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...York City police, acting on a tip, are making a bust in the heist of more than $1 million in jewels from world-famous Tiffany's last Sunday, police sources confirmed to TIME New York correspondent Massimo Calabresi. They expect to recover some or all of the precious purloined stones. Investigators were acting on search warrants for an undisclosed location this afternoon, and expected to arrest one or more suspects tonight. The tipster's motive for coming forward: a $50,000 reward from Tiffany's and its insurers for information on the theft...

Author: /time Magazine | Title: EXCLUSIVE . . . TIFFANY'S CULPRITS NEAR ARREST | 9/9/1994 | See Source »

...Most of my friends used to live in homes," says a woman who lives in a tent. "Now they're camping." This was outside Telluride, the too-precious- for-words old Colorado mining gem that perches way up there in the San Juan Range like a jay's nest in a ponderosa pine. The woman, Jill Mattioli, 28, used to have an apartment in town -- back when she could afford it. Now she lives off in the woods near others who service Telluride in manifold ways but whose purchasing power is so weak they sleep in their cars, in campers...

Author: /time Magazine | Title: Down and Out in Telluride | 9/5/1994 | See Source »

...though, the Katzenberg era at Disney -- one of phenomenal growth, an eerie stability and that amazing revival of the precious cartoon heritage -- has ended. Oh well, as the Lion King would say, hakuna matata. Not to worry. Eisner will reinvent his company, and soon, perhaps, Katzenberg will invent his own. For the moment, he's in the hot seat. His former colleague -- and future competitor -- is sitting in the Katzenberg seat...

Author: /time Magazine | Title: It's a Small World After All | 9/5/1994 | See Source »

...regimes are fond of selling timber concessions because they can put money in a treasury at little immediate cost to the government, while other industries can take years to produce results. Timber operations often ultimately drain more money than they yield by burdening a nation's infrastructure and degrading precious natural assets, but it is easy for a sitting government to ignore these costs because they become a problem only for subsequent administrations...

Author: /time Magazine | Title: Chain Saws Invade Eden | 8/29/1994 | See Source »

This intelligence trove was provided by General Dmitri Polyakov, a barrel- chested weekend carpenter and collector of fine shotguns who served as a top officer of the Soviet military intelligence agency, the GRU. Polyakov began working for U.S. intelligence in 1961, and during the succeeding decades % he passed increasingly precious secrets, at blood-chilling personal risk. In Moscow he brazenly stole from the GRU stockroom a special kind of self- destructing film that he used to photograph secret documents, as well as hollow, fake stones in which to conceal the film in meadows for pickup by U.S. spies. To signal...

Author: /time Magazine | Title: Death of The Perfect Spy | 8/8/1994 | See Source »

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