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...efforts to crack down on insider trading, Fedders engineered an unprecedented agreement with Swiss authorities that made it harder for inside traders to hide behind Swiss banking secrecy laws. He also launched the probe that resulted in the indictment of a Wall Street Journal reporter for passing tips to investors before publishing them in his column. Fedders withdrew from that case after one of the targets of the investigation retained counsel from his old law firm. While some associates found Fedders overbearing, the consensus at the agency and on Wall Street was that he was a tough, thoroughgoing official...

Author: /time Magazine | Title: A Troubled Double Life | 3/11/1985 | See Source »

...from the Mont Blanc Bridge. Just last month, two feet of snow suddenly blocked all avenues to the Palais des Nations, the U.N.'s European headquarters, and forced the postponement of an international conference on human rights. Incroyable. Nobody could remember such a thing ever happening before. Swiss army recruits had to clear away the snow...

Author: /time Magazine | Title: Meeting Place of the World | 3/11/1985 | See Source »

...year, on the tsetse fly, on slave labor, on trade tariffs, on the future of the Australian wombat. Conferences are supposed to begin and end punctually, and then the delegates depart to make room for the next set of delegates. That is the system, and the motto on the Swiss 5-franc coin is "Dominus providebit" (The Lord will provide). This week the $100-a-day hotels are filling up with visitors to the world's biggest auto show, which is being held at the new Palexpo exhibition hall. Next week U.S. and Soviet diplomats arrive to resume arms-control...

Author: /time Magazine | Title: Meeting Place of the World | 3/11/1985 | See Source »

...required two days of tense discussions, with the outcome in doubt until the very end. The mere announcement that Shultz and Gromyko would meet in Geneva Jan. 7 and 8 initially raised high hopes around the world. But by the time the U.S. and Soviet delegations arrived in the Swiss city, the negotiating climate seemed not much warmer than the temperature, which dropped so low (14 degrees F) that Gromyko said jokingly that he would "rather be in Siberia." Both sides came in talking so tough that U.S. journalists in the immense press corps (see box) were speculating about...

Author: /time Magazine | Title: Only a Step, But an Encouraging One: Space Weapons Talks Set | 1/21/1985 | See Source »

...pushed open the door and flung the body of their first victim onto the runway. The hijackers had ordered all Kuwaitis and Americans to move to the forward section soon after the plane landed. During the ensuing confusion they apparently selected one American and summarily executed him. Assisted by Swiss diplomats, who made visits to the Tehran morgue, U.S. officials confirmed later in the week that they were "99% certain" that the murdered man was Charles Hegna, 50, an AID officer from Sterling...

Author: /time Magazine | Title: The Gulf: Horror Abroad Flight 221 | 12/17/1984 | See Source »

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