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...which began in mid-February. It guaranteed that Roosevelt took the oath of office amid such an atmosphere of crisis that Hoover had become the most hated man in America. There were rumors, as he left Washington, that he had been arrested trying to escape aboard Andrew Mellon's yacht with the gold he had raided from Fort Knox...

Author: /time Magazine | Title: When New President Meets Old, It's Not Always Pretty | 11/10/2008 | See Source »

...cherub-cheeked 37-year-old son of a Baronet. Their interactions with each other and with Nathaniel Rothschild, scion of the eponymous banking dynasty, and Rothschild's friend and business associate Oleg Deripaska, a reclusive oligarch routinely described as Russia's wealthiest man, took place aboard Deripaska's super-yacht and in other opulent Adriatic locations over a long weekend in August. Throw in cameo appearances by Rupert Murdoch and his daughter Elisabeth, and the Corfu capers are proving the perfect distraction from Britain's credit crunch woes. A month ago Labour and the Conservatives pledged cross-party cooperation...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

...Mandelson's dealings with Deripaska, a controversial figure whose multi-entry visa to the U.S. was revoked by the State Department in 2006. Mandelson and Deripaska have known each other for several years. Although invited to Corfu by his close friend Rothschild, Mandelson stayed on the oligarch's yacht because Rothschild's villa was full. In his E.U. post, Mandelson was theoretically in a position to assist the Russian's business interests. He angrily denied any impropriety in an interview with the BBC. "There has been innuendo in the newspapers that I gave favors or I gave benefits as Trade...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

...have ended his Hollywood career. And his drinking habits can't have helped either - only the onset of diabetes forced him to become a teetotaler, albeit an unrepentant one: "There's a little more dignity in sharing a couple of cocktails, some caviar and a good cigar on a yacht with Katherine Hepburn and Nunnally Johnson than there is in washing down your sugar-free seventy-fifth birthday cake with a can of Diet Pepsi and a SpongeBob SquarePants hat askew on your head...

Author: /time Magazine | Title: The Autobiography of Tarzan's Cheeta | 10/23/2008 | See Source »

They finally arrived at their destination a full 24 hours later than planned. Worst of all, they missed out on a night in a pricey resort and a night aboard a yacht that Keirn had chartered. Let's all raise a glass to the happy couple...

Author: /time Magazine | Title: A Nightmare Honeymoon Flight to Tahiti | 10/22/2008 | See Source »

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