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Until this summer there had been few hints of trouble in paradise. Over the past five years, Rewald, 41, had persuaded some 400 investors, many of them Hawaiian plutocrats and VIPS, to pour $13 million into his flimflam firm. As recently as last June, he had been a local bigwig himself, owner of the Hawaii Polo Club and hobnobber with Governor and Mrs. George Ariyoshi. But in August an Oahu grand jury indicted him for theft; claims of nearly $8.4 million have been filed against him. Pronounced Bankruptcy Trustee Thomas Hayes: "The money is gone...

Author: /time Magazine | Title: Fantasy Island, Aloha-Style | 10/3/1983 | See Source »

...Philippine military has been transformed from a small, apolitical force into a bloated guarantor of Marcos' power. The country's institutions, from city halls to the courts to the press, have been emasculated. The economy has been crippled by "crony capitalism," a system that saw the government pour hundreds of millions of dollars into a handful of companies controlled by the President's friends...

Author: /time Magazine | Title: The Philippines: An Uncertain New Era | 9/5/1983 | See Source »

Japan is the terminus for a floating pipeline, a long convoy of supertankers that stretches 6,500 miles from the Persian Gulf through the Strait of Malacca, into the South China Sea and finally to Japanese ports. From those tankers and others pour 99.8% of the country's oil and 70% of its total energy needs. Japan also imports 90.7% of its natural gas and 81.8% of its coal. The whole edifice of Japanese prosperity is built on those foreign energy sources...

Author: /time Magazine | Title: At the End of a Floating Pipeline | 8/1/1983 | See Source »

Plain generic packaging started sweeping through U.S. food chains five years ago. The result was lower prices for many standard items, ranging from bathroom tissue to light bulbs. Now some supermarkets are going generics one better: no packaging at all. They are offering foodstuffs in bulk; buyers pour from vats or scoop out from bins the amounts they want...

Author: /time Magazine | Title: Buying in Bulk | 7/25/1983 | See Source »

Though events pour by in an extravagant rush, the plot in fact centers on Alexander (Bertil Guve) and his sister Fanny (Pernilla Allwin), as they adjust to their father's death and their mother's quick remarriage to a tyrannical bishop Guve's huge brown eyes watch everything silently, building a mask to ward off the collapse of his world. Through Alexander we watch the movements of the rest of his family, particularly his grandmother (Guna Waugrea), who embodies the wisdom and vision of a true matriarch. An aging actress, she controls her family and tries to face...

Author: By Rebecca J. Joseph, | Title: Tapestries of the Spirit | 7/6/1983 | See Source »

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