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...safe haven, Wilson left Tripoli a week ago last Monday for Switzerland, carrying a fake Irish passport in the name of Philip McCormick. What Wilson did not know was that U.S. officials had helped arrange his phony papers and that as soon as he stepped off the plane at Zurich he was being shadowed by a pair of federal marshals. He then flew directly to Madrid, where he boarded Iberia International Airlines flight 945 for Santo Domingo...

Author: /time Magazine | Title: From the Shores of Tripoli | 6/28/1982 | See Source »

...over the land that Lebanon inherited from them. Beirut, a bright, amiable amalgam of beach resort and international bank and world-class shopping mall and neon whorehouse, was invariably called the Paris of the Middle East. It may have been more like Monte Carlo, crossed with Miami Beach and Zurich. The Lebanese were cultured and vividly commercial. They stood precisely at the intersection of Western and Middle Eastern culture, and took a handsome profit by mediating between the two. They have the highest literacy rate and the only real parliamentary democracy in the Arab world...

Author: /time Magazine | Title: Essay: The Lebanese Dance of Death | 6/21/1982 | See Source »

Lewellyn paid for his stock by borrowing from five leading brokerage firms, including $3.1 million from Merrill Lynch and $16 million from Swiss American Securities, a unit of Zurich's Credit Suisse. He also reportedly misappropriated $2.8 million in Government securities from the First National Bank in Humboldt, where his father was president...

Author: /time Magazine | Title: Des Moines Stockbroker Lewellyn: Catch Me if You Can | 4/26/1982 | See Source »

Fritz is the child of affluent parents, the Ordinary People of Zurich. At home there are no arguments, no problems. About matters of taste, there is no dispute: his parents are always right. Questions concerning money, love, sex, religion and politics are taboo. The child is never allowed to see that the world is not perfect. Yet his life is colored by a pervasive sadness: "We did nothing and said nothing and fought for nothing and had no opinions and spent our time being amused by other people who were ridiculous enough to do, say, or think something...

Author: /time Magazine | Title: Books: Cries and Whispers | 1/25/1982 | See Source »

Representatives of eight of the European and American banks, acting on behalf of all the Western banks that have made loans to Poland, met last week at a Zurich hotel to discuss the latest Polish loan request. Earlier, six major U.S. banks decided in New York City to deny any additional money for the time being. But after eight hours of talks in Zurich, the bankers broke up, concluding that they had little choice but to let the Polish debt problem drag into the new year...

Author: /time Magazine | Title: Financial Brinkmanship | 1/4/1982 | See Source »

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