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FOUNDED Teddy Forstmann, philanthropist and leveraged-buyout genius, and his partners at Forstmann Little & Co. began this get-together several years...

Author: /time Magazine | Title: Power Camps | 7/20/1998 | See Source »

...published books circling, vulture-like, in clear anticipation of his passing. At this point any recounting of his accomplishments--his unassailable greatness as a singer, his somewhat more assailable greatness as an actor, his impeccable taste as a curator of the great American songbook, his ancillary talents as both philanthropist and thug, his status as a totem of midcentury masculinity--inevitably takes on a dutiful, ritualistic air. So what better way to breathe a little life into the process than with an insult...

Author: /time Magazine | Title: FRANK SINATRA: The Singer | 6/8/1998 | See Source »

...federal funding of family-planning organizations abroad that condone abortion as an option. But the most obvious nod to religious conservatives in the Senate involves the blockage of Clinton's nomination of James Hormel to be U.S. ambassador to Luxembourg. Hormel is standard ambassadorial material--a businessman, a philanthropist, a former law school dean and, of course, a big-money donor to the Democratic Party. Under ordinary circumstances, Hormel's nomination would have sailed through the Senate with little notice. But Hormel, 65, is gay and a prominent advocate of gay rights, a background that drew the scrutiny and disapproval...

Author: /time Magazine | Title: The G.O.P. Mantra: Keep Dobson Happy | 5/11/1998 | See Source »

...midsentence: explaining the latest piece to emerge from the grand jury or the deposition, putting it in context, dissecting its implication. Last Thursday the President was hyperventilating about a minor Associated Press story that suggested a Kenneth Starr Whitewater witness might be financially connected to the archconservative Pittsburgh philanthropist Richard Mellon Scaife. "The President is completely and totally obsessed with the intricate details of the story as it unfolds day to day," said a defense lawyer on the case. This is partly a reflection of character, partly of circumstance. "In one sense," says an adviser, "it's no different than...

Author: /time Magazine | Title: Will The Secretary Stick To The Script? | 3/16/1998 | See Source »

Could Scaife be Mr. Big? It seems that among most conservatives there are only two degrees of separation from the ubiquitous philanthropist. Those who haven't taken money from him usually work with someone who has. Washington Post matriarch Katharine Graham writes in her memoir that Nixon wanted Scaife to buy the Post during the Watergate scandal. Scaife has also financed the Southeastern Legal Foundation, a backer of former FBI agent Gary Aldrich's loosely sourced, Clinton-bashing best seller Unlimited Access, and the Free Congress Foundation, which once set up a toll-free hot line for women who claimed...

Author: /time Magazine | Title: Persecuted or Paranoid? | 2/9/1998 | See Source »

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