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Founded in 1973 by Agha Hasan Abedi, a native of Pakistan, BCCI operates 400 branches in 73 countries. The bank is owned by just 51 shareholders, including members of the Saudi royal family. Among the BCCI officers arrested last week were top managers of the bank's Panamanian, Latin American and French divisions...

Author: /time Magazine | Title: The Cash Cleaners | 10/24/1988 | See Source »

...voters in the Heitger living room provided play-by-play commentary. As soon as Quayle mentioned the pollution in Boston Harbor, Donna McManus, the wife of a policeman, exclaimed, "That's the same as the campaign ad." After an artful Bentsen attack on Bush's ties to Panamanian General Manuel Noriega, Betty Heitger whispered to her husband, "You've got to admit, this guy is very skilled." Halfway through the debate, even the strong Bush partisans were dismayed as Quayle seemed to derail. Die-hard Republican Mike McManus said mournfully, "He's screwing...

Author: /time Magazine | Title: How It Plays In Toledo | 10/17/1988 | See Source »

Foreign affairs got relatively short shrift, and neither debater broke new ground. Dukakis, as expected, assailed Bush sharply for the Administration's dealings with Panamanian strongman Manuel Noriega and for its "tragic" sales of arms to Iran. Bush, he said, had not been "out of the loop," as the Vice President had contended, but had attended "meeting after meeting after meeting" at which the arms sales were discussed and approved. His own position, said Dukakis, was that "there can be no concessions under any circumstances" to terrorists, however "agonizing" it might be to let American citizens remain in captivity...

Author: /time Magazine | Title: An Icy Duke Edges Out Bush in a Taut Debate | 10/3/1988 | See Source »

Herrera's image in Panama is another handicap. A nephew of the late Panamanian Dictator Omar Torrijos, he led military crackdowns against civilian protesters in the former Canal Zone in the 1960s. Called home from Israel by Noriega last year to help repress demonstrations, he did so with what some considered an overly strong hand. Still, if Herrera could topple Noriega and keep the military out of politics while a democratic government emerged, that would more than satisfy U.S. interests. It might also be something of a miracle...

Author: /time Magazine | Title: Coup Maker | 9/12/1988 | See Source »

With Bush creating sideshows and Dukakis muting issues, neither gains consistent support. -- Three battleground states -- Texas, Illinois and California -- hold 100 potentially decisive electoral votes. -- Despite rhetoric, the candidates fail to see inadequate schools as a national- security threat. -- The U. S. backs a cashiered Panamanian colonel seeking a coup against Noriega...

Author: /time Magazine | Title: Time Magazine Contents Page: Sep.12, 1988 | 9/12/1988 | See Source »

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