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...DOWN THE SMOKESTACK of the financial part of the Cali cartel's operations," said U.S. Deputy Attorney General George Terwilliger. ! The Desert Storm terminology seemed at odds with the central metaphor of Operation Green Ice, the international drug bust that broke up the complex financial infrastructure of Colombia's premier cocaine cartel. But the effect was at least as impressive. Law-enforcement officials from the U.S. and seven other nations coordinated an assault of unprecedented depth and scope on Cali's network of money managers and distributors. At week's end, more than 165 people had been arrested, including seven...

Author: /time Magazine | Title: Follow The Money | 10/12/1992 | See Source »

...that can flourish in the region's wide range of microclimates, which feature coastal fog as well as baking heat. Some unprofitable and marginally successful varietals will probably disappear, at least in Napa and Sonoma. But vintners insist that they will soon be able to produce more of the premier wines consumers want -- notably Chardonnay and Cabernet Sauvignon...

Author: /time Magazine | Title: Agriculture: Trouble At the Roots | 9/21/1992 | See Source »

Phone rings, door chimes, in comes ORIGINAL CAST ALBUM: COMPANY. At 10 one May Sunday morning in 1970, cinema verite filmmaker D.A. Pennebaker (Monterey Pop) took his camera into the studio to document the recording of Company, the witty, brittle musical that established Stephen Sondheim as Broadway's premier lyricist-composer. Pennebaker fashioned the joy and angst of the 18 1/2-hr. endeavor into a thrilling mini-musical in itself. Virtually unseen for two decades, the film is now available on video (RCA Victor). High points: Dean Jones earnestly attacking Being Alive, Elaine Stritch agonizing through The Ladies Who Lunch...

Author: /time Magazine | Title: Short Takes: Aug. 10, 1992 | 8/10/1992 | See Source »

...leaders of the People's Republic richly deserve sanctions. The people themselves, however, don't. Ever since the Tiananmen Square massacre in 1989, Congress has been looking for ways to beat up on Deng Xiaoping, 87, and his hard-line protege, Premier Li Peng. In addition to repressing its citizens and persecuting its opponents, the Chinese regime has been selling lethal high technology to a number of potential troublemakers, particularly in the Middle East. As a result, Sino-American relations are the worst they have been in 20 years...

Author: /time Magazine | Title: America Abroad: How Not to Break China | 8/3/1992 | See Source »

...Tokyo markets, which have plummeted 30% since January, staged a brief comeback Thursday. They were encouraged by the launching of the new Securities and Exchange Surveillance Commission, Japan's first regulatory agency for stock exchanges, and the news that Japanese Premier Kiichi Miyazawa would convene a special Cabinet session. The Nikkei resumed its steep downward slide Friday, however, after Finance Minister Tsutomu Hata said it would be difficult to bolster the market. Business leaders have urged the government to take steps to prop up the market. Miyazawa, however, is banking on a supplementary budget to stimulate the economy...

Author: /time Magazine | Title: They're All Connected | 8/3/1992 | See Source »

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