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Customs officials say the initial C-Chase probe of narcotics "greenwashing" in Florida, which started in 1986, led them to BCCI's drug-money network. Posing as money launderers, "Musella," "Erickson" and other agents gradually infiltrated drug-trafficking circles. In May 1986 Gonzalo Moro Jr., reputed to be the chief launderer for the Medellin cartel, approached one of the agents with a proposition. If the agent were to open some Florida bank accounts and help Moro launder cash, Moro would pay a commission on each transaction...

Author: /time Magazine | Title: The Cash Cleaners | 10/24/1988 | See Source »

...next page you'll find a larger Index, designed to let you know promptly what is in the magazine every week. the new Interview section will probe some of the personalities who influence the course of history and thought. American Ideas will bring you closer to people who are not household names but who do make a difference. Critics' Choice will present a convenient and more complete summary of our reviewers' judgments. the expanded People section is, well, just more fun. in all of this, our aim is to find new ways to offer you more information, more quickly...

Author: /time Magazine | Title: A Letter From the Managing Editor: Oct. 17, 1988 | 10/17/1988 | See Source »

...satellite, which will be used in part to monitor Soviet compliance with nuclear-arms-reduction treaties, will be aboard the next shuttle. Scientists too have been granted accommodations -- aboard the Atlantis in April 1989, the next opportunity to launch the Magellan mission, and the following October for the Galileo probe. The Hubble telescope may finally get off the ground in February 1990, and Ulysses in October of that year...

Author: /time Magazine | Title: Space: The Magic Is Back! | 10/10/1988 | See Source »

...office with an apparent belief that some MIAs might still be living; at the same time, the President was critical of previous Administrations for what he considered their neglect of the question. In 1981 the White House created a Washington-based task force of more than 100 investigators to probe reports of servicemen missing in Southeast Asia. For its part, Hanoi views the MIA issue as its strongest lever for establishing diplomatic relations with the U.S. and thereby gaining desperately needed economic aid. "What else do we have?" asks a Foreign Ministry official...

Author: /time Magazine | Title: Viet Nam The Wound That Will Not Heal | 10/10/1988 | See Source »

...part, this is a sensible policy. A compassionate nation must always probe for any opportunity to win freedom for any of its citizens held hostage. But substantive negotiations with terrorist bands would only swell their prestige and seem to legitimize their bloody operations. Thus the U.S. is fully ) justified in negotiating only with the sovereign governments that back terrorists, even though that policy may result in dragging out the captivity of the hostages for agonizing months. Accounts differ as to how much control Iran has over the Muslim extremists in Lebanon. West German experience indicates that it is strong...

Author: /time Magazine | Title: Diplomacy To Deal or Not to Deal | 10/3/1988 | See Source »

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