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...Name Withheld by Request Atlanta...

Author: /time Magazine | Title: Letters, Mar. 20, 1995 | 3/20/1995 | See Source »

...twice its available capital--in a few weeks of reckless financial gambling by a single person. Around the world staff members were in shock. Many were about to receive their annual bonuses. Now, in Barings outposts outside Britain, passports were being confiscated, properties frozen, company credit cards rescinded, salaries withheld-just as tax time approached. "We were a bank with a crest, not a trademark," said one Hong Kong employee in dismay. Indeed, Barings was one of the Queen's banks (she could lose as much as $1 million), and the founding family currently boasts five different hereditary peerages, more...

Author: /time Magazine | Title: Nicholas Leeson: GOING FOR BROKE | 3/13/1995 | See Source »

...penalty of up to five years in prison for each of 25 counts of perjury, unlawful concealment and obstruction of justice. The federal indictment charges that Watt -- who left Interior in 1983 -- lied to Congress and to a grand jury that was investigating the Reagan Administration HUD scandal, and withheld documents that contradicted his denials of lobbying agency employees from1984 to 1986. "I did not lie to the Congress or to the grand jury nor in any way obstruct justice," Watt retorted in a written statement...

Author: /time Magazine | Title: JAMES WATT INDICTED | 2/22/1995 | See Source »

...penalty of up to five years in prison for each of 25 counts of perjury, unlawful concealment and obstruction of justice. The federal indictment charges that Watt -- who left Interior in 1983 -- lied to Congress and to a grand jury that was investigating the Reagan Administration HUD scandal, and withheld documents that contradicted his denials of lobbying agency employees from1984 to 1986. "I did not lie to the Congress or to the grand jury nor in any way obstruct justice," Watt retorted in a written statement...

Author: /time Magazine | Title: JAMES WATT INDICTED | 2/21/1995 | See Source »

...that Russia can succeed in becoming a member of the family of democratic, market-oriented countries. Western governments are increasingly hesitant to aid an administration that makes war on its own citizens. ``If things continue in Chechnya, then investment--and of course economic support as well--will be automatically withheld,'' warned German Foreign Minister Klaus Kinkel earlier this year...

Author: /time Magazine | Title: FROM BAD TO WORSE | 2/20/1995 | See Source »

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