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With hardly a shot fired, General Tomoyuki Yamashita unloaded his main invasion force troops in rough waters off Singora Beach, just north of the Thai border. They had little trouble marching southward into Malaya. Orders from British headquarters in Singapore called for defending the border "to the last man," since "our whole position in the Far East is at stake," but the only force assigned to do so was an ill-trained, ill-equipped Indian division. It had neither tanks nor antitank guns, because the British had declared the jungle "impenetrable." As Japanese tanks pressed southward, the force retreated...

Author: /time Magazine | Title: Down but Not Out | 12/2/1991 | See Source »

...mainland, Yamashita's bicycle-riding invaders needed only 70 days to pedal and hack their way 600 miles down the Malayan peninsula. All through the night of Jan. 31, British troops marched out of Malaya and across the 1,100- ft.-long causeway to the island fortress of Singapore. The last 90 to leave were Argyll Scots marching to their bagpipers skirling Hielan' ((Highland)) Laddie. The British then blew a 70-ft. gap in the causeway -- but the inrushing waters proved to be only 4 ft. deep at low tide...

Author: /time Magazine | Title: Down but Not Out | 12/2/1991 | See Source »

...from the country's cigarette-tobacco monopoly. But Seagrave estimates that the ex-dictator's fortune may be as much as $100 billion. Whence came that awesome wealth? Seagrave's answer is that Marcos had located and dug up part of a vast horde of stolen bullion known as "Yamashita's Gold...

Author: /time Magazine | Title: Books: Mercenary Monsters From Manila THE MARCOS DYNASTY | 11/14/1988 | See Source »

According to the author's somewhat breathless account, when Japanese General Tomoyuki Yamashita ("the Tiger of Malaya") moved to Manila in 1944, he took charge of several billion dollars' worth of gold that the Japanese had accumulated in their conquest of Southeast Asia. The bullion was cached in underground caves dug by U.S. and Filipino prisoners of war, who were then buried alive with it. Seagrave claims that Marcos was able to disperse the gold with the aid of a murky global network of coconspirators, including Swiss banks, a London-based bullion cartel, right-wing American political groups (among them...

Author: /time Magazine | Title: Books: Mercenary Monsters From Manila THE MARCOS DYNASTY | 11/14/1988 | See Source »

Among the newly confident buyers were foreign investors, who had recoiled in the aftermath of Black Monday and whose return had been considered doubtful. "We believe that the U.S. market has bottomed out. The worst is over," said Yoshitaka Yamashita, an executive vice president for Japan's Nomura Securities. "Things have stabilized, and again we are accumulating shares...

Author: /time Magazine | Title: The Crash: Riding Out the Aftershocks | 11/9/1987 | See Source »

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