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...stakes for Lloyd's were just as high. In the three centuries since it was founded in Edward Lloyd's Thames-side coffee house, Lloyd's has operated under the watchword "utmost good faith." Were it to be found to have engaged in fraud, even in the semi-distant past, its credibility would be undermined and along with it a premier position in a business where confidence--summed up in the Lloyd's motto Fidentia--is an essential ingredient...

Author: /time Magazine | Title: For Whom The Bell Tolls | 11/13/2000 | See Source »

Other havens in Europe are also feeling pressure. Switzerland, for generations a watchword for banking secrecy, two years ago began to allow the financial curtains to be parted in investigation of possible criminal offenses. In two of the more recent high-profile cases, authorities investigated nearly $500 million deposited in 19 banks by former Nigerian dictator Sani Abacha and an undisclosed sum frozen in nine bank accounts controlled by the Ivory Coast's former leader, Henri Konan Bedie. James Nason, a Swiss Bankers Association official, says that since a new money-laundering law went into effect in April...

Author: /time Magazine | Title: Cleanup Time | 9/25/2000 | See Source »

...watchword for the 1990s is diversity," she reasons. "I'm not from here, but I wanted to represent Massachusetts. I live here now, and it's a place I've grown to love...

Author: NO WRITER ATTRIBUTED | Title: Elizabeth Hancock | 6/8/2000 | See Source »

Such efforts helped make Starr's name a popular watchword for prosecutorial excess. But as Schmidt and Weisskopf make plain, Starr bears blame as well. His rigidity and self-righteousness compounded his native ineptitude in public relations. He was unable to resolve quickly the intra-office battles among the factions that split his staff. Inherently overcautious, he and his team let prosecutorial opportunities slip by at key moments, most notably in their failure to gain Lewinsky's cooperation as the scandal broke...

Author: /time Magazine | Title: Getting Beyond The Cliche | 5/1/2000 | See Source »

...find supplements claiming to cure your impending sleeplessness or panic attacks. Likewise, you'll find products that "maintain memory function," but nothing that claims to reverse serious memory loss. And even though some products' claims can make those herbs seem awfully tempting, TIME medical writer Christine Gorman warns, "the watchword for consumers is caveat emptor. People have the mistaken belief that there is scientific proof these supplements do what they say they will, while most of the claims are just wishful thinking." And, Gorman adds, as the FDA continues to back away from supplement regulation, the onus falls increasingly...

Author: /time Magazine | Title: If You Choose the Herbal Life, It's Buyer Beware | 1/6/2000 | See Source »

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