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...this much straight: the King family has offered not a shred of credible evidence to support their charges of a wide-ranging government conspiracy. Absolutely none. What they serve up instead is a murky brew of truths, quarter-truths and outright lies assembled by the latest in a long string of Ray defense lawyers: one William Pepper, who is either a credulous buffoon or a con artist. To promote himself and his book on the alleged conspiracy, Pepper has exploited the King family's understandable desire to learn the full truth. Pepper's de facto accomplice is Phillip Jones...

Author: /time Magazine | Title: James Earl Ray, Cause Celebre? | 5/4/1998 | See Source »

...thousands of stocks. Yet today there are 7,000 mutual funds, almost as many funds as there are stocks. And more technology just means more change. Says investment banker David Shaw: "The whole financial industry will likely be turned upside down, with shrinkage in some areas and perhaps some outright failures among those firms that are unable to use technology effectively...

Author: /time Magazine | Title: The Big Bank Theory | 4/27/1998 | See Source »

...perhaps 6% a year in interest payments. On the other hand, lending money to the government of Malaysia is fairly lucrative, but it is not an investment for the faint of heart--the double-digit interest rate brings with it risks of a devaluation, a government coup or an outright default...

Author: /time Magazine | Title: The Big Bank Theory | 4/27/1998 | See Source »

After this mostly promising start, though, Weiland's album is spottier than a leopard-skin fur coat. None of the songs outright suck, but the album's second half is too little musical creativity spread over too much time. "Cool Kiss" and "The Date" combine blinding flashes of white noise with lyrics ("Keep your hands up off of my lips / Capsize just like a tanker / Kill Kill Piss Piss") that are an amateur Freudian's wet dream. "Son" is a gently motoring ode to Weiland's new son, a la "Kooks" off Hunky Dory. "Jimmy Was a Stimulator...

Author: By Josiah J. Madigan, CONTRIBUTING WRITER | Title: Scott Weiland Offers his Version of Heroin Chic | 4/17/1998 | See Source »

Strangely enough, no one ever thought Gorbachev particularly honest, fair or noble. But after he was gone, the country was overwhelmed by a flood of dishonesty, corruption, lies and outright banditry that no one expected. Those who reproached him for petty indulgences at government expense--for instance, every room of his government dacha had a television set--themselves stole billions; those who were indignant that he sought advice from his wife managed to set up their closest relatives with high-level, well-paid state jobs. All the pygmies of previous years, afraid to squeak in the pre-Gorbachev...

Author: /time Magazine | Title: Mikhail Gorbachev | 4/13/1998 | See Source »

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