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...down $1,000 of your own money to buy a $100,000 house--in a flood plain on the San Andreas fault. "Most hedge-fund managers believe that a leverage ratio in excess of 50 to 1 is exceptionally large and very risky," says Hunt Taylor, executive director of Tass Management, a hedge-fund consulting firm...

Author: /time Magazine | Title: The Brightest and the Brokest | 10/5/1998 | See Source »

...phrase favored at NPR, CNN and the Wall Street Journal, while "bodily fluids" prevailed at CBS News. NBC News and MSNBC went with "DNA evidence," the Washington Post liked "DNA material," and the Christian Science Monitor said "forensic evidence that might suggest sexual contact." The Russian news agency ITAR-TASS was quite adroit, mentioning a "dress Lewinsky claims to [have worn] during her meetings...[that] carries traces of the meetings." For TIME's choice, see Special Report...

Author: /time Magazine | Title: Notebook: Aug. 10, 1998 | 8/10/1998 | See Source »

...There's a bear out there..," Ronald Reagan's campaign ads warned ominously in 1984 in reference to the Evil Empire. Today, the Gipper can rest easy: The bear is very definitely dead -- smitten, in fact, by an elderly Russian woman out gathering wood. ITAR-Tass reported today that Nina Bogdanova of the village of Boborets was attacked by a bear that bit through her hand after she had accidentally entered its lair. Unfazed, Bogdanova whipped out a knife and stabbed the bear to death. She then went home and had a doctor stitch her up without anesthetic...

Author: /time Magazine | Title: There's a Babushka Out There... | 4/28/1998 | See Source »

...Yeltsin account at Video International. Margolev had worked for five years in two American advertising agencies but freely acknowledges that his methods are still influenced by his earlier tenure as a propaganda specialist for the Soviet Communist Party and as an undercover KGB agent masquerading as a journalist for TASS, the Russian news agency. "The Americans helped teach us Western political-advertising techniques," says Margolev, "and most important, they caused our work to be accepted because they were the only ones really close to Tatiana. She was the key. The others in the campaign were like snakes, and snakes...

Author: /time Magazine | Title: RESCUING BORIS | 7/15/1996 | See Source »

...death may be greatly exaggerated. In a repeat of the confusion that reigned last week, when reports that former Chechen leader Jokhar Dudayev had or had not been slain, the Russian press is now issuing conflicting reports of the death of Dudayev's successor. The Russian news agency ITAR-Tass reported Monday that Yandarbiyev was dead, while the news agency Interfax insisted that it was Yardarbiyev's nephew who perished in an attack. There has as yet been no confirmation of Yandarbiyev's death. "One version of the story has Yandarbiyev killed in a shootout between rival Chechen rebel groups...

Author: /time Magazine | Title: Chechnya Rife with Rumors | 4/30/1996 | See Source »

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