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...around this time that young John set himself two life goals: to be a millionaire and to be Prime Minister. Through currency trading, he realized the first before he was 25. Some two decades later, with an estimated fortune of $40 million, a wife and two children, he'd no sooner ticked off the second goal than he was pushing for the handover from Clark to be fast-tracked so he could attend the Asia Pacific Economic Cooperation leaders' summit in Peru from...

Author: /time Magazine | Title: Key to the Kingdom | 11/13/2008 | See Source »

...Bangkok stadium, Thaksin brushed off concerns about his refuge woes. Several countries, he has claimed, have offered him honorary citizenship. Although Thaksin didn't specify his possible future home, the Bahamas did express initial willingness to host the former premier when he fled Thailand this summer after his wife was found guilty of tax evasion. Thai media have also reported that the Central African Republic might take Thaksin in if he's willing to invest some of his fortune in one of Africa's poorest countries...

Author: /time Magazine | Title: One Self-Exiled Ex-Premier Seeking New Nation, with Fairway | 11/12/2008 | See Source »

...jail. Chen, who left office in May amid scandal, held his handcuffs high and shouted, "Political persecution!" and "Cheers for Taiwan!" as he was led to the Taipei District Court, arrested on corruption charges that include money laundering, embezzlement, bribery and forgery. In August, Chen admitted that his wife had wired $20 million in leftover campaign funds overseas earlier in the year, but he denied engaging in money laundering. After an overnight session with prosecutors, judges decided on Wednesday morning to take Chen into custody to prevent him from colluding with other suspects...

Author: /time Magazine | Title: Taiwan Arrests Former President | 11/12/2008 | See Source »

...last two years of Chen's administration were marred by scandal. His popularity and credibility plunged when his son-in-law was found to be guilty of insider trading in 2006. Not long after, his wife and three aides were indicted for embezzlement, forgery and perjury in the mishandling of $450,000 from a secret expense fund. Chen was also named a suspect in the case, which is now being investigated along with the money laundering allegations...

Author: /time Magazine | Title: Taiwan Arrests Former President | 11/12/2008 | See Source »

...Chen's wife, son, and daughter-in-law are also expected to be arrested soon. Nine other suspects, including former aides, officials and his brother-in-law have already been detained. With the numerous scandals that have swirled around Chen's inner circle the past two years, political commentator and Chen's former advisor Antonio Chiang says, "His arrest will be a great relief to the DPP, and to the people...

Author: /time Magazine | Title: Taiwan Arrests Former President | 11/12/2008 | See Source »

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