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...little hard evidence to implicate the venerable granite-walled banks of Switzerland in such schemes. Since then Swiss banks have been chastened by the disclosure that their accounts were used in a billion-dollar money-laundering operation. The resulting political scandal, in which the Justice Minister was forced to resign, ranks as the worst in modern Swiss history...

Author: /time Magazine | Title: Crackdown on The Swiss Laundry | 4/24/1989 | See Source »

...topple his Liberal Democratic Party government, much as a series of financial misdeeds brought down Prime Minister Kakuei Tanaka in 1974. Since Recruit's involvement in influence peddling among the political bigwigs first came to | light in the press last June, 20 people have been forced to resign, including three members of Takeshita's Cabinet. The list of those implicated, numbering 155, includes not only L.D.P. and opposition politicians but also prominent members of Japan's powerful government bureaucracy, businessmen, academics and newspaper executives. If Takeshita should survive the scandal, the main reason will be that all the L.D.P. leaders...

Author: /time Magazine | Title: Japan A Scandal That Will Not Die | 4/24/1989 | See Source »

Anyone who doubts that sheer gall knows no bounds should consider the case of former Vice President Spiro Agnew. In 1973 Agnew was forced to resign as Richard Nixon's Veep amid charges that while Governor of Maryland he accepted $147,500 in illegal kickbacks from highway contractors. Nine years later, after settling down in tony Rancho Mirage, Calif., Agnew paid the state of Maryland $248,735 in restitution for the alleged bribes, plus interest and fines. But Agnew, who became an international business consultant after leaving the Government, deducted the entire amount, plus legal fees and interest, from...

Author: /time Magazine | Title: California: Agnew Agonistes | 4/17/1989 | See Source »

...faced a merciless grilling. Rawl said once again that the company is taking full responsibility for the spill and will pay cleanup costs, but the Senators were not satisfied. Slade Gorton, a Republican from Washington, pointed out to Rawl that when Japanese companies cause serious accidents, their executives often resign in remorse. "I suggest that the disaster your company caused calls for that sort of response," said Gorton. Replied Rawl: "A lot of Japanese kill themselves also, and I refuse to do that...

Author: /time Magazine | Title: Environment: The Two Alaskas | 4/17/1989 | See Source »

Georgia's president, Otari Cherkeziya, also offered to resign, and the matter will be considered at the next session of Georgia's Supreme Soviet parliament, which is empowered to remove him, Tass said...

Author: NO WRITER ATTRIBUTED | Title: Soviet Georgia's Premier Ousted After Riot | 4/15/1989 | See Source »

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