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...bracket saving $5,000 a year and mimicking its investments in a taxable account could expect to accumulate $167,000 in 18 years. Deferring taxes and then paying them at 15% brings the total to $190,000. The state deduction, for those who qualify, pushes the nest...

Author: /time Magazine | Title: New Way to Save | 12/7/1998 | See Source »

...commission's accountants. What's more, under pressure from the federal government, the banks grudgingly waived their hallowed secrecy rules for those wartime accounts. But as the sifting proceeds, the accountants are hitting upon records of Jewish clients who are still alive and in no mood to have their nest eggs probed. Slowing down the inquiry is the investigators' insistence on checking the identity of thousands of Jewish names in the banks' records against the central archives of Yad Vashem in Israel, where more than a million Holocaust victims are registered...

Author: /time Magazine | Title: Adventures In Accounting | 11/30/1998 | See Source »

...commission?s accountants. What?s more, under pressure from the federal government, the banks grudgingly waived their hallowed secrecy rules for those wartime accounts. But as the sifting proceeds, the accountants are hitting upon records of Jewish clients who are still alive and in no mood to have their nest eggs probed. Slowing down the inquiry is the investigators? insistence on checking the identity of thousands of Jewish names in the banks? records against the central archives of Yad Vashem in Israel, where more than a million Holocaust victims are registered...

Author: /time Magazine | Title: Nazi Gold: The High Price of Justice | 11/21/1998 | See Source »

...needs no description. They did not issue any threats. Initially the interrogators were adamant in wanting me to enlighten them on reformasi. I challenged them to write down my statement. I proceeded to mention the billions amassed by [Malaysian officials]. They realized that they had stirred the hornet's nest and changed the proceedings into friendly conversations...

Author: /time Magazine | Title: He Is Drunk with Power | 11/16/1998 | See Source »

Fifteen minutes before the guns of the Western Front fell silent, Lieutenant Larry Austin '20 of the U.S. 28th Division and 109th Infantry Regiment commandeered a charge on a German machine-gun nest and was killed shielding his men from crossfire...

Author: NO WRITER ATTRIBUTED | Title: Recalling Harvard's Greatest Sacrifice | 11/12/1998 | See Source »

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