten sons sat silently near by, the sheik, who is in his early 70s, asserted that they "have sizzling arguments with me. They...

Author: /time Magazine | Title: AWACS: He Does It Again | 11/9/1981 | See Source »

Undeterred by that chilly response, Gibson gave the London Daily Mirror a memo purportedly written by a De Lorean executive. It was silent on the subject of a multimillion-dollar investment shortfall, but described a lesser lapse. The memo said the company had purchased gold faucets and other items worth $19,000 at Harrods, the expensive London department store, for the Ulster home of one of its executives. The firm reportedly "fuzzed" these expenses in bookkeeping records. De Lorean dismissed the latest charges and added: "We plan to file substantial libel actions against all the De Lorean people involved...

Author: /time Magazine | Title: Reading the Mail | 10/19/1981 | See Source »

...faculty members this week expressed concern that a proposed multimillion-dollar biomedical research facility affiliated with the school might lead to conflict of interest and other academic problems...

Author: NO WRITER ATTRIBUTED | Title: MIT Faculty Debates Proposed Facility | 9/18/1981 | See Source »

...instance gambling chips were put up as collateral for a large loan.) The fund also made curious multimillion-dollar loans to developers with close ties to mobsters and to Central States' own trustees...

Author: /time Magazine | Title: Labor in Vain | 8/24/1981 | See Source »

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