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...contempt last month for having written an article that allegedly criticized the Singapore government; by Singapore's Supreme Court. The court's order prevents Lingle, who left his fellowship at a Singapore university and returned to the U.S. before the trial, from removing some $20,000 in savings and pension accounts unless he pays a $6,850 fine and his share of the court costs. ASSASSINATED. BLANCA JEANETTE KAWAS FERNANDEZ, 48, fervent Honduran ecologist who antagonized peasants and developers alike in pressing for effective forest management and preservation of nature parks; by an unknown gunman; while...

Author: /time Magazine | Title: Milestones Feb. 20, 1995 | 2/20/1995 | See Source »

...This was about mutual funds and pension funds, and that means average Americans...

Author: /time Magazine | Title: DON'T PANIC: HERE COMES BAILOUT BILL | 2/13/1995 | See Source »

...mutual funds held by tens of millions of little-guy investors who bet their savings on double-digit yields in emerging markets like Mexico. ``This wasn't about bailing out Wall Street,'' a congressional staff member said of last week's Executive Order, ``but about mutual funds and pension funds, and that means average Americans.'' People, for instance, like Anna Stathas, 76, and Angeliki Palassopoulos, 72, who on Dec. 27 sued the La Jolla, California, office of Merrill Lynch for putting them into a Mexican fund. Their suit charged that they lost nearly half the $73,000 they invested after...

Author: /time Magazine | Title: DON'T PANIC: HERE COMES BAILOUT BILL | 2/13/1995 | See Source »

While Whitman's fiscal strategies are popular with G.O.P. conservatives, they may not make sense in the long run. To balance her budget, she cut the amount the state paid into its pension fund, maintaining that the projections were vastly overestimated. Whitman plans to trim, among other items, the state's environmental-protection and transportation budgets. She will also lay off 812 state workers. An additional 2,200 positions will be contracted out to the private sector. However, with state funding for local services likely to shrink, some municipalities are raising local property taxes to make up the shortfall. According...

Author: /time Magazine | Title: FROM NEW JERSEY, THE GREAT WHITMAN HOPE | 2/6/1995 | See Source »

...little Saturday-morning self-reliance is all well and good. But in many cases Americans are acting out of long-term necessity, unable to depend on a lifelong job or the pension that accompanies it. Those doubts help explain why more than 25 million American workers now take the wise step of investing in 401(k) and similar savings programs, up from fewer than 16 million in 1988. ``I'm looking out for myself,'' says Monica Phillips, 26, a Boston marketing executive who puts 10% of her $45,000 salary in her company's 401(k) and other investments. ``With...

Author: /time Magazine | Title: THE STATE OF THE UNION | 1/30/1995 | See Source »

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