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...giant firm Russian Aluminum, did not attend the World Economic Forum annual meeting in Davos last week; the group withdrew its invitation after a fellow businessman filed a lawsuit accusing him of bribery and racketeering. Sergei Mikhailov, an entrepreneur who spent a little over two years in a Swiss jail on charges of heading a Mafia family before being released in December 1998 for lack of evidence, raged at a press conference in Moscow late last month: "America is now denied me, Europe is denied me, even Africa turned me away! They have made me nevyezdnoi...

Author: /time Magazine | Title: Viewpoint: Closing the Door | 2/26/2001 | See Source »

Before the pardon, Rich appeared to have it all--a mansion in a Swiss village, a global business and a helicopter to take him skiing where no lift could reach. But if he left Switzerland, Israel or Spain, he risked getting bounced to New York to face criminal tax-evasion charges from 1983. Bounty hunters and U.S. Marshals set traps for him, and Rich missed his father's funeral--and later his daughter's when she died of leukemia in 1996. That's why, for the two decades after he fled the U.S., Rich has been trying...

Author: /time Magazine | Title: His Ultimate Deal: How Rich Got Off The Hook | 2/26/2001 | See Source »

...Switzerland, meanwhile, Rich has contributed hundreds of millions of dollars to the economy through taxes and donations. "His donations are strategically focused," says Josef Lang, a Swiss historian and government official in Zug. "He knows exactly what segment of the population to attract: concerts and museums for educated, high-income people, the hockey club for 'popular' appeal." All the while, Switzerland refused to hand Rich over to the U.S. Says Hans Bachmann, the mayor of Meggen, where Rich lives: "He has not demanded any special treatment from local authorities, and we in turn do not talk about...

Author: /time Magazine | Title: His Ultimate Deal: How Rich Got Off The Hook | 2/26/2001 | See Source »

Rich's empire has flourished because of his ability to operate below radar. But the pardon he wished for has magnified his every move, and the relationships he has nurtured have begun to sour. "A lot of people are distancing themselves from Rich," says Lang. Swiss officials are investigating whether Rich's company has complied with laws against money laundering. The longest trade of Rich's career may turn out to be the most foolish...

Author: /time Magazine | Title: His Ultimate Deal: How Rich Got Off The Hook | 2/26/2001 | See Source »

...they say at Disney, the park is the ride. It's a pleasure to browse in this imaginary Anytown; each quiet corner is art-directed with meticulous pizazz. Tread carefully on the elevated rope "netwalk"--a sort of Swiss Family Wallenda--in the Redwood Creek Challenge Trail. Stop to hear gorgeous spellbinder Nicole Barre spin an Indian fable, How the Rabbit Stole the Sun, in the Ahwahnee Camp Circle. Catch the charming film snippets of Rosie O'Donnell and Colin Mochrie in the Boudin Bakery pavilion. Wander through Paradise Pier, where you will find Wolfgang Puck's to-diet...

Author: /time Magazine | Title: The Golden State Shines Like New | 2/19/2001 | See Source »

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