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Johnson was not exactly sure of what to do with the Bundy operation. He found out soon enough. During the Panama crisis in January 1964, Bundy was off in Antigua on vacation. The President did not summon him back, but he gradually became aware that the memos on national security were not so crisply phrased, the advice was not so succinct and pointed as when Bundy was around. From that time on, Bundy had President Johnson's full confidence. And when Bundy routinely submitted his resignation after Johnson was elected in his own right...

Author: /time Magazine | Title: Nation: The Use of Power With a Passion for Peace | 6/25/1965 | See Source »

...President ends, Bundy is determined to retreat from public view. But he is sure to surface again, for his shop is a kind of crisis center, and there has been no shortage of crises in the past 4½ years-from Laos, Cuba and Berlin under Kennedy, to Panama, Viet Nam and the Dominican Republic under Johnson...

Author: /time Magazine | Title: Nation: The Use of Power With a Passion for Peace | 6/25/1965 | See Source »

...millions too hot to handle, Munoz channeled the funds into two banks that he controlled, the Swiss Savings & Credit Bank of St. Gallen and the Geneva Commerce & Credit Bank. To invest the Trujillo hoard without attracting attention, Munoz set up obscure financial companies in such places as Liechtenstein and Panama, also opened or bought banks in Rome,' Beirut, Andorra and Luxembourg...

Author: /time Magazine | Title: Switzerland: Banking Scandal | 6/11/1965 | See Source »

...worker named Lucille Ellis at a Thanksgiving party, married her after a three-month courtship. "We danced a lot," says Lucille Simon of the courtship. "While he isn't that winning a dancer, his dialogue is great." For a honeymoon, Simon took his bride on a cruise through the Panama Canal, then went on a week's tour of East Coast steel mills to learn about the tin making that affected his tomato canning. One stop: at Wheeling Steel in West Virginia, where Simon informed Lucille: "Some day I'm going to be in the steel business." Said Lucille, whose...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

While the roots of the inter-American system go back to 1826, when Liberator Simón Bolivar called a meeting of eight nations in Panama to write a treaty for common defense and peaceful settlement of disputes among neighbors, the OAS dates its birth to the formation of the International Union of American Republics in 1890. Political family-hood, as Bolivar envisioned it, did not arrive until 1947, when a new generation of defense-minded Americans, meeting in Rio de Janeiro, drew up a treaty for mutual protection against aggression. In 1948 in Bogota, they agreed on a charter...

Author: /time Magazine | Title: The Hemisphere: THE OAS: Trying to Hold the Americas Together | 5/14/1965 | See Source »

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