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...DIED. CASPAR WEINBERGER, 88, wry, intellectual public servant whose long record of toil in the White Houses of Presidents Nixon, Ford and Reagan was marred by a late, rare blemish: a 1992 indictment for allegedly covering up facts in the Iran-contra scandal, which he vigorously denied and for which he was pardoned; in Bangor, Maine. As Reagan's Defense Secretary, Weinberger presided over a $2 trillion peacetime military buildup?the biggest in U.S. history?and backed the controversial, never-implemented Strategic Defense Initiative, or Star Wars. After finding himself at odds with Reagan's arms-control negotiations with Mikhail...

Author: /time Magazine | Title: Milestones | 4/3/2006 | See Source »

...RESIGNED. SEIJI MAEHARA, 43, as leader of the Democratic Party of Japan (DPJ), the country's largest opposition party, to take "full responsibility" for a scandal involving a colleague's unfounded bribery allegations; along with several other party members; in Tokyo. DPJ lawmaker Hisayasu Nagata admitted last month that he couldn't verify his accusation that Livedoor founder Takafumi Horie had bribed the son of the Liberal Democratic Party's secretary-general. "I hope this will renew the public's faith and rebuild the party," Maehara said upon stepping down...

Author: /time Magazine | Title: Milestones | 4/3/2006 | See Source »

...separate fraud case; for using a fake $23 million wire transfer--intended to prove a down payment had been made--to qualify for a loan to buy a fleet of gambling ships; in Miami. Abramoff was allowed to remain free to assist the investigation into the congressional lobbying scandal...

Author: /time Magazine | Title: Milestones Apr. 10, 2006 | 4/2/2006 | See Source »

DIED. CASPAR WEINBERGER, 88, wry, intellectual veteran public servant whose long record of toil in the White Houses of Presidents Nixon, Ford and Reagan was marred by a late, rare blemish: a 1992 indictment for allegedly covering up facts in the Iran-contra scandal, which he vigorously denied and for which he was pardoned; in Bangor, Maine. As Defense Secretary under Reagan, the anti-Soviet hard-liner presided over a $2 trillion peacetime military buildup--the biggest in U.S. history--and backed Reagan's controversial, never implemented Strategic Defense Initiative, or Star Wars. After finding himself at odds with Reagan...

Author: /time Magazine | Title: Milestones Apr. 10, 2006 | 4/2/2006 | See Source »

Ultimately Rao is counting on his students to create a more genuine ethic of business, one that would not allow a scandal like Enron to take root. He likes to imagine what a generation of other-centered businesspeople could do for the world. "In about a decade, my students will be in leadership positions," he says with a satisfied smile. "And they will ask, What can I do to make things better...

Author: /time Magazine | Title: Change Agent: B-School Buddhism | 4/2/2006 | See Source »

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