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...Bahamas, Luxembourg, the Netherlands Antilles. (One result is that I.O.S. paid only $945,000 in taxes on its 1968 income of $15.3 million.) Lately, as Cornfeld's success has led dozens of other mutual funds to incorporate "offshore," the tax-dodging criticism has lost much of its sting. Last June, I.O.S. quietly shifted its legal domicile to Canada. European bankers who once sneered at Cornfeld's brash ways have lately begun to copy his sales methods and solicit his business...

Author: /time Magazine | Title: Business: The Midas of Mutual Funds | 1/12/1970 | See Source »

Kochubiyevsky had felt its sting before. Early in 1968, he was hounded out of his job at a Kiev radio factory because he had dared to defend Israel during a political lecture. When he applied for an exit visa to Israel, his non-Jewish wife was expelled from the Young Communist League for "Zionism" and disowned by her father, a KGB security police officer. Just before Kochubiyevsky was to get his emigration papers, he was arrested for "slanderous fabrications against the Soviet state...

Author: /time Magazine | Title: Soviet Union: Postscript to Babi Yar | 10/10/1969 | See Source »

...Lipset's motion received 45 fewer votes than the comparable amendment which took the political sting out of the resolution on the October 15 moratorium. In all probability, not all of the change was accounted for by confusion; the groundwork laid by Edsall and Albritton had undoubtedly convinced some Faculty members to alter their stance...

Author: By William R. Galeota, | Title: The Faculty's Vote: How Did It Happen? | 10/8/1969 | See Source »

...lashed by a familiar adversary. After brooding for nearly two months about the effect of his fatal Chappaquiddick Island accident on his credibility in raising a moral issue, Senator Edward Kennedy converted a routine dinner speech in Boston into a chance to resume-with even more sting than before-his attack on the Administration's war policy. "We have made only token troop withdrawals on the battlefield, an exercise in politics and improvisation," he charged. He called Viet Nam "difficult to justify, impossible to win-a war not worthy of our lives and efforts, a conflict that has made...

Author: /time Magazine | Title: Nation: VIET NAM: TRYING TO BUY TIME | 9/26/1969 | See Source »

Filling War Chests. Now the guerrillas seem to be turning from bush to big city. Violence in the streets is nothing new to Brazil, Argentina, Bolivia, Colombia and Uruguay, but all are now feeling the sting of an accelerated and often well-coordinated urban terrorist campaign. The action groups appear to be locally directed, far-leftist, to be sure, but not necessarily Communist. In fact, Moscow, pursuing its objectives in Latin America with trade and aid, often finds the radical terrorists a hindrance. In Brazil, several factions are known to be operating, united only by their desire to overthrow...

Author: /time Magazine | Title: Latin America: The Urban Guerrilla | 9/19/1969 | See Source »

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